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A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years.
GDP per capita also varied widely throughout the United States in 2024, with New York ($117,332), Massachusetts ($110,561), and Washington (state) ($108,468) recording the three highest GDP per capita figures in the U.S., while Mississippi ($53,061), Arkansas ($60,276), and West Virginia ($60,783) recorded the three lowest GDP per capita ...
The economy of the State of California is the largest in the United States, with a $4.080 trillion gross state product (GSP) as of 2024. [1] It is the largest sub-national economy in the world. If California were a nation it would rank in terms of nominal GDP as the world's sixth largest economy , behind India ( 4.27 trillion ) and ahead of the ...
Americans have been racking up debt very rapidly in the past months. For instance, as of the second quarter of 2023, total household debt rose by $16 billion to reach $17.06 trillion in the second...
Low-debt states were primarily in the West — Utah ($18,350), New Mexico ($20,868) and California ($21,125). The share of graduates with debt ranged from 39% in Utah to 73% in South Dakota ...
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English: The map above shows the Nominal GDP (at current prices) per capita of each U.S. state and the District of Columbia as of the latest full-year official estimates, which are currently the U.S. Bureau of Economic Statistics' Annual 2021 GDP data and the U.S. Census Bureau's 2021 Vintage Population Estimates.
The current debt ceiling was approved in December 2021 on a party line vote. It passed after months of political wrangling, and only because Senate Republican Leader Mitch McConnell agreed to ...