The latest release by the US Bureau of Economic Analysis shows Nevada’s gross domestic product rising by 3.8% over the second quarter of 2017. The state outperformed every neighbor except Utah, which edged the state by one-tenth of one percentage point.
Nationally, mining increased 28.6 percent and was the leading contributor to growth for the nation and in the three fastest-growing states of North Dakota, Wyoming and Texas in the second quarter. Oil and natural gas production drove the sector’s growth.
In addition to mining; professional, scientific, and technical services; health care and social assistance; retail trade; and information services were the leading contributors to U.S. economic growth in the second quarter.