The Latest State Industry Statistics Explained
In 2021, Florida topped the list of states with the largest economies in the United States, with a Gross State Product (GSP) of over $1.1 trillion.
The statistic stating that Florida topped the list of states with the largest economies in the United States in 2021, with a Gross State Product (GSP) exceeding $1.1 trillion, indicates the significant economic output and impact of the state. This statistic reflects Florida’s diverse and thriving economy, driven by key sectors such as tourism, real estate, agriculture, and technology. Surpassing the $1 trillion mark underscores Florida’s economic importance on a national scale, highlighting its role as a major contributor to the overall growth and prosperity of the United States. The strong performance of Florida’s economy in 2021 positions the state as a key player in driving the country’s economic recovery and further solidifies its position as a powerhouse in the nation’s economic landscape.
Texas has the largest petroleum refining industry by state in the U.S., hosting over 30 of about 135 refineries in the country.
The statistic indicates that Texas is the leading state in the United States in terms of hosting the largest petroleum refining industry. With more than 30 refineries, out of approximately 135 in the country, Texas plays a significant role in the refining sector. This statistic highlights the concentration of refining activities in Texas, showcasing the state’s importance in meeting the nation’s demand for petroleum products. The presence of a large number of refineries in Texas signifies the state’s competitive advantage in the industry, contributing to job creation, economic growth, and energy security at both the state and national levels.
80% of the iron and steel industry in the U.S are located in the Midwest region.
The statistic that 80% of the iron and steel industry in the U.S is located in the Midwest region indicates a concentrated geographical distribution of this sector within the country. This high percentage suggests that the Midwest region is a significant hub for iron and steel production, with the majority of manufacturing facilities operating in this area. Factors such as access to raw materials, transportation networks, skilled labor, and historical industry presence may contribute to the predominance of the iron and steel industry in the Midwest. Understanding this concentration can be valuable for policymakers, stakeholders, and investors in assessing the regional economic impact, supply chain logistics, and potential vulnerabilities or opportunities within the iron and steel sector in the U.S.
In 2019, Alabama was ranked the number one state in the U.S for car and light truck production.
The statistic that in 2019, Alabama was ranked the number one state in the U.S for car and light truck production indicates that Alabama had the highest level of manufacturing output in terms of vehicles among all states in that year. This ranking reflects the significant contribution of car and light truck production to the state’s economy and employment. Factors such as the presence of major automotive manufacturers, a favorable business environment, skilled workforce, and infrastructure support likely played key roles in Alabama attaining this top position. This statistic presents Alabama as a primary hub for automotive manufacturing within the United States for the year 2019.
New York State has the greatest number of fashion designers in the U.S with more than 7,000.
The statistic that New York State has the greatest number of fashion designers in the U.S with more than 7,000 highlights the significant concentration of creative talent within the state’s fashion industry. This statistic underscores New York’s status as a global fashion capital, attracting designers from diverse backgrounds to showcase and innovate within the vibrant fashion scene. The large number of fashion designers in New York also signifies a robust ecosystem that supports the growth and success of the industry, with opportunities for collaboration, networking, and exposure to global markets. Overall, this statistic showcases New York State’s position as a leading hub for creativity and innovation within the fashion world.
California leads the U.S in terms of the number of clean energy jobs, with about 500,000.
The statistic that California leads the U.S in terms of the number of clean energy jobs, with about 500,000, suggests that the state has a significant presence in the clean energy industry compared to other states in the country. This figure highlights California’s commitment to promoting renewable energy sources and sustainability, as clean energy jobs are typically associated with sectors such as solar, wind, and energy efficiency. The substantial number of clean energy jobs in California not only indicates a growing industry within the state but also reflects the potential for economic growth, innovation, and environmental impact mitigation through the transition to cleaner energy sources.
The state of Washington topped U.S aerospace manufacturing in 2019, with an estimated economic impact of $70 billion.
In 2019, the state of Washington led the United States in aerospace manufacturing, generating an estimated economic impact of $70 billion. This statistic likely reflects the significant presence of aerospace companies such as Boeing in the state, as well as the overall strength of the aerospace industry in Washington. The $70 billion economic impact encompasses various aspects of the aerospace manufacturing sector, including production, employment, exports, and innovation. This statistic highlights the vital role that aerospace manufacturing plays in Washington’s economy and underscores the state’s position as a key player in the aerospace industry on a national level.
As of 2019, Texas was the leading state in wind energy production, generating about 28% of all wind energy in the U.S.
As of 2019, Texas held the distinction of being the primary state in wind energy production within the United States, with approximately 28% of the total wind energy generated nationwide originating within its borders. This statistic underscores Texas’ significant contribution to renewable energy production, highlighting the state’s vast wind energy resources and substantial investment in wind infrastructure. The state’s leadership in wind energy underscores the potential for further growth in the sector, as well as the importance of Texas in driving the larger shift towards clean and sustainable energy sources in the country.
The film industry in Georgia has an annual economic impact of more than $9.5 billion.
The statistic that the film industry in Georgia has an annual economic impact of more than $9.5 billion highlights the significant contribution of this sector to the state’s overall economy. This figure encompasses various aspects of the industry, including film production, post-production, and related services, such as catering, transport, and accommodation. The substantial economic impact indicates the industry’s role in generating employment opportunities, driving consumer spending, and attracting investments to Georgia. Moreover, the statistic suggests that the state has successfully positioned itself as a desirable location for filming, benefiting from tax incentives and a skilled workforce. Overall, the $9.5 billion economic impact underscores the importance of the film industry as a key driver of economic growth and development in Georgia.
Pennsylvania leads in snack food production, with a revenue of over $5.1 billion in 2018.
The statistic stating that Pennsylvania leads in snack food production with a revenue of over $5.1 billion in 2018 highlights the significant economic contribution of the snack food industry in the state. This figure indicates that Pennsylvania has a strong presence in the snack food market, which not only supports local businesses but also creates job opportunities and boosts the overall economy. The high revenue generated by the snack food industry in Pennsylvania underscores the state’s expertise and capability in producing and selling snack foods. Additionally, it suggests that Pennsylvania is a key player in the food manufacturing sector, further solidifying its role in the larger food industry landscape.
Texas topped the U.S states in energy production, producing 41% of the nation’s oil and 25% of its natural gas in 2021.
The statistic indicates that in 2021, Texas led all U.S. states in energy production, accounting for 41% of the nation’s oil and 25% of its natural gas. This highlights the significant role that Texas plays in the energy sector within the United States, contributing a large portion of the country’s overall energy output. The state’s dominance in oil and natural gas production underscores its importance in meeting the energy needs of the nation and its influence on the energy market. Texas’s strong performance in energy production not only impacts its own economy but also has broader implications for national energy security and supply.
California led the U.S in agricultural receipts in 2019, with its $50 billion in revenue more than double that of the second-place state, Iowa.
The statistic provided suggests that California generated the highest agricultural revenue in the United States in 2019, amounting to $50 billion. This figure is particularly noteworthy as it significantly outpaced the second-highest revenue-generating state, Iowa, whose agricultural receipts were less than half of California’s. The data highlights California’s crucial role in the national agricultural sector, as the state’s diverse range of crops and agricultural products contribute substantially to the overall industry. The statistic underscores California’s dominant position in the U.S. agricultural landscape, showcasing the state’s economic significance and influence in this sector.
Washington State ranks first in the U.S for its production of apples, having harvested over 6 billion pounds of the fruit in 2019.
The statistic that Washington State ranks first in the U.S for apple production, harvesting over 6 billion pounds of the fruit in 2019, highlights the significant contribution of the state to the apple industry. This statistic indicates that Washington State is a major player in the agricultural sector and has a strong influence on the national supply of apples. The high production volume also suggests that the state has favorable climate conditions and infrastructure to support such extensive cultivation. Furthermore, being the top producer reflects the economic importance of apple farming in Washington State, as it not only generates substantial revenue for local farmers but also supports jobs and the overall economy.
In 2021, Wyoming was the United States’ largest coal producer, accounting for 39% of the country’s annual coal production.
In 2021, the state of Wyoming emerged as the leading coal producer in the United States, contributing to 39% of the nation’s total annual coal production. This statistic indicates that Wyoming played a significant role in supplying coal to meet both domestic and international energy demands. The state’s dominance in coal production suggests a strong presence in the coal mining industry and underscores its economic importance within the energy sector. Additionally, being the largest coal producer in the country implies that Wyoming likely has substantial coal reserves and a well-established infrastructure for coal mining and transportation.
In 2020, North Carolina ranked first in the U.S for its production of tobacco, producing over 331 million pounds of the crop.
In 2020, North Carolina held the top position in the United States for its production of tobacco, surpassing all other states by producing over 331 million pounds of the crop. This statistic indicates that North Carolina is a significant contributor to the national tobacco industry, playing a leading role in the production of this agricultural commodity. The state’s high ranking highlights its prominence in this sector, showcasing its capability to cultivate and harvest substantial quantities of tobacco compared to other states in the country. The production volume of over 331 million pounds underscores North Carolina’s importance in providing tobacco for domestic consumption and potentially for export, demonstrating its economic significance in the agriculture and tobacco industries.
References
0. – https://www.www.statista.com
1. – https://www.www.awea.org
2. – https://www.choosewashingtonstate.com
3. – https://www.www.georgia.org
4. – https://www.www.eia.gov
5. – https://www.businessviewmagazine.com
6. – https://www.agr.wa.gov
7. – https://www.comptroller.texas.gov
8. – https://www.www.e2.org
9. – https://www.www.bts.gov
10. – https://www.fortune.com
11. – https://www.www.tradeandindustrydev.com
