Mississippi’s GDP grew by 2.3 percent compared to the first quarter of the year. This was part of a national trend that saw growth among all 50 states. The national average was 2 percent and the Southeast average, which does not include Texas, was 1.7 percent. Texas posted the strongest numbers in the country at 4.7 percent.
Professional, scientific, and technical services and real estate were two of the leading contributors to the GDP growth. Mississippi’s numbers, however, were below others in both sectors. Mining, which helped many western states see big gains, increased by 23.5 percent nationally.
A look inside Mississippi’s numbers reveals noticeable positives for the state, and areas that need improvement.
Percentage change in GDP, Southeast states
Mississippi led every Southeastern state in change of GDP. Florida was the only other Southeastern state above 2 percent. Kentucky had the lowest change, with a growth rate of 1 percent.
In the first quarter of 2019, Mississippi’s GDP grew by 1 percent compared to the Southeastern average of 2.6 percent.