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U.S. state has world’s 4th-largest economy; where does Ohio rank?
USA Today reports the state had a nominal gross domestic product of $4.1 trillion in 2024, easily leading the U.S. and now passing Japan ($4.02 trillion) as the fourth-largest economy in the world. The data is from the International Monetary Fund and U.S. Bureau of Economic Analysis.
Far from being a true measure of economic health, GDP is a misleading economic statistic that implies consumer and government spending grow the economy. When ...
A tweak to the model for GDPNow addresses concern that researchers’ current system may be painting too grim a picture.
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