Real* Agriculture, forestry, fishing, and hunting
Gross Domestic Product Growth
State vs Nationwide Average: 2010-2022 and 2022
Real* Agriculture, forestry, fishing, and hunting
Gross Domestic Product Growth
U.S.:
2010-2022 = 7.43%
2022 = 39.86%
Borrowing from an approach that sometimes appears in the finance sections of the popular press, LSGL analysis is a handy and versatile way to compare, portray and classify the patterns of real agriculture, forestry, fishing, and hunting gross domestic product growth across all 51 states. In finance, this technique is used for comparing and assessing the market performance of individual securities or across industry sectors. For example, the performance of the 30 stocks contained within Dow are compared with one another over the past week in contrast to their performance over the past month using the Dow's respective averages as the points of reference.
Here in this United States Regional Economic Analysis Project report, we adopt this approach to gauge and compare the real agriculture, forestry, fishing, and hunting gross domestic product growth of all 51 states over the latest available year (2022) against the backdrop of their growth over the long term period (2010-2022). In so doing we classify their growth and performance into 4 broad categories: Leading, Slipping, Gaining and Lagging.
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Real* Agriculture, forestry, fishing, and hunting
Gross Domestic Product Growth
State vs Nationwide Average: 2010-2022 and 2022
Real* Agriculture, forestry, fishing, and hunting
Gross Domestic Product Growth
U.S.:
2010-2022 = 7.43%
2022 = 39.86%
This figure displays the 51 states of the United States as dots on a scattergram, with the vertical axis representing the average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate over the long-term period (2010-2022), and the horizontal axis representing the real agriculture, forestry, fishing, and hunting gross domestic product growth rate for the near-term (2022).
This figure sets apart those states whose long-term real agriculture, forestry, fishing, and hunting gross domestic product growth exceeded the nationwide average of 7.43%, by portraying them in the top two quadrants demarcated at 7.43% on the vertical axis. State whose long-term average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate trailed the nationwide average (7.43%) are distributed in the bottom two quadrants. In all, 30 states surpassed the nationwide average over 2010-2022, while 19 states fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 27 states whose most recent (2022) real agriculture, forestry, fishing, and hunting gross domestic product growth rate exceeded the nationwide average (39.86%). The two quadrants on the left feature those 22 states whose real agriculture, forestry, fishing, and hunting gross domestic product growth over 2022 trailed the nationwide average.
Accordingly, each quadrant portrays the performance of all 51 states corresponding with their long-term (2010-2022) and near-term (2022) performance relative to their respective nationwide averages of 7.43% over 2010-2022 and 39.86% over 2022:
Leading states () (top-right quadrant)...are states whose average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate surpassed the nationwide average both long-term (7.43%) and near-term (39.86%).
Slipping states () (top-left quadrant)...are states whose long-term average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate exceeded the nationwide average (7.43%), but whose near-term growth has "slipped" by falling below the the United States average (39.86%).
Gaining states () (bottom-right quadrant)...are states whose long-term average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate fell below the nationwide average (7.43%), but whose near-term growth has "gained" by registering above the average (39.86%) nationwide.
Lagging states () (bottom-left quadrant)...are states whose average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate fell under the nationwide average both long-term (7.43%) and near-term (39.86%).
   
 
Summary of United States' 51 State Totals
 
Short Term Average
 
 
Below
(39.86%)
Above
(39.86%)
 
Long
Term
Average
Above
(7.43%)
7
23
30
Below
(7.43%)
15
4
19
 
22
27
49
 
   
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Leading States
2022 vs. 2010-2022 Averages
Leading States
white dot
U.S.:
2010-2022 = 7.43%
2022 = 39.86%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the United States states classified as Leading. These states surpassed the United States' average annual real agriculture, forestry, fishing, and hunting gross domestic product growth both long-term (2010-2022 = 7.43%) as well as near-term (2022 = 39.86%). Each is identified by its corresponding ranking based on it's average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate over 2010-2022.
Of the United States' 51 states, 23 (45%) are classified within the Leading () category. Those states ranked by their long-term average include:
Page 4 of 9
Slipping States
2022 vs. 2010-2022 Averages
Slipping States
U.S.:
2010-2022 = 7.43%
2022 = 39.86%
This figure depicts the distribution of the 7 United States states classified as Slipping (top-left quadrant), in that their long-term average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate outpaced the average nationwide (2010-2022 = 7.43%), while they trailed the nationwide average near-term (2022 = 39.86%). Again, each state is identified by it's corresponding ranking based on its average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate over 2010-2022.
Only 7 (14%) of the United States' 51 states are classified as Slipping (). Those states ranked by their long-term average include:
Page 5 of 9
Gaining States
2022 vs. 2010-2022 Averages
Gaining States
white dot
U.S.:
2010-2022 = 7.43%
2022 = 39.86%
This figure shows the distribution of the 4 United States states classified as Gaining (bottom-right quadrant), in that their long-term average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate posted below the average nationwide (2010-2022 = 7.43%), while they outpaced the United States' average near-term (2022 = 39.86%). Again, each state is identified by its corresponding ranking based on its average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate over 2010-2022.
Of the United States' 51 states, only 8% (4) are featured as Gaining (). Those states ranked by their long-term average include:
Page 6 of 9
Lagging States
2022 vs. 2010-2022 Averages
Lagging States
white dot
U.S.:
2010-2022 = 7.43%
2022 = 39.86%
This figure depicts the distributions of the 15 United States states classified as Lagging (bottom-left quadrant). These states trailed the nationwide average annual real agriculture, forestry, fishing, and hunting gross domestic product growth both long-term (2010-2022 = 7.43%) as well as near-term (2022 = 39.86%). Again, each state is identified by its corresponding ranking based on it's average annual real agriculture, forestry, fishing, and hunting gross domestic product growth rate over 2010-2022.
29% of the United States' states, 15 of 51, are characterized here as Lagging (). Those states ranked by their long-term average include:
Page 7 of 9
   
 
United States
Real* Agriculture, forestry, fishing, and hunting Gross Domestic Product Growth
State vs. Nationwide Average
 
2010-2022
 
2022
 
 
Leading States
 
5
13.25
 
5
82.64
5,117
 
6
12.35
 
6
74.85
5,941
 
3
14.63
 
1
122.48
1,259
 
24
8.50
 
3
88.30
7,335
 
23
8.60
 
16
56.18
5,504
 
2
14.70
 
9
61.97
10,198
 
21
8.91
 
24
46.70
8,746
 
19
9.59
 
11
60.91
1,848
 
10
11.74
 
10
61.62
6,939
 
16
10.25
 
14
58.13
11,801
 
11
11.70
 
17
53.17
4,273
 
17
9.95
 
8
69.93
7,403
 
12
11.37
 
25
42.41
13,690
 
26
8.43
 
19
51.21
1,938
 
25
8.45
 
23
48.05
4,747
 
13
11.34
 
4
88.09
9,976
 
20
9.49
 
27
42.24
5,801
 
7
12.27
 
13
58.48
8,407
 
27
8.33
 
21
50.44
5,761
 
4
13.26
 
18
52.28
1,434
 
28
7.91
 
15
56.94
644
 
8
12.26
 
2
113.73
733
 
9
12.14
 
7
73.04
9,661
Slipping States
 
22
8.62
 
40
22.98
3,321
 
1
15.49
 
32
33.38
13,709
 
30
7.51
 
49
-19.18
9,767
 
14
10.96
 
30
34.34
4,791
 
29
7.78
 
47
4.09
2,886
 
18
9.74
 
29
34.80
6,825
 
15
10.79
 
28
35.15
15,268
Gaining States
 
44
2.83
 
26
42.26
449
 
34
6.20
 
22
50.41
2,807
 
32
7.33
 
20
50.46
2,574
 
31
7.40
 
12
60.15
2,207
Lagging States
 
49
-0.83
 
48
-15.05
353
 
36
5.96
 
33
30.89
50,125
 
43
3.47
 
45
7.65
3,010
 
46
1.97
 
43
17.17
6,828
 
45
2.61
 
42
19.12
981
 
48
0.86
 
38
25.21
1,020
 
33
6.48
 
34
30.82
483
 
42
4.16
 
31
34.07
231
 
39
4.96
 
37
29.37
1,308
 
41
4.66
 
39
24.74
5,378
 
47
1.41
 
41
19.15
129
 
35
6.01
 
44
9.78
2,152
 
37
5.51
 
36
30.19
2,461
 
40
4.93
 
35
30.51
9,630
 
38
5.01
 
46
6.68
690
Undefined/Suppressed States
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
 
 
 
 
 
 
 
 
7.43
 
39.86
288,908
April 2023
REAP_PI_SA1900N_510100_LSGL
 
   
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