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Aug 30, 2023 · In the 3rd quarter of 2023, the real GDP growth rate for Ohio was 4.6% per year, compared with 1.9% the previous quarter. The latest data shows that Ohio economic growth is lower than the US overall. Gross domestic production (GDP) estimates the size of an area’s economy.
Jul 5, 2023 · We answer these questions in our newest episode of Ask an Economist. 00:38 – What is economic growth? 01:37 – Why does economic growth matter? 02:29 – How is economic growth measured? 04:05...
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Jul 5, 2024 · In 2023, the real gross domestic product (GDP) of Ohio was 698.22 billion U.S. dollars. This is a significant increase from the previous year, when the state's real GDP stood at 689.68 billion...
Ohio GDP was $736,450,000,000 in 2021 according to BEA data. Ohio GDP represents 3.20% of US GDP which made it the 7th largest state economy in the nation in 2021. Over the 5 years ending in 2021 the Ohio economy grew in real terms by 5.55% at a compound annual growth rate of 1.09% per year.
Dec 31, 2019 · Ohio Real GDP is at a current level of 698.22B, up from 689.68B one year ago. This is a change of 1.24% from one year ago. View and export this data back to 1997. Upgrade now. In depth view into Ohio Real GDP including historical data from 1997 to 2022, charts and stats.
May 20, 2021 · GDP growth has been lackluster in Ohio in recent years. Due in part to a 2.4% contraction in 2020, Ohio's economy expanded at an average annual rate of 0.7% over the last half decade -- half the comparable national growth rate of 1.4%.
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May 20, 2021 · Due in part to a 2.4% contraction in 2020, Ohio’s economy expanded at an average annual rate of 0.7% over the last half decade — half the comparable national growth rate of 1.4%.
