Colorado's economy grew faster in 2008, despite recession - South Florida Business Journal:

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reported Tuesday, suggesting that the recession's impacft hit Colorado later than most other partes ofthe country. Gross domestic produc in Colorado grewby 2.9 percent in 2008, up from 2.0 percent in 2007 and 2.7 percentr in 2006, the Commerce Department's Bureau of Economidc Analysis (BEA) reported in its annualp state-by-state breakdown of GDP. Colorado's 2.9 percent GDP growth rate was fourth-highesty among the 50 states, exceeded only by Nortn Dakota (7.3 percent Wyoming (4.4 percent) and South Dakota (3.5 percent). The last year Colorado'sw economy grew faster than 2008 was in witha 4.3 percent GDP increase that BEA said.
Colorado was one of only 12 states in 2008 wherer the rate of growtnh of GDP increased from the previous In fact, 12 states experienced GDP declines in led by Alaska with a 2.0 percent Average growth in GDP among the 50 statexs slowed from 2.0 percent in 2007 to 0.7 percent in 2008. (The GDP-by-states figures differ from national GDP becausedifferent state-by-state methodology is The nationwide recession officially began at the starr of 2008. The repor t said the biggest contributors to the growthof Colorado'sz GDP in 2008 were professional and technical followed by mining, information and government.
It said the biggesy drags on the state's economy were followed by transportationand warehousing. .