NM has fourth-worst GDP growth rate in U.S.
New Mexico's gross domestic product grew by 1.7 percent in the third quarter of 2017, but that was the fourth-worst growth rate among the states, the U.S. Bureau of Economic Analysis said Wednesday.
The state's GDP grew by $724 million to $97.8 billion, but again, the 1.7 percent growth rate was one of the worst in the nation.
Only three states had lower growth rates: Hawaii, 1.3 percent; Louisiana, 1.1 percent; and South Dakota, 0.5 percent.
GDP growth in surrounding states dwarfed New Mexico's. Here's a look:
Arizona: +$3.6 billion; +2.9%
Colorado: +$4.9 billion; +3.7%
Nevada: $1.9 billion; +3.3%
New Mexico: +$724 million; +1.7%
Oklahoma: +$2.3 billion; +2.8 percent
Texas: +$21.8 billion; +5%
Utah: +$2.4 billion; +3.9%