Connecticut gross domestic product grew 0.9 percent in 2013, making it the 11th slowest-growing economy in the country, the U.S. Bureau of Economic Analysis said Wednesday.
The BEA also revised data for previous years, which showed Connecticut’s economy performed more poorly in 2010 and 2011, and better in 2012.
Instead of a decline of 0.1 percent in 2012, the state’s GDP actually grew 1 percent that year, BEA said. Meanwhile, 2011’s GDP decline of 0.1 percent was revised to a decline of 0.9 percent, and 2010’s 1.2 percent growth was revised downward to 0.7 percent.
Between 2012 and 2013, the information sector contributed the most to Connecticut’s economic growth, at 0.28 percent, followed by the real estate, rental and leasing sector at 0.27 percent. The finance and insurance sector experienced the biggest decline of 0.15 percent.
Across the country, 49 states experienced GDP growth last year. Alaska was the only state to see a decline.
The fastest-growing economy was North Dakota, which grew 9.7 percent, largely on its mining and agriculture sectors.
