Distinct variations in regional economic growth were evident throughout America in 2023, driven by differences in industry composition and population dynamics. This graphic, via Visual Capitalist's Dorothy Neufeld, shows real GDP growth across U.S. regions in 2023, based on data from the Bureau of Economic Analysis. Which Regions Grew the Fastest in 2023 Below, we show the U.S.
With the second-highest real GDP growth rate, the Southeast also surpasses the national average. Just as Texas is attracting industrial production across clean energy technologies, Georgia and Tennessee are emerging as automotive hubs. In fact, Georgia leads the country in electric vehicle assembly and battery plant investment, at a staggering $14.5 billion.
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