FOR IMMEDIATE RELEASE
Contact:
Maria E. Simos
65 Newmarket Road
Durham, NH 03824
Phone: 603-868-7436
http://www.e-forecasting.com
info@e-forecasting.com
e-forecasting.com releases Second Quarter Gross State Product
Estimates
Q2 GSP ESTIMATES
RELEASED, TX LEADS NATION IN GSP GROWTH
Durham, NH – September 22nd 2008
– Economic research firm e-forecasting.com today announced the
release of their second quarter estimates of quarterly gross
state product, with Texas leading the nation in GSP growth.
Following in increase of US GDP by 3.3 percent to $11,740
billion in the second quarter of 2008, 23 states matched or
surpassed this growth, with Texas’ GSP swelling 7.6 for the
quarter. The change is recorded as an annual percent change from
the previous quarter in GSP at 2000 chained dollars.
Analyzing the full report, CEO Maria Simos reveals a surprising
revelation, “38 states hit all-time GSP highs in the second
quarter of 2008: Alabama, Arkansas, California, Colorado,
Connecticut, DC, Georgia, Hawaii, Illinois, Iowa, Kansas,
Kentucky, Louisiana, Maine, Maryland, Massachusetts,
Mississippi, Missouri, Montana, Nebraska, New Hampshire, New
Jersey, New Mexico, New York, North Dakota, Oklahoma, Oregon,
Pennsylvania, South Carolina, South Dakota, Tennessee, Texas,
Utah, Vermont, Virginia, West Virginia, Wisconsin and Wyoming.
There was growth in all but one state: Washington. This strong
GSP growth is led by the cash rebates tax payers received from
the Federal Government.”
e-forecasting.com, an international economic research and
consulting firm, offers forecasts of the economic environment
using proprietary real-time economic indicators and produces
company and industry-specific leading indicators for its
clients. In cooperation with its affiliate, Infometrica, Inc.,
e-forecasting.com works with business publications and clients
across the globe to provide industry, country and state-level
economic content on a monthly and quarterly basis thus their
predictive intelligence input is used by practitioners around
the world.
For a full press release including charts,
please
see
attached PDF or contact:
info@e-forecasting.com
Phone: 603-868-7436
# # #
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