Top 5 fastest-growing states

After a couple dreary years, the economies of most states began to grow again in 2010. Forty-eight of the 50 states showed a gain in gross domestic product, according to new data from the Bureau of Economic Analysis. (Click ahead to see which two states did not grow.) The US as a whole saw GDP grow by 2.6 percent last year. But some states more than doubled that rate, thanks to gains in durable goods manufacturing, retail trade, finance, and insurance. Here's a look at the Top 5 fastest-growing states:

5.West Virginia – up 4 percent

Coal miner, Wiley Cullop, gets ready for work at the Midland Trail No. 2 mine of West Virginia Mine Power Co. in Rupert, W.Va., on May 2, 2011. He shoveled his first load when Harry S. Truman was president. Mining has continued to be an important part of the state's economy, contributing more than any other sector to the state's GDP growth in 2010. (Rick Barbero / The Register-Herald / AP )

With a $56 billion GDP, the state has a small economy, but it is one of the few in the nation whose GDP has not shrunk at all in the last three years. Mining was the biggest contributor to the rise in GDP, though it accounts for less than a quarter of last year's 4 percent increase. After that, real estate was the biggest contributor.

Massachusetts – up 4.2 percent

Massachusetts Gov. Deval Patrick listens to a question from an employee of Yankee Candle Company in Deerfield, Mass., during a town hall meeting in this October 2010 file photo. The biggest contributors to the state's GDP growth are durable goods manufacturing and real estate. (Feature Photo Service for Yankee Candle Company / File )

Growth in Massachusetts was spread across several industries. Durable goods manufacturing was the biggest contributor to growth in its $342 billion GDP, adding almost 1 percentage point to the state's 4.2 percent rise. Real estate picked up, too, adding a little less than 1 percentage point to the state’s economic growth. Although Massachusetts lost about 4 percent of its jobs during the recession, it has added back about a third of those since 2009.

Indiana – up 4.6 percent

Lt. Gov. Becky Skillman joins company and local officials for an announcement that enginemaker Cummins Inc. would spend $100 million to expand a southern Indiana factory and hire 200 people on July 9, 2010, in Seymour, Ind. The jobs would be added in manufacturing and engineering over the next five years. (Joe Harpring / The Republic / AP / File )

As one of the states hit hardest in 2009, Indiana has made a dramatic turnaround in 2010. Manufacturing of durable goods contributed more than two percentage points to the state's impressive 4.6 percent growth. The Hoosier State now has a $245 billion GDP. It sits in the middle of the pack in terms of unemployment, which stood at 8.2 percent in April 2011.

New York – up 5.1 percent

Specialist Gregg Maloney (center) works at his post on the floor of the New York Stock Exchange June 7, 2011. The financial sector is growing in New York and was a significant contributor to GDP growth in the state in 2010. (Richard Drew / AP )

With the finance and insurance industries getting back on their feet, New York's $1 trillion GDP is one of the primary beneficiaries. Nearly two percentage points of the state's growth are a result of the expansion of those two sectors. The financial sector should continue to regain strength. A recent survey by Fidelity Investments pointed toward signs of a job expansion: 75 percent of US broker-dealer and independent registered investment advisory firms are planning to hire up to 30 percent more employees in the next year.

North Dakota – up 7.1 percent

Combines harvest a field of wheat for Johnson Farms near Neche, N.D., near the Canadian border in this September 2006 file photo. The state saw the nation's most impressive GDP growth in 2010, with a gain of 7.1 percent. (Andy Nelson / Staff / File )

The state with the lowest unemployment rate and a burgeoning population saw the sharpest increase in its GDP. The industry that pushed it to the top? Mining. While mining didn’t help the US much as a whole, it boosted North Dakota’s $31 billion GDP by almost two percentage points. Other big players in the state were real estate and wholesale trade.

By the way, the states whose GDPs shrunk last year? Wyoming and Nevada, but each only lost less than one percentage point.