The Edmond Sun

State News

June 6, 2012

Oklahoma's GDP increase in 2011 is one of 43 states that rose

TULSA — Oklahoma was among 43 states and the District of Columbia that recorded an increase in real gross domestic product in 2011, the U.S. Bureau of Economic Analysis reported Tuesday.

The state's real GDP growth of 1 percent last year resulted in a No. 29 ranking nationwide compared to a revised No. 37 ranking based on 2 percent growth in 2010.

Oklahoma posted a real GDP of $134.1 billion last year, up from a revised $132.8 billion in 2010, according to the bureau.

“Oklahoma was in the middle of the pack in … growth, and the leading contributors were durable-goods manufacturing and wholesale trade,” said Clifford Woodruff, an economist with the bureau.

Gross domestic product measures the value of all goods and services produced, providing a broad measure of economic growth. Real GDP is an inflation-adjusted measure of each state's GDP that is based on national prices for the goods and services produced within that state.

U.S. real GDP by state grew 1.5 percent last year after a 3.1 percent increase in 2010. Durable-goods manufacturing was the largest contributor to U.S. real GDP by state growth, increasing 7.9 percent last year after increasing 17.0 percent in 2010, according to the report.

It also was the leading contributor to real GDP growth in the state, followed by wholesale trade, health care and social aid and then mining.

Even though mining was not a major contributor to real GDP growth for the nation, it was a large contributor in several states, including North Dakota — the fastest-growing state with a real GDP growth of 7.6 percent.

Oklahoma's per capita real GDP was $35,381 in 2011, up from $35,313 in 2010. Per capita real GDP ranged from a high of $63,159 in Delaware to a low of $28,293 in Mississippi, according to the BEA.

Text Only
State News
  • Mom delivers baby during tornado.jpg Mom delivered baby as tornado struck

    Shayla Taylor’s second child was moments from birth as an EF-5 tornado bore down on Moore Medical Center on Monday afternoon.
    Her labor was too far along to move her to safety with the rest of those in the hospital, her nurses decided. So as her husband, Jerome, and their 4-year-old son, Shaiden, went downstairs with the others, she and four nurses stayed upstairs and braced for the worst.

    May 23, 2013 1 Photo

  • Moore residents return.jpg Storm-weary residents return to their homes

    Digging through the rubble of an unrecognizable city, people in this Oklahoma City suburb found familiar pieces of life before Monday’s tornado.
    Work crews recovered a dresser that belonged to Rachel Hernandez from the remains of her home near Southeast Fourth Street and Bryant Avenue. Inside was a treasured photo of her grandmother at age 17.
    “I had an entire collection of family photos in that dresser,” said Hernandez, who also salvaged a German antique pot, as well as some mementoes she didn’t recognize.

    May 23, 2013 1 Photo

  • import 1.jpg AUDIO: Residents share their tornado experiences

    Moore, Okla., residents talk about living through Monday's EF-5 tornado.

    May 23, 2013 1 Photo

  • Norman-Tornado08.jpg Photos: Aftermath of massive tornado in Moore Storm victims were pulled from the rubble and residents began surveying the damage late Monday and early Tuesday in the Oklahoma City suburb of Moore, where a powerful tornado destroyed entire neighborhoods and left dozens dead.

    May 21, 2013

  • screenshot obama.jpg VIDEO: Pres. Obama's remarks on the Okla. tornado

    President Obama speaks on Monday's deadly Okla. tornado.

    May 21, 2013 1 Photo

  • Norman Transcript.jpg Okla. front pages capture tornado aftermath View how several Oklahoma newspapers covered Monday's massive tornado in Moore. Please note that officials revised the death toll downward early Tuesday morning after some papers were printed, but it is expected to climb again as recovery efforts continue.

    May 21, 2013

  • dog-found.jpg VIDEO: Tornado survivor's missing dog found during TV interview

    Barbara Garcia was being interviewed by CBS News about how she survived the destruction of her home to Monday's massive tornado in Moore, when the dog she feared dead was suddenly discovered alive in the rubble of her home.

    May 21, 2013 1 Photo

  • Screen shot 2013-05-20 at 3.26.34 PM.png LIVE: Tornado on the ground south of Oklahoma City

    Watch live coverage as a tornado crawls across the Oklahoma City Metropolitan area.

    May 20, 2013 1 Photo

  • Harold_Newland At 81, Oklahoma alumnus finally attends graduation

    Harold Newland, 81, participated in commencement at the University of Oklahoma on Friday and got a new copy of the accounting degree he earned nearly 55 years ago. Newland missed graduation after earning the degree and has thought of returning to Norman ever since.

    May 13, 2013 1 Photo

  • Oklahoma State Senate approves changes to A-F school grading system

    The full Senate voted to improve and reform Oklahoma’s A-F grades for public schools. Sen. Clark Jolley, the original author of the A-F legislation, said the idea was to help parents more easily understand how their children’s schools were doing.

    April 30, 2013