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Yes, I'm pretty sure it is. I just double checked the calculation using the 2018 Census estimate for Louisiana and the 2nd quarter GDP figures from the OP:
Louisiana - $263,094,000,000 GDP ÷ 4,659,978 estimated population in 2018 = $56,458 per capita GDP
Here are the per capita amounts using the July 1, 2018 population estimates.
$207,097 - District of Columbia
$88,409 - New York
$85,856 - Massachusetts
$79,592 - Connecticut
$79,146 - Washington
$78,968 - California
$77,769 - Delaware
$75,254 - Alaska
$75,033 - North Dakota
$72,055 - New Jersey
$70,565 - Maryland
$70,134 - Illinois
$68,869 - Wyoming
$68,252 - Colorado
$68,168 - Hawaii
$67,613 - Minnesota
$65,555 - Texas
$65,477 - Nebraska
$64,983 - New Hampshire
$64,788 - Virginia
$63,272 - Pennsylvania
$61,479 - Iowa
$60,125 - South Dakota
$59,814 - Rhode Island
$59,752 - Oregon
$59,548 - Ohio
$59,493 - Wisconsin
$59,288 - Utah
$59,199 - Kansas
$58,286 - Nevada
$58,283 - Georgia
$56,458 - Louisiana
$56,344 - North Carolina
$56,111 - Indiana
$55,877 - Tennessee
$55,264 - Vermont
$53,952 - Missouri
$53,951 - Michigan
$52,279 - Oklahoma
$51,049 - Florida
$50,794 - Arizona
$50,163 - Maine
$49,543 - New Mexico
$48,887 - Montana
$48,206 - South Carolina
$47,833 - Kentucky
$47,043 - Alabama
$45,859 - Idaho
$43,943 - Arkansas
$43,335 - West Virginia
$39,599 - Mississippi
This is imprecise since the population estimates are a year older than the GDP estimates, but it's what we have.
This just shows how strage Florida’s situation really is. Once the population figures are updated, it’s probably going to be somewhere around $49,000 per capita. Yet it’s a state brimming with wealth and wealth oriented services. Wealthy in real life, but poor on paper.
This just shows how strage Florida’s situation really is. Once the population figures are updated, it’s probably going to be somewhere around $49,000 per capita. Yet it’s a state brimming with wealth and wealth oriented services. Wealthy in real life, but poor on paper.
Hmm...
There are many wealthy people in Florida who either retired there or they have a 2nd, 3rd, etc home in Florida. Even if 1000 people spent $30 million per year each only in Florida in a way that would contribute to the GDP, it would only raise the GDP per capita $1400. The key is that many of these people are necessarily moving their businesses there which ultimately has a lot larger impact on GDP number than the fact that rich retirees live there.
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