Chained-dollar values of GDP by county are derived by applying national chain-type price indexes to the current dollar values of GDP by county for 61 detailed North American Industry Classification System-based industries. Gross Domestic Product, Small regions TL3. Quantity indexes are calculated using a Fisher chained-weighted formula that incorporates weights from two adjacent periods (quarters for quarterly data and annuals for annual data). Gross domestic product estimates the value of the goods and services produced in an area. Real GDP increased in 805 counties, decreased in 1,687 counties, and was unchanged in 12 counties. The interactive map also shows that the micropolitan areas with the lowest levels of total GDP in 2020 were Helena-West Helena, AR ($556 million); West Point, MS ($532 million); Summerville, GA ($532 million); Raymondville, TX ($495 million); and, Zapata, TX ($484 million). Click on an industry in the color key to highlight them in the map. 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. Share sensitive information only on official, secure websites. Annual. 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). Gross domestic product estimates the value of the goods and services produced in an area. Clicking on the following button will update the content below. There was also a wide variety in the industries that contributed the most to micropolitan area GDP in 2020. Note the GDP scale change as compared to the previous metro area map. Please create an employee account to be able to mark statistics as favorites. "Real Gross Domestic Product of The United States in 2021, by Metropolitan Area (in Million Chained 2012 U.S. 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. Scattered showers and storms. Browse our topics and subtopics to find information and data. Show publisher information 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. 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). June 2, 2023. This page is not available in other languages. Clayton County, GA (24.3 percent), had the largest percent decrease in GDP. H&H, founded in 1972, said it will open 25 new restaurants this year across the country, with both company-owned and franchised locations. Share sensitive information only on official, secure websites. Gross Domestic Product by County, 2019 Real gross domestic product (GDP) increased in 2,484 counties, decreased in 612 counties, and was unchanged in 17 counties in 2019, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). Real GDP by county may reflect a substantial volume of output that is sold to other areas and countries. Units Release Dates Observation Period. Metro Monitor 2021 tracks the inclusive economic growth performance of the 192 largest U.S. metro areas, which together are home to 78% of the nation's population and contribute 84% of the . Please review the copyright information in the series notes before sharing. One Federal Reserve Bank Plaza, ) or https:// means youve safely connected to the .gov website. 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. 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 Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis, Statista. This is a list of U.S. metropolitan areas by their gross domestic product (GDP). Our surveys provide periodic and comprehensive statistics about the nation. Jeff Clabaugh has spent 20 years covering the Washington region's economy and financial markets for WTOP as part of a partnership with the Washington Business Journal, and officially joined the WTOP newsroom staff in January 2016. This data is critical for government programs, policies, and decision-making. GDP is the value of goods and services produced within a county. The bagels will be made fresh in New York City and shipped to the out-of-town locations. Categories > U.S. 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. The color key to highlight them in the series notes before sharing product the... Statistics as favorites to be able to mark statistics as favorites was also a wide variety in the notes! 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