Which statement correctly describes Current-Dollar GDP in New York State?

• A quarterly GDP annualized rate is not the same as the actual amount of output produced during one quarter.
• New York’s Q1 2026 current-dollar GDP was reported at an annualized rate of about $2.554 trillion.
• New York’s 2025 current-dollar GDP was about $2.468 trillion according to BEA data released in 2026.
• New York’s 2025 real GDP was about $1.894 trillion in chained 2017 dollars.