The Fastest-Growing Industry in Every State

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Investor at his desk
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Editor's Note: This story originally appeared on Filterbuy.

Economic pundits are increasingly predicting that the U.S. is headed toward recession — if the economy is not in one already. Unemployment remains at historic lows, but heightened inflation over the last year has increased the cost of nearly everything for businesses and consumers alike. With the U.S. Federal Reserve hiking interest rates to slow inflation, most experts forecast slower or negative GDP growth this year.

A potential recession could mark the end of a decade-plus of upward GDP growth. In the Great Recession, GDP bottomed out at $18.4 trillion in the second quarter of 2009. Since then, inflation-adjusted GDP has grown by more than 30% overall to $23.9 trillion, even after the COVID-19 pandemic.

One factor in the U.S. economy’s strong growth in recent years, even in the wake of the pandemic, has been an explosion of activity in the information sector. Powered by a wave of tech and media startups and continued growth among established players like Apple, Amazon, and Google, the industry has experienced 50% growth over the last five years and now is responsible for $1.3 trillion of GDP annually.

But each state’s economy looks different in terms of growth trajectory and key industries. A total of 48 states have experienced GDP growth over the last five years, and the industries leading that growth varies substantially across locations.

Filterbuy analyzed data from the U.S. Bureau of Economic Analysis’ Gross Domestic Product data. Researchers looked at industries with the greatest change between 2016 and 2021, and all data was adjusted for inflation to 2021 dollars.

Here are the fastest-growing industries in every state.

Alabama

Montgomery Alabama
Kevin Ruck / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +34.9%
  • Industry-specific total change in real GDP: +$1,969,566,123
  • State percentage change in real GDP: +7.1%
  • State total change in real GDP: +$14,185,899,189

Alaska

Anchorage, Alaska
Rex Lisman / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +11.0%
  • Industry-specific total change in real GDP: +$47,440,421
  • State percentage change in real GDP: -7.7%
  • State total change in real GDP: -$4,121,371,408

Arizona

Scottsdale Arizona
Tim Roberts Photography / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +55.6%
  • Industry-specific total change in real GDP: +$8,128,206,352
  • State percentage change in real GDP: +18.6%
  • State total change in real GDP: +$58,344,316,639

Arkansas

Little Rock, Arkansas
Henryk Sadura / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +42.4%
  • Industry-specific total change in real GDP: +$2,788,671,704
  • State percentage change in real GDP: +8.0%
  • State total change in real GDP: +$9,697,380,175

California

Thousand Oaks, California
trekandshoot / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +67.5%
  • Industry-specific total change in real GDP: +$212,601,880,757
  • State percentage change in real GDP: +22.3%
  • State total change in real GDP: +$588,186,359,173

Colorado

Denver Colorado
Kevin Ruck / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +58.9%
  • Industry-specific total change in real GDP: +$4,573,814,707
  • State percentage change in real GDP: +15.9%
  • State total change in real GDP: +$55,396,337,332

Connecticut

Hartford, Connecticut
Sean Pavone / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +31.7%
  • Industry-specific total change in real GDP: +$6,116,053,048
  • State percentage change in real GDP: +3.8%
  • State total change in real GDP: +$10,075,811,564

Delaware

Wilmington, Delaware
Paul Brady Photography / Shutterstock.com
  • Industry: Administrative and support and waste management and remediation services
  • Industry-specific percentage change in real GDP: +32.9%
  • Industry-specific total change in real GDP: +$590,153,984
  • State percentage change in real GDP: +5.5%
  • State total change in real GDP: +$3,734,689,511

Florida

Pompano Beach Florida
PAG Photos and Designs / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +51.5%
  • Industry-specific total change in real GDP: +$9,485,414,918
  • State percentage change in real GDP: +17.7%
  • State total change in real GDP: +$170,879,789,787

Georgia

Macon, Georgia
Sean Pavone / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +70.0%
  • Industry-specific total change in real GDP: +$8,731,949,408
  • State percentage change in real GDP: +14.1%
  • State total change in real GDP: +$77,870,963,786

Hawaii

Honolulu, Hawaii
MNStudio / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +30.7%
  • Industry-specific total change in real GDP: +$747,520,291
  • State percentage change in real GDP: -1.6%
  • State total change in real GDP: -$1,167,689,544

Idaho

Idaho
Charles Knowles / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +88.8%
  • Industry-specific total change in real GDP: +$644,024,948
  • State percentage change in real GDP: +22.3%
  • State total change in real GDP: +$15,459,753,358

Illinois

Cook County Illinois
Nina Alizada / Shutterstock.com
  • Industry: Agriculture, forestry, fishing, and hunting
  • Industry-specific percentage change in real GDP: +48.1%
  • Industry-specific total change in real GDP: +$4,594,076,984
  • State percentage change in real GDP: +4.9%
  • State total change in real GDP: +$40,880,175,161

Indiana

Indianapolis, Indiana
Alexey Stiop / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +31.2%
  • Industry-specific total change in real GDP: +$1,744,254,456
  • State percentage change in real GDP: +10.8%
  • State total change in real GDP: +$38,618,807,983

Iowa

Dubuque, Iowa
Joseph Sohm / Shutterstock.com
  • Industry: Agriculture, forestry, fishing, and hunting
  • Industry-specific percentage change in real GDP: +64.0%
  • Industry-specific total change in real GDP: +$7,986,006,420
  • State percentage change in real GDP: +6.0%
  • State total change in real GDP: +$11,087,954,766

Kansas

Tulsa Oklahoma
Sean Pavone / Shutterstock.com
  • Industry: Administrative and support and waste management and remediation services
  • Industry-specific percentage change in real GDP: +29.4%
  • Industry-specific total change in real GDP: +$1,519,670,775
  • State percentage change in real GDP: +5.6%
  • State total change in real GDP: +$9,373,669,067

Kentucky

Frankfort Kentucky
Real Window Creative / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +24.7%
  • Industry-specific total change in real GDP: +$820,440,222
  • State percentage change in real GDP: +7.3%
  • State total change in real GDP: +$14,340,110,890

Louisiana

Louisiana Capitol building in Baton Rouge
Fang Deng / Shutterstock.com
  • Industry: Administrative and support and waste management and remediation services
  • Industry-specific percentage change in real GDP: +23.4%
  • Industry-specific total change in real GDP: +$1,564,684,576
  • State percentage change in real GDP: +0.3%
  • State total change in real GDP: +$854,898,226

Maine

Portland, Maine
Sean Pavone / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +82.7%
  • Industry-specific total change in real GDP: +$1,137,478,125
  • State percentage change in real GDP: +13.6%
  • State total change in real GDP: +$7,997,168,872

Maryland

Baltimore, Maryland
Hethers / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +36.4%
  • Industry-specific total change in real GDP: +$1,823,240,937
  • State percentage change in real GDP: +0.1%
  • State total change in real GDP: +$444,192,791

Massachusetts

Worcester, Massachusetts
Sean Pavone / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +61.9%
  • Industry-specific total change in real GDP: +$21,405,821,675
  • State percentage change in real GDP: +15.5%
  • State total change in real GDP: +$80,866,626,176

Michigan

Wayne County Michigan
Sean Pavone / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +41.3%
  • Industry-specific total change in real GDP: +$5,019,827,463
  • State percentage change in real GDP: +6.6%
  • State total change in real GDP: +$32,960,900,791

Minnesota

Duluth, Minnesota
welcomia / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +35.7%
  • Industry-specific total change in real GDP: +$5,482,705,228
  • State percentage change in real GDP: +8.2%
  • State total change in real GDP: +$29,372,293,804

Mississippi

Baton Rouge Louisiana
CrackerClips Stock Media / Shutterstock.com
  • Industry: Agriculture, forestry, fishing, and hunting
  • Industry-specific percentage change in real GDP: +33.7%
  • Industry-specific total change in real GDP: +$943,227,194
  • State percentage change in real GDP: +5.1%
  • State total change in real GDP: +$5,213,835,732

Missouri

St. Charles Missouri
Rob Neville Photos / Shutterstock.com
  • Industry: Agriculture, forestry, fishing, and hunting
  • Industry-specific percentage change in real GDP: +57.6%
  • Industry-specific total change in real GDP: +$2,909,517,380
  • State percentage change in real GDP: +7.4%
  • State total change in real GDP: +$22,193,866,520

Montana

Missoula, Montana
Jon Bilous / Shutterstock.com
  • Industry: Mining, quarrying, and oil and gas extraction
  • Industry-specific percentage change in real GDP: +41.6%
  • Industry-specific total change in real GDP: +$964,338,788
  • State percentage change in real GDP: +11.0%
  • State total change in real GDP: +$5,156,567,500

Nebraska

Scottsbluff Nebraska
marekuliasz / Shutterstock.com
  • Industry: Mining, quarrying, and oil and gas extraction
  • Industry-specific percentage change in real GDP: +43.1%
  • Industry-specific total change in real GDP: +$78,865,150
  • State percentage change in real GDP: +8.3%
  • State total change in real GDP: +$10,177,365,611

Nevada

Las Vegas homes
trekandshoot / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +57.5%
  • Industry-specific total change in real GDP: +$3,149,388,767
  • State percentage change in real GDP: +13.5%
  • State total change in real GDP: +$20,733,769,266

New Hampshire

Manchester, New Hampshire
Sean Pavone / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +189.8%
  • Industry-specific total change in real GDP: +$2,649,141,054
  • State percentage change in real GDP: +15.5%
  • State total change in real GDP: +$12,415,558,568

New Jersey

Jersey City, New Jersey
f11photo / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +37.3%
  • Industry-specific total change in real GDP: +$12,149,965,009
  • State percentage change in real GDP: +8.3%
  • State total change in real GDP: +$48,318,736,109

New Mexico

Santa Fe, New Mexico
Sean Pavone / Shutterstock.com
  • Industry: Mining, quarrying, and oil and gas extraction
  • Industry-specific percentage change in real GDP: +64.6%
  • Industry-specific total change in real GDP: +$7,113,636,530
  • State percentage change in real GDP: +10.7%
  • State total change in real GDP: +$8,918,192,493

New York

THONGCHAI.S / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +53.2%
  • Industry-specific total change in real GDP: +$84,349,432,531
  • State percentage change in real GDP: +8.4%
  • State total change in real GDP: +$127,848,537,327

North Carolina

Hendersonville, North Carolina
Jacob Boomsma / Shutterstock.com
  • Industry: Professional, scientific, and technical services
  • Industry-specific percentage change in real GDP: +42.4%
  • Industry-specific total change in real GDP: +$16,001,496,273
  • State percentage change in real GDP: +12.3%
  • State total change in real GDP: +$63,621,608,484

North Dakota

Fargo, North Dakota
Jacob Boomsma / Shutterstock.com
  • Industry: Mining, quarrying, and oil and gas extraction
  • Industry-specific percentage change in real GDP: +57.5%
  • Industry-specific total change in real GDP: +$5,422,403,721
  • State percentage change in real GDP: +5.5%
  • State total change in real GDP: +$3,152,664,704

Ohio

Akron, Ohio
Sean Pavone / Shutterstock.com
  • Industry: Agriculture, forestry, fishing, and hunting
  • Industry-specific percentage change in real GDP: +65.6%
  • Industry-specific total change in real GDP: +$2,819,853,771
  • State percentage change in real GDP: +6.8%
  • State total change in real GDP: +$43,141,421,008

Oklahoma

Oklahoma City skyline
Natalia Bratslavsky / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +43.7%
  • Industry-specific total change in real GDP: +$1,224,836,445
  • State percentage change in real GDP: +2.9%
  • State total change in real GDP: +$5,897,657,248

Oregon

Portland, Oregon waterfront
Josemaria Toscano / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +62.8%
  • Industry-specific total change in real GDP: +$6,093,485,482
  • State percentage change in real GDP: +14.9%
  • State total change in real GDP: +$31,764,819,793

Pennsylvania

Pittsburgh, Pennsylvania
Sean Pavone / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +29.3%
  • Industry-specific total change in real GDP: +$8,108,429,399
  • State percentage change in real GDP: +6.2%
  • State total change in real GDP: +$46,745,073,039

Rhode Island

Providence, Rhode Island
Sean Pavone / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +51.6%
  • Industry-specific total change in real GDP: +$1,277,736,761
  • State percentage change in real GDP: +4.8%
  • State total change in real GDP: +$2,677,047,184

South Carolina

Spartanburg, South Carolina
Kevin Ruck / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +70.9%
  • Industry-specific total change in real GDP: +$5,267,585,365
  • State percentage change in real GDP: +13.3%
  • State total change in real GDP: +$27,467,397,104

South Dakota

Rapid City, South Dakota
Sopotnicki / Shutterstock.com
  • Industry: Mining, quarrying, and oil and gas extraction
  • Industry-specific percentage change in real GDP: +44.8%
  • Industry-specific total change in real GDP: +$91,483,574
  • State percentage change in real GDP: +5.0%
  • State total change in real GDP: +$2,518,467,567

Tennessee

Knoxville, Tennessee
Kevin Ruck / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +50.2%
  • Industry-specific total change in real GDP: +$3,723,163,066
  • State percentage change in real GDP: +13.5%
  • State total change in real GDP: +$45,992,942,170

Texas

Beaumont, Texas
Jacob Boomsma / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +77.2%
  • Industry-specific total change in real GDP: +$18,991,820,099
  • State percentage change in real GDP: +17.0%
  • State total change in real GDP: +$303,060,571,800

Utah

Salt Lake City, Utah
Joe Guetzloff / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +75.6%
  • Industry-specific total change in real GDP: +$7,300,850,263
  • State percentage change in real GDP: +25.5%
  • State total change in real GDP: +$40,975,783,989

Vermont

Lake Memphremagog in Newport, Vermont
NEKVT / Shutterstock.com
  • Industry: Administrative and support and waste management and remediation services
  • Industry-specific percentage change in real GDP: +30.1%
  • Industry-specific total change in real GDP: +$275,421,370
  • State percentage change in real GDP: +2.1%
  • State total change in real GDP: +$638,686,384

Virginia

Richmond, Virginia
ESB Professional / Shutterstock.com
  • Industry: Agriculture, forestry, fishing, and hunting
  • Industry-specific percentage change in real GDP: +40.5%
  • Industry-specific total change in real GDP: +$925,391,537
  • State percentage change in real GDP: +9.1%
  • State total change in real GDP: +$42,094,698,471

Washington

Bellevue, Washington
mandritoiu / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +110.4%
  • Industry-specific total change in real GDP: +$82,197,384,584
  • State percentage change in real GDP: +27.5%
  • State total change in real GDP: +$135,583,267,246

West Virginia

Charleston, West Virginia
Sean Pavone / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +42.7%
  • Industry-specific total change in real GDP: +$347,127,991
  • State percentage change in real GDP: +3.8%
  • State total change in real GDP: +$2,750,695,101

Wisconsin

Milwaukee, Wisconsin
Rudy Balasko / Shutterstock.com
  • Industry: Information
  • Industry-specific percentage change in real GDP: +36.8%
  • Industry-specific total change in real GDP: +$5,279,475,803
  • State percentage change in real GDP: +5.3%
  • State total change in real GDP: +$16,855,787,844

Wyoming

Wyoming oil rigs
Jim Parkin / Shutterstock.com
  • Industry: Management of companies and enterprises
  • Industry-specific percentage change in real GDP: +150.0%
  • Industry-specific total change in real GDP: +$213,178,567
  • State percentage change in real GDP: +0.3%
  • State total change in real GDP: +$112,837,830

Methodology

A young woman reading carefully on her laptop
Rawpixel.com / Shutterstock.com

The data used in this analysis is from the U.S. Bureau of Economic Analysis’s Gross Domestic Product data. To determine the fastest growing industry in every state, researchers identified the industry with the greatest change in real GDP between Q4 2016 and Q4 2021. All data was inflation-adjusted to Q4 2021 dollars. Only industries with complete data at the state level were considered in this analysis.