New York's GDP grew 1.4 percent in 2015

Andrew Green//June 17, 2016//

Andrew Green//June 17, 2016//

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New York’s real gross domestic product—the sum of what consumers, businesses, and government spend on final goods and services, plus investment and net foreign trade—grew by 1.4 percent in 2015, according to annualized, seasonally adjusted data published by the Bureau of Economic Analysis on Tuesday. The report shows that California and Oregon led states with 4.1 percent GDP growth in 2015. The average rate for all states and the District of Columbia was 1.7 percent.

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