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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