Gross Domestic Product Data Series
2016 Estimates

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The broadest measure of economic activity is the gross domestic product (GDP). Gross Domestic Product by State (GSP) measures the value-added from industries in a state. According to estimates from the U.S. Bureau of Economic Analysis, Missouri ranked 22nd nationally in GSP at $263.9 billion in inflation-adjusted dollars, a 1.1% percent increase from 2015 to 2016. Nationally inflation-adjusted GDP increased 1.5% percent over the same period.

2002 to 2016 Gross Domestic Product for Missouri



MISSOURI
Gross State Product
Year Current      Chained     Percent Change Current $ Percent Change Chained $
(in millions $)  (in millions $)
2002 $197,222 $235,058 2.6% 0.8%
2003 $205,164 $240,041 4.0% 2.1%
2004 $215,606 $245,100 5.1% 2.1%
2005 $224,091 $247,860 3.9% 1.1%
2006 $232,795 $250,021 3.9% 0.9%
2007 $240,613 $250,581 3.4% 0.2%
2008 $250,088 $255,426 3.9% 1.9%
2009 $250,436 $250,436 0.1% -2.0%
2010 $255,865 $253,059 2.2% 1.0%
2011 $257,225 $250,034 0.5% -1.2%
2012 $266,245 $252,620 3.5% 1.0%
2013 $275,911 $256,738 3.6% 1.6%
2014 $282,034 $257,237 2.2% 0.2%
2015 $292,718 $260,933 3.8% 1.4%
2016 $300,891 $263,933 2.8% 1.1%
Note: chained refers to real or inflation-adjusted values

Missouri's private sector grew 1.5 percent and contributed over $233.3 billion to Missouri's GSP in 2016. Government declined by 0.6 percent and contributed nearly $30.7 billion. Among private sector industries, Manufacturing represents the largest share of GSP in the State at 12.8 percent. Real Estate (11.8 percent) and Health Care and Social Assistance (8.7 percent) are other top contributing industries to the Missouri GSP.

Missouri Gross State Product, 2016 
(in millions of 2009 chained $) 
Industry  GSP Share of Total GSP
All industry total   $  263,933 100%
  Private industries   $  233,313 88.4%
       Agriculture, forestry, fishing, and hunting  $      3,443 1.3%
       Mining   $         684 0.3%
       Utilities   $      5,378 2.0%
       Construction   $      9,056 3.4%
       Manufacturing   $    33,743 12.8%
           Durable goods manufacturing   $    17,874 6.8%
           Nondurable goods manufacturing   $    16,059 6.1%
       Wholesale trade   $    17,923 6.8%
       Transportation and warehousing   $      8,716 3.3%
       Information   $    11,388 4.3%
       Finance and Insurance   $    17,121 6.5%
       Real estate, rental, and leasing   $    31,175 11.8%
       Professional, scientific, and technical services   $    17,793 6.7%
       Management of companies and enterprises   $      9,070 3.4%
       Administrative and waste management services   $      8,425 3.2%
       Educational Services   $      2,788 1.1%
       Health care and social assistance  $    22,950 8.7%
       Arts, entertainment, and recreation   $      3,554 1.3%
       Accommodation and food services   $      6,905 2.6%
       Other services, except government   $      6,043 2.3%
  Government   $    30,684 11.6%

Nationally, Real GDP growth slowed to 1.5 percent after increasing 2.6 percent in 2015. Real GDP grew in 43 states and the District of Columbia. Real GDP by state growth ranged from 3.7 percent in Washington to -6.5 percent in North Dakota. Information Services, Professional, Scientific, & Technical Services, and Health Care and Social Assistance were the leading contributors to growth in 2016. A decline in Mining subtracted from growth nationally.


Map of Percent Change of USA GSP

Source: U.S. Bureau of Economic Analysis, Regional Economic Accounts, Gross State Product



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