On March 28, 2025, the Bureau of Economic Analysis released real GDP data for all US states for the fourth quarter of 2024. The FRED map above shows the year-over-year growth rates: Red denotes contraction, light green denotes some growth, and dark green denotes faster growth.

Highlights

• 48 of 50 state economies expanded in 2024, with a national average of 2.8% growth.
• The median state grew at 2.4%, and 28 other states had slower growth than the US average.
• Utah had the fastest growth, at 4.5%.
• North Dakota and Iowa actually contracted at rates of -0.7% and -0.4%, respectively.

The St. Louis Fed’s Eighth District states all had positive growth, although most were below the national average: Arkansas and Indiana had the fastest growth, at about 3.8%. Missouri had 2.3% growth, just below the national average, placing it 30th in the US.

How this map was created: Search FRED for “Real Total Gross Domestic Product for Missouri” and click the first available series. Click the “View Map” button and then the blue “Edit Map” button. Modify the frequency to “Annual”; scroll to “Format” and switch the number of color groups to 3 with the data grouped by “User Defined Method”; then define the scales to be 0, 2.8, and 5. For values less than 0, choose red to show contraction; for values less than 2.8, choose light green to show a slower expansion than the whole United States; for values less than 5, choose dark green to show a faster expansion.

Suggested by Charles Gascon and Violeta Gutkowski.