West Virginia GDP Ranking

By: The Associated Press Email
By: The Associated Press Email

CHARLESTON, W.Va. (AP) - New federal data shows West Virginia's economy ranks as the second smallest in the country.

U-S Bureau of Economic Analysis figures released today show the state's economy generated 24-thousand-748 dollars worth of goods and services per person in 2006. That ranks ahead of only Mississippi, with just over 24-thousand per person.

Delaware was number one, with per capita gross domestic product of more than 59-thousand dollars last year.

Still, West Virginia's economy did grow last year. G-D-P -- which is a measure of the market value of all final goods and services produced in the state -- grew zero-point-six percent in 2006. The economy grew three-point-two percent in 2004 and one-point-seven percent in 2005.

Coal was booming in 2004 and 2005 and last year's slowdown came as production began declining. West Virginia University economist George Hammond says coal remains a key part of the state's economy, even though its contribution often gets glossed over.

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