America’s $31T Economy, Visualized by State 🇺🇸
The $31 Trillion US Economic Engine, Broken Down by State 🇺🇸 This Visual Capitalist graphic puts the sheer size of the US economy into perspective. With national GDP hitting $31 Trillion, a handful of powerhouse states generate a massive share of total output. Quick takeaways for DIY investors: * The Big Four Heavyweights: California ($4.3T), Texas ($2.9T), New York ($2.5T), and Florida ($1.8T) make up nearly 35% of the entire national GDP. To put that in perspective, California's economy alone is larger than the entire GDP of the United Kingdom or Germany. * Regional Specialization: The US economy gets its strength from diversity, tech, and entertainment in the Far West, oil and manufacturing in the Southwest, finance in the Mideast, and agriculture across the Plains. * The "Trillion-Dollar Club": Only 6 states cross the $1T mark (CA, TX, NY, FL, IL, PA), yet they carry almost half of the country's economic output. When allocating across broad funds like $VOO or $SPY, you are effectively buying into a globally diversified mega-economy driven by these heavy-hitting regions. Which region's growth profile do you favor over the next 5–10 years? Would you add International and Emerging markets to your VOO/SPY, and how much?
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7 Comments
Dividendmoney @growthvaluedividends23 · 9h
Texas and florida for sure gonna keep growing rapidly, cali not so much
David Monroe@d0p3y71 · 2h
I like Avantis a lot! I have AVUV , AVDV and AVEM in my Roth IRA. This was a great article thank you
Wise Wolf@wisewolf · 1h
Florida is probably all tourism, oranges, Disney, cruises, and crypto/finance scams.
David Monroe@d0p3y71 · 2h
Florida and Texas are going through a massive change right now and politically speaking they may see big changes in the future. Each of these states have massive economic and political pull and I personally don’t see any of them falling away.
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