US states by GDP by industry: management of companies

California had the highest GDP by industry: management of companies of 51 states in 2018, at $45.77 billion. Wyoming had the lowest, at $125 million. The median was $3.74 billion and the figure for the United States was $388.33 billion. Source: the U.S. Bureau of Economic Analysis.

Highest45,765.8California

Lowest125Wyoming

Median3,744.651 states

United States388,334History

Map of states, 2018

Under 800
800 to 2,200
2,200 to 3,700
3,700 to 7,500
7,500 to 13K
13K and over

USD million, 2018. Source: BEA, SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars. Boundaries: U.S. Census Bureau cartographic boundary files.

All states, 2018

USD million. Source: BEA, SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars. Retrieved 2026-10-12.

Full ranking

Rank	States	2018 USD million	Change on 2017
1	California	45,765.8	+13.9%
2	New York	28,833	+2.4%
3	Texas	24,794.2	+11.2%
4	Pennsylvania	23,748.9	+1.9%
5	Ohio	21,073.5	+0.7%
6	New Jersey	18,732	+2.8%
7	Illinois	16,687	-0.6%
8	Florida	16,430.9	+4.6%
9	Minnesota	13,564.8	+3%
10	Massachusetts	13,270.6	+12.9%
11	Virginia	13,051.5	+6%
12	North Carolina	13,030.7	+1%
13	Georgia	11,898.8	+12.4%
14	Michigan	11,574.5	-0.2%
15	Missouri	9,797.5	+7.6%
16	Wisconsin	9,557.5	+5.4%
17	Oregon	7,840.7	+4.1%
18	Colorado	7,380.6	-3.1%
19	Washington	7,008.7	+5.8%
20	Connecticut	6,701.7	+1.8%
21	Tennessee	6,700.5	+9.5%
22	Arkansas	5,353.2	-0.4%
23	Nevada	4,896.7	+16%
24	Indiana	4,732.9	+1.9%
25	Maryland	4,553.1	+7.8%
26	Arizona	3,744.6	-9.4%
27	Kansas	3,678.8	+4.7%
28	Kentucky	2,751.2	+0.1%
29	Nebraska	2,701.7	-5.8%
30	Louisiana	2,626.6	-4.3%
31	South Carolina	2,510.4	+9.1%
32	Utah	2,360.4	+3.5%
33	Oklahoma	2,329.3	+2.5%
34	Iowa	2,261.3	+3.3%
35	Rhode Island	2,200.3	-1%
36	Alabama	2,123.3	-2.1%
37	Delaware	1,688.2	-8.8%
38	Mississippi	1,383	+5.7%
39	Maine	1,281.8	+10.6%
40	New Hampshire	1,271.6	-3.7%
41	Hawaii	1,127.4	+3.2%
42	Idaho	853.3	+25.1%
43	District of Columbia	826.3	+7.9%
44	West Virginia	789.7	+12.5%
45	South Dakota	702.9	+4.4%
46	North Dakota	616.6	+4.7%
47	New Mexico	560.8	+7%
48	Alaska	358.3	-1.1%
49	Vermont	257	-0.8%
50	Montana	224.9	+1.9%
51	Wyoming	125	+3.1%

Other periods

About this ranking

Value added by management of companies and enterprises (head offices and holding companies) (NAICS 55), the industry's contribution to gross domestic product (GDP), in millions of current US dollars. United States and states: Bureau of Economic Analysis GDP by state, table SAGDP2, line 64.

Head office activity can move between states when a company relocates or restructures, so large changes between years happen. Millions of current US dollars, not adjusted for inflation; for real growth of the whole economy use gdp_growth. Industries are the sectors of the 2017 North American Industry Classification System (NAICS), counted where production takes place. The 20 sector values of a place add up to its gdp_usd, apart from rounding. BEA leaves out values that would disclose a single company, marked (D), and values below $50,000, marked (L); they are missing here, not zero.

Every value in the ranking comes from the same publisher and the same period, so the states are compared on one definition. Equal values share a rank.

How to cite

U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars. https://apps.bea.gov/regional/zip/SAGDP.zip. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Bureau of Economic Analysis. (2026). SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars (US states by GDP by industry: management of companies, 2018) [Data set]. Retrieved October 12, 2026, from https://apps.bea.gov/regional/zip/SAGDP.zip

MLA 9

SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars, US states by GDP by industry: management of companies, 2018. U.S. Bureau of Economic Analysis, 30 Sept. 2026, https://apps.bea.gov/regional/zip/SAGDP.zip. Invokely, https://invokely.ai/rankings/gdp-by-industry-management-companies/us-states?period=2018. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Bureau of Economic Analysis. 2026. SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars. US states by GDP by industry: management of companies, 2018. Dataset. Accessed October 12, 2026. https://apps.bea.gov/regional/zip/SAGDP.zip. Also distributed by Invokely, https://invokely.ai/rankings/gdp-by-industry-management-companies/us-states?period=2018.

Harvard

U.S. Bureau of Economic Analysis (2026) SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars, US states by GDP by industry: management of companies, 2018 [Dataset]. Available at: https://apps.bea.gov/regional/zip/SAGDP.zip, via Invokely: https://invokely.ai/rankings/gdp-by-industry-management-companies/us-states?period=2018 (Accessed: 12 October 2026).

BibTeX

@misc{bureau_us_states_by_gdp_2018,
  author = {{U.S. Bureau of Economic Analysis}},
  title = {{SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars: US states by GDP by industry: management of companies, 2018}},
  year = {2026},
  howpublished = {Data set},
  url = {https://apps.bea.gov/regional/zip/SAGDP.zip},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/rankings/gdp-by-industry-management-companies/us-states?period=2018. Publisher attribution: U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars. https://apps.bea.gov/regional/zip/SAGDP.zip. Retrieved 2026-10-12.},
}

RIS

TY  - DATA
AU  - U.S. Bureau of Economic Analysis
TI  - SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars: US states by GDP by industry: management of companies, 2018
PY  - 2026
DA  - 2026/09/30
PB  - U.S. Bureau of Economic Analysis
DB  - Invokely
UR  - https://apps.bea.gov/regional/zip/SAGDP.zip
L2  - https://invokely.ai/rankings/gdp-by-industry-management-companies/us-states?period=2018
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/gdp-by-industry-management-companies/us-states?period=2018.
N1  - Publisher attribution: U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars. https://apps.bea.gov/regional/zip/SAGDP.zip. Retrieved 2026-10-12.
ER  -

Embed this chart

Paste this code into a web page or a blog post. The chart shows the latest figures as they are published, with the source and a link back to this page.

Embed code

<iframe src="https://invokely.ai/embed/rankings/gdp-by-industry-management-companies/us-states?period=2018" width="760" height="500" title="US states by GDP by industry: management of companies, 2018, chart from Invokely" loading="lazy" style="border:0;width:100%;max-width:760px" referrerpolicy="strict-origin-when-cross-origin"></iframe>

Sites that read oEmbed links, such as WordPress, can show the chart when you paste the link to this page.

Use this data in your AI agent

Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:

Rank US states by GDP by industry: management of companies using official data, and cite the source.

rank_places {"indicator":"gdp_by_industry_usd_management_companies","level":"region","within":"United States","limit":10}
GET https://invokely.ai/api/v1/rank?indicator=gdp_by_industry_usd_management_companies&level=region&within=United%20States&limit=10

Connect Claude, ChatGPT or Cursor in one step. The trial answers 25 calls a day without an account.

Questions

Which state has the highest GDP by industry: management of companies?

California, with $45.77 billion in 2018, according to the U.S. Bureau of Economic Analysis.

Which state has the lowest GDP by industry: management of companies?

Wyoming, with $125 million in 2018.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: U.S. Bureau of Economic Analysis, SAGDP2: gross domestic product (GDP) by state, Management of companies and enterprises (NAICS 55), millions of current dollars. Retrieved 2026-10-12.