Missouri’s Gross Domestic Product (GDP) totaled over $238 billion in 2008 according to advanced data estimates from the U.S. Bureau of Economic Analysis. Real Missouri GDP growth from 2007 to 2008 was 1.1%, less than the U.S. average of 2.0% for the period. Missouri’s growth rate was steady compared to 2006-2007. Real GDP growth slowed in thirty-eight states.
| GSP (Current $M) |
GSP (Real 00$M) |
GSP Current-$ (% Change) |
GSP Real-$ (% Change) |
|
| 1998 | 164,267 | 171,653 | ||
| 1999 | 168,980 | 172,930 | 2.9% | 0.7% |
| 2000 | 176,708 | 176,708 | 4.6% | 2.2% |
| 2001 | 182,362 | 177,810 | 3.2% | 0.6% |
| 2002 | 188,351 | 179,918 | 3.3% | 1.2% |
| 2003 | 195,547 | 183,237 | 3.8% | 1.8% |
| 2004 | 204,916 | 186,375 | 4.8% | 1.7% |
| 2005 | 213,012 | 188,373 | 4.0% | 1.1% |
| 2006 | 220,092 | 189,068 | 3.3% | 0.4% |
| 2007 | 229,470 | 191,577 | 4.3% | 1.3% |
| 2008 | 237,797 | 193,775 | 3.6% | 1.1% |
Missouri Gross State Product
1999-2008
Missouri had the 26th largest Gross Domestic Product among the states in 2008. Of the surrounding states, only Illinois (5th) and Tennessee (19th) have larger economies.
Gross State Product 2008 |
||
(millions of current dollars) |
||
State |
GSP |
Rank |
California |
1,846,757 |
1 |
Texas |
1,223,511 |
2 |
New York |
1,144,481 |
3 |
Florida |
744,120 |
4 |
Illinois |
633,697 |
5 |
Pennsylvania |
533,301 |
6 |
Ohio |
471,508 |
7 |
New Jersey |
474,936 |
8 |
North Carolina |
400,192 |
9 |
Georgia |
397,756 |
10 |
Missouri |
237,797 |
26 |
| Missouri Gross State Product 2008 | ||
| (millions of current dollars) | ||
Industry |
GSP (Current $M) | % of Total GSP |
| Total Gross State Product | 237,797 | |
| Private industries | 208,230 | 87.60% |
| Agriculture, forestry, fishing, and hunting | 3,205 | 1.30% |
| Mining | 904 | 0.40% |
| Utilities | 4,521 | 1.90% |
| Construction | 10,046 | 4.20% |
| Manufacturing | 32,047 | 13.50% |
| Wholesale trade | 15,331 | 6.40% |
| Retail trade | 16,144 | 6.80% |
| Transportation and warehousing | 8,870 | 3.70% |
| Information | 11,117 | 4.70% |
| Finance and insurance | 13,400 | 5.60% |
| Real estate, rental, and leasing | 22,716 | 9.60% |
| Professional and technical services | 16,116 | 6.80% |
| Management of companies and enterprises | 8,520 | 3.60% |
| Administrative and waste services | 7,382 | 3.10% |
| Educational services | 3,114 | 1.30% |
| Health care and social assistance | 18,751 | 7.90% |
| Arts, entertainment, and recreation | 3,287 | 1.40% |
| Accommodation and food services | 6,621 | 2.80% |
| Other services, except government | 6,140 | 2.60% |
| Government | 29,567 | 12.40% |
