Local

Washington ranks fourth in GDP growth

Photo: Clipart.com

Washington ranks fourth in GDP growth

Metro

WASHINGTON STATE – Washington state is in the nation’s top tier regarding growth in annual gross domestic product.

That’s according to the U.S. Bureau of Economic Analysis, which says Washington’s GDP grew 3.6 percent in 2012, the fourth-highest in the nation.

The “Bellingham Herald” reports Washington posted significant increases in several sectors, including durable goods manufacturing, high-tech, and retail trade.

North Dakota had the highest rate of GDP growth, followed by Texas and Oregon.

Copyright © 2013
Metro Networks Inc.