Post Tagged with: "GDP"

Report: South Dakota #9 in GDP Growth

Report: South Dakota #9 in GDP Growth

South Dakota was ranked the 9th fastest growing economy in Gross Domestic Product (GDP) growth last year, according to a new state-by-state report released by the U.S. Department of Commerce. South Dakota’s GDP totaled slightly over $40.1 billion in 2011, an increase of nearly 5 percent.

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National Debt Now Eclipses GDP

National Debt Now Eclipses GDP

The national debt to GDP ratio is now over 100 percent. It’s official now. Since the beginning of the year, the national debt has grown by $265.58 billion, or about $4.42 billion every day, to $15.488 trillion. That compares with an economy that is probably only growing by about $1.66 billion a day to a current level of about $15.420 trillion.

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