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24/7 Wall St. identifies the largest industry in each state

“Over the first half of this year, the U.S. economy generated slightly more than $17.9 trillion in goods and services, up $286 billion from the previous six months. The nation’s economy is driven by a wide array of industries, and every state in the country contributes billions of dollars to the national GDP.Real estate is by far the largest industry in the country and the largest contributor to the economy in most states. But since housing is a universal need irrespective of geography, it fails to illuminate regional economic differences. Apart from real estate, economic value is created in a variety of other ways state by state. In order to capture the unique economic features of each state, we did not consider real estate in our examination of industries by state. 24/7 Wall St. reviewed the largest industry in each state by GDP contribution…”

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