Five states Post Negative GDP in 2Q2026 and Seven Under 1.0%

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According to today’s release of 2Q2026 state GDP from the US Bureau of Economic Analysis, there was a wide disparity in growth rates across the 50 states. Five states posted negative real GDP growth in the quarter, led by West Virginia (-2.3%) and Wyoming (-1.6%). Three other states, North Dakota, Kansas and Nebraska saw modestly negative GDP growth in the quarter. The bulk of West Virginia’s decline was the result of a significant drop in mining/oil & gas extraction. This sector also dragged down Wyoming and North Dakota’s GDP growth, but both states were also negatively impacted by a drop in transportation and warehousing activity. The agriculture sector pushed Kansas and Nebraska’s growth into negative territory. On the other end of the spectrum, New York led the pack at +4.0%, followed by South Carolina and Delaware (+3.5%), Utah and Minnesota (3.4%) and Georgia (+3.1%). New York, Delaware, and Utah benefited from strong gains in the FIRE sectors, while South Carolina and Minnesota saw growth in durables. Georgia also enjoyed a boost from the information sector, but its GDP growth was well distributed across other sectors as well. The below exhibit is reproduced from the USBEA press release. 


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