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Tenth District Economic Update For the Fourth Quarter of 2019

Real Gross Domestic Product (GDP) growth among Tenth District states was positive and improved from year-end 2018 to Q3 2019 in all states but Colorado, and all states but Oklahoma outpaced the U.S. growth rate in Q3.

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Economic Update Solution
 
PDFEconomic Update

Tenth District Economic Update For the Fourth Quarter of 2019

Real Gross Domestic Product (GDP) growth among Tenth District states was positive and improved from year-end 2018 to Q3 2019 in all states but Colorado, and all states but Oklahoma outpaced the U.S. growth rate in Q3. At 2.6% annualized real GDP growth in Q3 2019, Colorado, the fastest growing state in the district and sixth fastest in the U.S. (based on 2018 growth), remains a hotbed of both young, talented professionals and energy production. As a result, Colorado is seeing ongoing, above-nationwide-average contributions from the professional, scientific and tech services sectors, as well as retail trade and mining, quarrying, and oil & gas extraction sectors.

 

 

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