Following the BEA release today of US state Gross Domestic Product (GDP) data for 2014, I was able to update the map above, which appeared on CD a year ago using 2013 data.The map above was created by matching economic output in US states in 2014 to foreign countries with comparable nominal GDPs, using BEA data for GDP by US state and GDP by country from the International Monetary Fund, via Wikipedia here. For each US state (and the District of Columbia), I tried to find the country closest in economic size in 2014 (measured by nominal GDP), and for …read more
Source: American Enterprise Institute for Public Policy Research
