In 2025, the Bureau of Economic Analysis (BEA) reported that real gross domestic product (GDP) expanded nationally, with growth recorded across all states and the District of Columbia. The increase in GDP reflected broad-based economic momentum, supported by contributions from several major industries. At the state level, real GDP growth ranged from a 3.1 percent increase in Florida and South Carolina to a 0.3 percent increase in North Dakota.

Nationally, real GDP, measured at a seasonally adjusted annual rate, increased by 2.1 percent in 2025, led by gains in consumer spending and investment. However, growth in 2025 was much lower than in previous years.

Regionally, real GDP increased in all eight regions between 2024 and 2025. Growth was widespread, with regional gains ranging from a 1.4 percent increase in the Plains region to a 2.3 percent increase in the Far West, Southeast, and the Southwest regions, underscoring broad economic strength across the country.

State-level GDP growth in 2025 was broadly positive but uneven across the country, reflecting differences in industry composition and exposure to cyclical sectors. While most states expanded over the year, growth followed a volatile pattern, with widespread contractions early in the year followed by a strong midyear rebound and a softer finish. South Carolina and Florida led with 3.1 percent growth in real GDP, followed by New York (2.9 percent). Alaska and Utah tied for third place with 2.8 percent real GDP growth. Maryland, Maine, West Virginia, Wyoming, the District of Columbia, and North Dakota grew by less than 1 percent, ranging from 0.7 percent – 0.3 percent. Overall, variation in state performance was largely tied to the relative strength of key industries, including energy, manufacturing, and professional services.