State economy changes, first quarter of 2025

39 states and the District of Columbia had shrinking economic output in the first quarter, up from 22 states and the District of Columbia in 2024. Midwest farmers are squeezed by fertilizer prices while Southeastern states were buoyed by real estate and tech growth.

39 states and the District of Columbia had shrinking economic output in the first quarter, up from 22 states and the District of Columbia in 2024,. Midwest farmers are squeezed by fertilizer prices while Southeastern states were bouyed by real estate and tech growth.
Changes are expressed in annualized percent change from quarter 4 of 2024 to quarter 1 of 2025 in gross domestic product, a standard measure of economic health that represents total market value of goods and services adjusted for inflation.
Chart: Tim Henderson/StatelineSource: U.S. Bureau of Economic Analysis, Stateline analysisGet the dataEmbed Created with Datawrapper