Utah’s $183 billion economy grew at the nation’s fourth fastest rate during the first quarter of this year, according to federal statistics released Thursday.
Its gross domestic product — the market value of goods and services produced by labor and properties in a state — grew by 4.2% between Jan. 1 and March 31, according to the U.S. Bureau of Economic Analysis.
Nationally, the gross domestic product grew by 3.1% in that time. The GDP increased in all 50 states and the District of Columbia.
The three states where GDP was higher than in Utah were West Virginia (5.