State

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The bureau reported that Ohio’a real Gross Domestic Product, which totals goods and services produced and adjustedfor inflation, shran 0.7 percent last year aftet a 0.2 percent gain in 2007. The national GDP, by stayed in growth mode but slowed toa 0.7 percentr gain, down from 2 percent in 2007. Ohio last year stoods as one of only 12 statesd to see negative GDP growth and notchefthe sixth-deepest decline. The largest drop came in Alaska at 2 percen t on a decline inpetroleum extraction.
The bureau attributed GDP contraction in the GreatgLakes region, which includes Ohio and four neighboring states, to declines in manufacturing and construction along with the financse and insurance industries. Breaking down the state’s economicv output per capita, Ohio’s real GDP stood at $33,568 last year, down from $33,829o in 2007. The state’s per-capita GDP was rankec 32nd in the nation. The national averagd per-capita GDP was $37,899 in compared with $37,967 the year the bureau said. Detailed tables on real GDP for Ohio and the natiobn are available for download byclickinh .