Wisconsin’s first quarter GDP growth leads Midwest

Only four states in U.S. posted greater increase

Economic indicators

Last updated on July 2nd, 2019 at 09:07 am

Wisconsin’s real gross domestic product (GDP) grew 2.1 percent during the first quarter, the highest growth rate among Midwest states and the fifth highest growth rate of the nation’s 50 states, according to data released today by the U.S. Bureau of Economic Analysis.

Economic indicators

Only Texas (3.9 percent), West Virginia (3.0 percent), New Mexico (2.8 percent) and Washington (2.7 percent) posted higher GDP growth rates that Wisconsin did during the first quarter, according to the report. Maryland and Idaho matched Wisconsin with the 2.1 percent GDP growth rate during the first quarter.

Here’s how Wisconsin compared to its Midwestern neighbors for first quarter GDP growth rate:

  • Wisconsin, 2.1 percent
  • Indiana, 1.8 percent
  • Michigan, 1.5 percent
  • Ohio, 1.4 percent
  • Illinois, 0.9 percent
  • Minnesota, -0.3 percent
  • Iowa, -3.2 percent

Read more economic data reports at the BizTracker page.

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.

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