e-forecasting.com releases Second Quarter Gross State Product

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SECOND QUARTER GROSS STATE PRODUCT ESTIMATES

PRESS RELEASE

 

 

January 2009
01/09/09
01/03/09

December 2008
12/16/08

November 2008

11/07/08
11/05/08
11/03/08

October 2008
10/03/08
10/02/08
10/02/08
10/02/08

10/02/08
10/02/08
10/01/08

September 2008
09/22/08
09/16/08
09/08/08
09/05/08
09/03/08
09/03/08

09/03/08

09/03/08

09/02/08

 

 

 

FOR IMMEDIATE RELEASE

Contact:
Maria E. Simos
65 Newmarket Road
Durham, NH 03824
Phone: 603-868-7436
http://www.e-forecasting.com
info@e-forecasting.com

e-forecasting.com releases Second Quarter Gross State Product Estimates

Q2 GSP ESTIMATES RELEASED, TX LEADS NATION IN GSP GROWTH


Durham, NH – September 22nd 2008 – Economic research firm e-forecasting.com today announced the release of their second quarter estimates of quarterly gross state product, with Texas leading the nation in GSP growth.

Following in increase of US GDP by 3.3 percent to $11,740 billion in the second quarter of 2008, 23 states matched or surpassed this growth, with Texas’ GSP swelling 7.6 for the quarter. The change is recorded as an annual percent change from the previous quarter in GSP at 2000 chained dollars.

Analyzing the full report, CEO Maria Simos reveals a surprising revelation, “38 states hit all-time GSP highs in the second quarter of 2008: Alabama, Arkansas, California, Colorado, Connecticut, DC, Georgia, Hawaii, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin and Wyoming. There was growth in all but one state: Washington. This strong GSP growth is led by the cash rebates tax payers received from the Federal Government.”

e-forecasting.com, an international economic research and consulting firm, offers forecasts of the economic environment using proprietary real-time economic indicators and produces company and industry-specific leading indicators for its clients. In cooperation with its affiliate, Infometrica, Inc., e-forecasting.com works with business publications and clients across the globe to provide industry, country and state-level economic content on a monthly and quarterly basis thus their predictive intelligence input is used by practitioners around the world.


For a full press release including charts, please see attached PDF or contact: info@e-forecasting.com
Phone: 603-868-7436
 


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