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The methodology of calculating GDP may differ between the studies and are widely based . There was also a wide variety in the industries that contributed the most to micropolitan area GDP in 2020.
Use the interactive table below to examine metropolitan area 2020 and 2021 population and components of change. The graphic shows metropolitan area data in the top half and micropolitan area data in the bottom. Foard County, TX (91.0 percent), was the fastest growing small county. Millions of Chained 2012 Dollars 2019-12-12 to 2022-12-08 2001 to 2021. The durable-goods manufacturing industry was the leading contributor to the county's growth.
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"Real gross domestic product of the United States in 2021, by metropolitan area (in million chained 2012 U.S. Use the Zoom and Search options in the toolbar to the upper left to get a closer look at specific metros. https://fred.stlouisfed.org/series/NGMP16740, Clayton County, GA (24.3 percent), had the largest percent decrease in GDP. Lock Hover the cursor over a micropolitan area in the interactive map below to see additional details, including the 10-year GDP history for the areas top 2020 industry. It can be used to compare the size and growth of county economies across the nation.
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Hover the cursor over a metro in the interactive map below to see additional area details. In, BEA. "Real" dollar series are calculated by multiplying the published quantity index by the current dollar value in the reference year and then dividing by 100. A lock ( Real gross domestic product (GDP) increased in 2,404 counties, decreased in 691 counties, and was unchanged in 17 counties in 2021. U.S. Bureau of Economic Analysis, ) or https:// means youve safely connected to the .gov website.
Access demographic, economic and population data from the U.S. Census Bureau. liability for the information given being complete or correct.
This time around, we've decided to analyze the economies of America's major metropolitan statistical areas (MSAs), in order to identify which places have experienced the largest growth in GDP. Real GDP increased in 805 counties, decreased in 1,687 counties, and was unchanged in 12 counties. This is a list of U.S. metropolitan areas by their gross domestic product (GDP). H&H Bagels has been featured in a long list of TV shows and movies, including Seinfeld, The Office, Youve Got Mail, Sex and the City, How I Met Your Mother, and Boy Meets Girl.. These data include single-year estimates for Metropolitan Statistical Areas (MSA) by industry and enterprise employment size. The 2020 estimates of local area GDP were impacted by the response to the spread of COVID-19, as governments issued and lifted "stay-at-home" orders and government pandemic assistance payments were distributed to households and businesses. St. Louis, MO 63102, Gross Domestic Product by County and Metropolitan Area, http://www.bea.gov/newsreleases/regional/gdp_metro/gdp_metro_newsrelease.htm, More Click in empty ocean space or reload the webpage to reset the visualization. Information on COVID-19 and recovery impacts is available on our, Stay informed about BEA developments by reading, Historical time series for these estimates can be accessed in BEA's, Access BEA data by registering for BEA's Data, For more on BEA's statistics, see our monthly online journal, the, For upcoming economic indicators, see BEA's. In 2020, the total level of real GDP ranged from $18.8 million in Petroleum County, MT, to $659.3 billion in Los Angeles County, CA. Table 1. The full economic effects of the COVID-19 pandemic cannot be quantified in the local area GDP estimates, because the impacts are generally embedded in source data and cannot be separately identified. Series from Gross Domestic Product by County and Metropolitan Area. Real state personal income increased 5.3 percent in 2020 for the nation after increasing 2.6 percent in 2019. Access demographic, economic and population data from the U.S. Census Bureau. As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. All Rights Reserved. Other similar examples where areas stand out from their regional neighbors in their top contributing industries to area GDP include: The final interactive graphic provides additional details on the total levels of industry contribution to area GDP across all areas. data than referenced in the text. June 2, 2023. Data in this graph are copyrighted. Real values are inflation-adjusted statisticsthat is, these exclude the effects of price changes. Visit the conference site for more information. Real GDP by county may reflect a substantial volume of output that is sold to other areas and countries. Accessed June 03, 2023. https://www.statista.com/statistics/248083/real-gross-domestic-product-gdp-of-the-united-states-by-metropolitan-area/, BEA. This text provides general information. This is a list of cities in the world by gross domestic product (GDP).The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Secure .gov websites use HTTPS The size of a county's economy as measured by GDP varies considerably across the United States. A comprehensive measure of the economies of counties, metropolitan statistical areas, and some other local areas. March 2023. Gross Domestic Product by County and Metropolitan Area, Units: Our surveys provide periodic and comprehensive statistics about the nation. The arts, entertainment, and recreation industry was the leading contributor to the decrease. This website is not intended for users located within the European Economic Area. The company did not disclose specific locations or a timeline for openings. Hover the cursor over a metro area in the interactive map below to see additional details, including the 10-year GDP history for the areas top 2020 industry. 5425 Wisconsin Ave Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis, For more information, see Federal Recovery Programs and BEA Statistics. retrieved from FRED, Releases from U.S. Bureau of Economic Analysis, More
Secure .gov websites use HTTPS Real gross domestic product (GDP) increased in 864 counties, decreased in 2,234 counties, and was unchanged in 14 counties in 2020, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). You only have access to basic statistics. Measuring America's People, Places, and Economy. Compared to the metros listed above with the highest levels of GDP each accounting for hundreds of billions of dollars of GDP in 2020 the metro areas that had the lowest total GDP in 2020 were Grants Pass, OR ($3.1 billion); Gadsden, AL ($3.0 billion); Lewiston, ID-WA ($2.9 billion); Sebring-Avon Park, FL ($2.7 billion); and, Enid, OK ($2.6 billion). Click on an industry in the color key to highlight them in the map. Regional Data > States > North Carolina > MSAs > Charlotte-Concord-Gastonia, NC-SC. Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis. The percent change in real GDP ranged from 91.0 percent in Foard County, TX, to -29.0 percent in Skagway Municipality, AK (table 1). The plans include 10 stores across D.C., Northern Virginia, Norfolk and Virginia Beach. Each section includes one chart detailing the total industry contributions to area GDP and another chart showing the 10-year industry GDP contribution data from 2011 to 2020.
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Page Last Revised - May 22, 2023. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. A .gov website belongs to an official government organization in the United States.
GDP by county is the substate counterpart of the nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Highs in the mid 80s. Gross domestic product estimates the value of the goods and services produced in an area. U.S. Real GDP per capita 2020, by metro area Per capita Real Gross Domestic Product (GDP) of the United States in 2020, by metropolitan area (in chained 2012 U.S. dollars).
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Charlotte-Concord-Gastonia, NC-SC population data from the U.S. Office of Management and Budget the,!, up from 3.6 percent other local areas about these areas, and was in! Chained ( 2009 ) Dollars micropolitan web page for additional information about areas... Gdp varies considerably across the United States, per capita personal income increased 5.3 in. Click on an industry 's contribution to the upper left to get a closer at... Star in the industries that contributed the most to micropolitan area data in the bottom of Dollars not...For example, manufacturing was the top contributor to area GDP in much of the Midwest and Great Lakes region except for the larger metro areas of Chicago-Naperville-Elgin, IL-IN-WI; Columbus, OH; and Pittsburgh, PA, where professional and business services were the top contributors.
Large counties (141 counties with populations greater than 500,000 in 2020), Medium counties (467 counties with populations between 100,000 and 500,000 in 2020), Small counties: (2,504 counties with populations less than 100,000 in 2020). Use the Zoom and Search options in the toolbar to the upper left to get a closer look at specific metros. See in this section .. highlights.. about metros.. . H&H Bagels, considered the epitome of a New York City bagel maker, is expanding nationwide and the D.C. metro area is on the list. The largest of the nations urban areas, metro areas of more than 50,000 residents account for the greatest portion of the countrys GDP. A comprehensive measure of the economies of counties, metropolitan statistical areas, and some other local areas. In 2020, real personal income increased in all 50 states and the District of Columbia. The bagels will be made fresh in New York City and shipped to the out-of-town locations. Subscribe today! "Real Gross Domestic Product of The United States in 2021, by Metropolitan Area (in Million Chained 2012 U.S. December 8, 2022. Real GDP increased in 9 counties and decreased in 132 counties. This edition of SSTIs Useful Stats explores Gross Domestic Product (GDP) of the nations urban areas and the top industry contributors to GDP in these areas. Use the Zoom and Search options in the toolbar to the upper left to get a closer look at specific areas. Explore census data with visualizations and view tutorials. Statistics include number of firms, establishments, employment, and annual payroll. Browse our topics and subtopics to find information and data. Profit from the additional features of your individual account. See the Metropolitan and Micropolitan web page for additional information about these areas, including current delineations, historical delineations, and data. This data is critical for government programs, policies, and decision-making. Official websites use .gov Gross domestic product (GDP) by county is the value of goods and services produced by the county's economy less the value of goods and services used up in production. Real GDP by metropolitan area is an inflation-adjusted measure of each metropolitan area's gross product that is based on national prices for the goods and services produced within the metropolitan area. To use individual functions (e.g., mark statistics as favourites, set Please see our, EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, Wednesday, December 8, 2021, 4600 Silver Hill Road Suitland, MD 20746, Federal Recovery Programs and BEA Statistics.
Quantities, or "real" measures, are expressed as index numbers with a specified reference year equal to 100 (currently 2012). since studio rents were actually falling through the second half of 2020 in the midst of . Note the GDP scale change as compared to the previous metro area map. Get breaking news and daily headlines delivered to your email inbox by signing up here. The contributions are additive and can be summed to the state's overall percent change. Please review the copyright information in the series notes before sharing. GDP by metropolitan area is the metropolitan area counterpart of the nation's, BEA's featured measure of U.S. production.For more information about this release go to http://www.bea.gov/newsreleases/regional/gdp_metro/gdp_metro_newsrelease.htm. In 2020, the New. Magdeburg metropolitan area, Germany: 16.0 2020 158 Granada metropolitan area, Spain: 15.8 2020 159 Oldenburg metropolitan area, Germany: 15.8 2020 160 Zwolle metropolitan area, Netherlands: 15.7 2020 161 Le Mans Mtropole, France: 15.7 2021 162 Gttingen metropolitan area, Germany: 15.6 2020 163 Lbeck metropolitan area, Germany: 15.3 2020 164 Get in touch with us. retrieved from FRED, Hover the cursor over a metro in the interactive map below to see additional details, including the 10-year GDP history for the areas top 2020 industry. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Osaka (Japanese: , Hepburn: saka-shi, pronounced ."
Click on an industry in the color key to highlight them in the map. The boundaries and area titles depicted reflect the March 2020 delineations described by the U.S. Office of Management and Budget. GDP ranged from $18.8 million in Petroleum County, MT, to $12.9 billion in Reeves County, TX. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information
Metropolitan and micropolitan areas are geographic entities used by Federal statistical agencies in collecting, tabulating, and publishing Federal statistics. Santa Clara County, CA (4.4 percent), was the fastest growing large county. The map size is 55.5 x 36 inches. The All industry total includes all Private industries and Government.Gross domestic product (GDP) by metropolitan area is the measure of the market value of all final goods and services produced within a metropolitan area in a particular period of time. Consumer Price Index and inflation in the U.S. Real gross domestic product of the United States in 2021, by metropolitan area (in million chained 2012 U.S. dollars), Find your information in our database containing over 20,000 reports, Washington-Arlington-Alexandria, DC-VA-MD-WV, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, Nashville-Davidson--Murfreesboro--Franklin, TN, Virginia Beach-Norfolk-Newport News, VA-NC. Across all metro areas in 2020, the industry that contributed the most to metro GDP was real estate and rental and leasing ($2.33 trillion); followed by government and government enterprises ($2.25 trillion); professional and business services ($1.92 trillion); manufacturing ($1.73 trillion); and, finance and insurance ($1.58 trillion). The median rent across the 50 largest metropolitan areas in the United States reached $1,849 in May. The recession brought upon by the COVID-19 pandemic (February 2020 April 2020) saw an extremely sharp drop in both GDP and employment, followed by a relatively fast return to non-recessionary rates of unemployment. Categories > U.S.
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Gross Domestic Product, Small regions TL3. This could be a sign of the end of the region's recovery from the Covid . Note the GDP scale change as compared to the previous metro area map. A .gov website belongs to an official government organization in the United States. Metropolitan and Micropolitan Statistical Areas Map (March 2020), Metropolitan and Micropolitan Statistical Areas Wall Map (March 2020), Additional versions are available on the FTP archive, Survey of Income and Program Participation (SIPP), Combined Statistical Areas Map (March 2020), New England City and Town Areas Map (March 2020).
An official website of the United States government. The real estimates of gross domestic product (GDP) by metropolitan area are measured in chained (2009) dollars. The percent change in real GDP ranged from 81.8 percent in Coke County, TX, to 34.8 percent in Chouteau County, MT. Federal Reserve Bank of St. Louis;
Categories > U.S. Use Ask Statista Research Service. Real Gross Domestic Product, by County, 20172020, These data have been superseded. Nominal vs. PPP This combined visualization shows the degree of GDP concentration for several large metro areas, as well as the difference in top industry contributors to area GDP as compared to smaller surrounding metro and micropolitan areas. Then you can access your favorite statistics via the star in the header.
In concept, an industry's GDP by metropolitan area, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). Guadalupe County, TX (5.9 percent), was the fastest growing medium county. A lock ( In the metropolitan portion of the United States, per capita personal incomepersonal income divided by populationincreased 6.0 percent in 2020, up from 3.6 percent in 2019.
Lock Source: The 150 richest cities in the world by GDP in 2020. If you are an admin, please authenticate by logging in again. 5015 Pine Creek Drive, Westerville OH 43081 | tel, Harvard introduces nationwide labor market mapping tool, Useful Stats: 10-year SBIR awards by state and agency, 2013-2022, Recent Research: The key role of immigrants in the U.S. innovation ecosystem, National Science Foundation makes 44 Engines Development awards, Experts push Congress for more high skilled immigrants to compete with China | Axios, Connecticuts Workforce Is Attracting Manufacturing Industry | Governing, Americans Have Never Been So Unwilling to Relocate for a New Job | Bloomberg News, 7 institutions join forces to take 39 North Innovation District to the next phase of growth | St. Louis Inno, Applied Materials to invest $4 bln in Silicon Valley chip research center | Reuters, China Tells Mfrs to Stop Using Micron Chips, stepping up feud with the U.S. | NBC News, Kellogg Foundation backing scholarships in Battle Creek | Crains Detroit Business, Enterprise Center completes new resource hub | The Philadelphia Tribune, Girl Scouts begin construction on $16 million STEM center in Galloway | The Columbus Dispatch, Whats Happening With Seed And Series A Funding, In 4 Charts | Crunchbase. The update incorporates revised source data that are more complete and more detailed than previously available, the results of the July 2021 annual update of the National Income and Product Accounts, the September 2021 annual update of the GDP by industry statistics, the October 2021 annual update of the GDP by state statistics, and the results of the November 2021 annual update of personal income by county. Currently, you are using a shared account. Business Solutions including all features. GDP is the value of goods and services produced within a county. To sign up for updates please enter your email address. Contributions to growth are an industry's contribution to the state's overall percent change in real GDP. U.S. Bureau of Economic Analysis, GDP by metropolitan area is the metropolitan area counterpart of the nation's, BEA's featured measure of U.S. production.For more information about this release go to http://www.bea.gov/newsreleases/regional/gdp_metro/gdp_metro_newsrelease.htm. In the nonmetropolitan portion of the United States, per capita personal income increased 7.7 percent, up from 3.6 percent. Series from Gross Domestic Product by County and Metropolitan Area. Statista assumes no In concept, an industry's GDP by metropolitan area, referred to as its . Share sensitive information only on official, secure websites. To better identify regional industry trends, the following interactive graphic combines the previous metropolitan and micropolitan data into a single map for total area GDP and another for the top industry contributor to area GDP. However, real GDP by county does not capture geographic differences in the prices of goods and services that are produced and sold locally. In concept, an industry's GDP by metropolitan area, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). Official websites use .gov Regional Data > States > New Jersey > MSAs > New York-Newark-Jersey City, NY-NJ-PA. Data in this graph are copyrighted. Quantities and prices. dollars)." Millions of Dollars,Not Seasonally Adjusted, Frequency: Gross Domestic Product by County and Metropolitan Area, 2021. Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis, All rights reserved. Real state personal income is a state's current-dollar personal income adjusted by the state's regional price parity and the national personal consumption expenditures price index. Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis.
Our surveys provide periodic and comprehensive statistics about the nation. Real GDP increased in 50 counties, decreased in 415 counties, and was unchanged in 2 counties. Find your information in our database containing over 20,000 reports, unemployment rates exceeding five percent, GDP of the Minneapolis-Saint Paul metro area. Federal Reserve Bank of St. Louis;
Source: Specifically, this analysis explores both metropolitan area (defined by the Office of Management and Budget as areas with an urban core of more than 50,000 population) and micropolitan area (defined as areas with an urban core of between 10,000 and 50,000 population) GDP in 2020, as well as the top contributing industry to area GDP. [Online]. Browse our collection of stories and more. H&H, founded in 1972, said it will open 25 new restaurants this year across the country, with both company-owned and franchised locations. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Population of metropolitan areas in the U.S. 2021, U.S. fastest growing metropolitan areas 2020-2021, U.S. real GDP per capita 2021, by metro area, Population of the largest metropolitan areas in the U.S. as of 2021 (in 1,000s), The fastest growing metropolitan areas in the United States between 2020 and 2021, Per capita real gross domestic product of the United States in 2021, by metropolitan area (in chained 2012 U.S. dollars), U.S. metropolitan areas with the highest percentage of white population 2019, Leading metropolitan areas with the highest percentage of white population in the United States in 2019, U.S. metropolitan areas with the highest percentage of black population 2019, Leading metropolitan areas with the highest percentage of black population in the United States in 2019, U.S. metro areas with the highest birth rate 2021, Metropolitan areas with the highest birth rate in the United States in 2021 (per 1,000 population), U.S. metro areas with the highest percentage of population under 18 years old 2019, Leading metropolitan areas with with the highest percentage of population under 18 years old in the United States in 2019, U.S metro areas with the highest percentage of population aged 65 and older 2019, Leading metropolitan areas with the highest percentage of population aged 65 years and over in the United States in 2019, U.S. metro areas with the highest percentage of college graduates 2019, Leading metropolitan areas with the highest percentage of college graduates in the United States in 2019, Legal immigrants in the United States FY 2021, by metro area of residence, Number of persons obtaining legal permanent resident status (green card) in the U.S. in the fiscal year of 2021, by metropolitan area of residence, Rate of homeless individuals by metro area in the U.S. 2017, Rate of homeless individuals in the United States in 2017, by metropolitan area (per 10,000 residents), Share of unsheltered homeless youth population by county of residence U.S. 2020, Share of unaccompanied homeless youth population who were unsheltered in the United States in 2020, by metropolitan area of residence, U.S. real GDP annual percent change 2021, by metro area, Annual percent change in the real GDP of the United States in 2021, by metropolitan area, U.S. metropolitan areas with the highest per capita income 2021, Metropolitan areas with the highest per capita income in the United States in 2021 (in U.S. dollars), U.S. leading metropolitan areas with the highest unemployment rate 2021, Leading metropolitan areas with the highest unemployment rate in the United States in 2021, U.S. unemployment rates for large metropolitan areas March 2023, Monthly ranking of unemployment rates in the United States for larger metropolitan areas in March 2023, Metropolitan areas with the highest violent crime rate in the U.S. 2020, Metropolitan areas with the highest violent crime rate in the United States in 2020, Metropolitan areas - crime rate U.S. 2020, by type, Crime rate in metropolitan areas in the United States in 2020, by type (per 100,000 inhabitants), Metropolitan areas with the highest aggravated assault rate in the U.S. 2020, Metropolitan areas with the highest aggravated assault rate in the United States in 2020 (per 100,000 population), Metropolitan areas with the highest rape rate in the U.S. 2020, Metropolitan areas with the highest rape rate in the United States in 2020, Metropolitan areas with the highest robbery rate in the U.S. 2020, Metropolitan areas with the highest robbery rate in the United States in 2020 (per 100,000 inhabitants), Metropolitan areas with the highest burglary rate in the U.S. 2020, Metropolitan areas with the highest burglary rate in the United States in 2020 (per 100,000 inhabitants), Metropolitan areas with the highest property crime rate in the U.S. 2020, Metropolitan areas with the highest property crime rate in the United States in 2020 (per 100,000 inhabitants), Metro areas with the highest rate of fraud in the U.S. 2021, Ranking of metropolitan areas in the United States in 2021, by highest rate of fraud complaints lodged with the FTC (per 100,000 population), U.S. monthly number of workers teleworking due to COVID-19 2020-2022, Monthly number of workers who worked from home due to the COVID-19 pandemic in the United States from May 2020 to September 2022 (in millions), Delinquent rate of retail space during COVID-19 in large U.S. metros in 2020, Delinquency rate of retail real estate loans during the COVID-19 pandemic in selected metros in the United States in 2020, U.S. commercial mortgage delinquencies during COVID-19 in 2020, by metro, Value of commercial mortgage delinquencies during the COVID-19 pandemic in selected metros in the United States in 2020 (in billion U.S. dollars). . 2020 2021 2022; Metropolitan areas AUS: Australia: 19 026 200: 19 272 100: 19 492 800: 19 718 400: 19 930 400: 20 174 500: 20 448 600: 20 825 100: 21 246 500: 21 688 800:
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Hover the cursor over a metro in the interactive map below to see additional area details. Gross domestic product estimates the value of the goods and services produced in an area.
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