How is GDP by state affected by natural or man-made disasters?
GDP by state is a measure of a state’s current production of goods and services and it will reflect any disruption in that production. It is not directly affected by the loss of property (structures and equipment) produced in previous periods. GDP by state may be affected indirectly by the actions that consumers, businesses, and governments take in response to disruptions in production or to the loss of property, but these responses are not amenable to precise quantification; moreover, the responses may be spread out over a long period of time.
