Connecticut’s economy shrank in 2017 for the second consecutive year, federal officials said.
The state’s real GDP, which is adjusted for inflation, declined 0.2 percent last year, ranking it 49th among states, according to the U.S. Bureau of Economic Analysis. That follows a drop of 0.3 percent in 2016, according to BEA data.
Only three states saw their GDP shrink in 2017.  BEA said Connecticut ranked just behind Louisiana in economic growth. The drop came despite a strong fourth quarter, in which the state’s $265.9 billion economy increased by 2.4 percent.
Connecticut’s economy most recently grew in 2015, when GDP rose 1.1 percent.
Last year, Washington state led the nation in GDP growth of 4.4 percent.
United States GDP grew to $19.62 trillion during last year’s fourth quarter, up 2.7 percent. Meanwhile, economies grew in 47 states, including the District of Columbia, during the fourth quarter.
