Gross State Product for 2021

The US Bureau of Economic Analysis (BEA) released its Gross State Product (GSP) data for 2020 on March 31, 2021.

Usgovernmentspending.com has updated its individual state GSPs for 2021 and projected nominal and real GSP through 2027 for each state using the projected national GDP numbers from Table 10.1 in the Historical Tables for the Federal FY2023 Budget and the historical GDP data series from the BEA as a baseline.

As before we have projected individual state GSPs out to 2027. 

Click here to view a complete list of US states and their 2021 GSP growth rates.

Process:

1. Click on link.
2. Click on "Interactive Data" link
3. Click on "Interactive Tables: GDP by State" link
4. Click on "Annual Gross Domestic Product (GDP) by State"
5. Click on Gross Domestic Product (GDP) summary (SAGDP1)
6. Areas: Select "All Areas"
7. Statistic: Select "Real GDP..." and "Current-dollar GDP..."
8. Click on Next Step button
9. Time Period: Select "All Years"
10. Click on Next Step button
11. Click on Download Data button
12. Select CSV 

Agency Debt Update for 2021

On March 27, 2022, usgovernmentspending.com updated its data for agency debt from the Federal Reserve Board database. Data is now available for the period 1945-2021. You can see our Agency Debt page here, and a comparison with the official "on-the-books" debt here.

For the period 2022 to 2027 usgovernmentspending.com has "guesstimated" the agency debt, assuming that it increases at the same rate as it did in 2020 to 2021.

See "Federal 'Agency Debt' Added" for explanation of  data derivation.

Data is downloaded from the FRB data download page for "Financial Accounts of the United States (Z.1)" as follows.

1. Select a preformatted data package: "L.211 (A) Agency- and GSE-Backed Securities, n.s.a."
2. Click: Format package.
3. Select: 100 years.
4. Click: Go to Download.
5. Click: Download File.

US GDP For 2021 Updated

On February 12, 2022 usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis, under "Supplemental Information and Data" including nominal US GDP for calendar 2021 of $22.994 trillion and real US GDP  for calendar 2021 of $19.427 trillion in 2012 dollars. Real GDP is now expressed in 2012 dollars. GDP for years going back to 2015 have been revised by BEA.

Usgovernmentspending.com uses the BEA US GDP data series from 1929 to the present and measuringworth.com as its US GDP source from 1790 to 1928.

BEA will update the 2021 GDP data on February 24, 2022.