Click in empty ocean space or reload the webpage to reset the visualization. December 8, 2022. There was also a wide variety in the industries that contributed the most to micropolitan area GDP in 2020. Highs in the mid 80s. 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. Real GDP for the top 50 metropolitan statistical areas in millions of dollars [1] See also Geography portal United States portal Puerto Rico portal List of U.S. states by economic growth rate List of U.S. metropolitan areas by GDP per capita Cities portal References Copyright 2022 by WTOP. U.S. Bureau of Economic Analysis, Release: Foard County, TX (91.0 percent), was the fastest growing small county. 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. 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). "Real Gross Domestic Product of The United States in 2021, by Metropolitan Area (in Million Chained 2012 U.S. We are happy to help. 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.. An official website of the United States government. A comprehensive measure of the economies of counties, metropolitan statistical areas, and some other local areas. For more information, see Federal Recovery Programs and BEA Statistics. The COVID-19 Recession: A Faster Recovery? These data cover all 50 states, D.C., and Puerto Rico. 1 likes, 0 comments - Deviant Design (@deviant_design) on Instagram: "Priority seats in Osaka's subway. Other locations are planned for California, Connecticut, Florida and Illinois. There was also a wide variety in the industries that contributed the most to metro area GDP in 2020. Release: Gross Domestic Product by County and Metropolitan Area Units: Millions of Dollars, Not Seasonally Adjusted 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). Scattered showers and storms. 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. Gross Domestic Product, Small regions TL3. Subscribe today! data than referenced in the text. Santa Clara County, CA (4.4 percent), was the fastest growing large county. Finance and insurance in New York-Newark-Jersey City, NY-NJ-PA and in Charlotte-Concord-Gastonia, NC-SC; Professional and business services in Boston-Cambridge-Newton, MA-NH, and in Houston, TX; Real estate and rental and leasing in Atlanta, GA, and in St. Louis MO-IL; and. Real gross domestic product of the United States in 2021, by metropolitan area (in million chained 2012 U.S. dollars) [Graph]. Browse our topics and subtopics to find information and data. Real Gross Domestic Product, by County, 20172020, These data have been superseded. Dollars). retrieved from FRED, 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. Note the GDP scale change as compared to the previous metro area map. Real GDP by county may reflect a substantial volume of output that is sold to other areas and countries. Releases from U.S. Bureau of Economic Analysis, More Series from Gross Domestic Product by County and Metropolitan Area. 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. Click here for the data used in this analysis. The update incorporates revised source data that are more complete and more detailed than previously available, the results of the September 2022 annual update of the National Income and Product Accounts, the September 2022 annual update of GDP by industry . Page Last Revised - May 22, 2023. . liability for the information given being complete or correct. You only have access to basic statistics. However, real GDP by county does not capture geographic differences in the prices of goods and services that are produced and sold locally. 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). Find your information in our database containing over 20,000 reports, unemployment rates exceeding five percent, GDP of the Minneapolis-Saint Paul metro area. ", BEA, Real gross domestic product of the United States in 2021, by metropolitan area (in million chained 2012 U.S. dollars) Statista, https://www.statista.com/statistics/248083/real-gross-domestic-product-gdp-of-the-united-states-by-metropolitan-area/ (last visited June 03, 2023), Real gross domestic product of the United States in 2021, by metropolitan area (in million chained 2012 U.S. dollars) [Graph], BEA, December 8, 2022. Share sensitive information only on official, secure websites. 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. 08.01.17 Metro GDP by Industry View, rank, compare metros by GDP by industry Learn more about how specific metros are changing, how, why and by how much . 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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 Nominal vs. PPP The transportation and warehousing industry was the leading contributor to the decrease. Total Gross Domestic Product for Charlotte-Concord-Gastonia, NC-SC (MSA) [NGMP16740], 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. Official websites use .gov Clayton County, GA (24.3 percent), had the largest percent decrease in GDP. What is GDP by County, Metro, and Other Areas? Please create an employee account to be able to mark statistics as favorites. 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). Real GDP for the top 50 metropolitan statistical areas in millions of dollars[1]. This could be a sign of the end of the region's recovery from the Covid . 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 Secure .gov websites use HTTPS 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. 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. Lock An official website of the United States government. To the extent that a county's output is produced and sold in national markets at relatively uniform prices (or sold locally at national prices), real GDP by county captures the differences across counties that reflect the relative differences in the mix of goods and services that the areas produce. 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. [Online]. * Only the 100 leading metropolitan areas are shown here. Across states, the percent change in real personal income ranged from 9.8 percent in Idaho to 1.6 percent in Alaska (table 1). Units Release Dates Observation Period. Statistics include number of firms, establishments, employment, and annual payroll. Quantities and prices. ) or https:// means youve safely connected to the .gov website. 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). since studio rents were actually falling through the second half of 2020 in the midst of . 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). As shown in the interactive map below, the industry that accounted for the greatest share of metro area GDP in the greatest number of areas was government and government enterprises (141 metros); followed by manufacturing (118 metros); real estate and rental and leasing (64 metros); educational services, health care, and social assistance (21 metros); and, professional and business services (17 metros). The plans include 10 stores across D.C., Northern Virginia, Norfolk and Virginia Beach. So did unemployment. This website is not intended for users located within the European Economic Area. Click on an industry in the color key to highlight them in the map. The durable-goods manufacturing industry was the leading contributor to the county's growth. This is a list of U.S. metropolitan areas by their gross domestic product (GDP). The median rent across the 50 largest metropolitan areas in the United States reached $1,849 in May. Chained-dollar values are not additive, because the relative weights for a given period differ from those of the reference year. Occasionally however, several cities of similar status and their suburbs make up an . The "Metropolitan and Micropolitan Statistical Areas of the United States and Puerto Rico" wall map shows metropolitan and micropolitan statistical areas (collectively referred to as core based statistical areas (CBSAs)), metropolitan divisions, and their component counties. Federal Reserve Bank of St. Louis; The graphic shows metropolitan area data in the top half and micropolitan area data in the bottom. 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. Currently, you are using a shared account. 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. Jeff Clabaugh | jclabaugh@wtop.com. In the nonmetropolitan portion of the United States, per capita personal income increased 7.7 percent, up from 3.6 percent. The most important key figures provide you with a compact summary of the topic of "Metropolitan areas in the U.S." and take you straight to the corresponding statistics. An official website of the United States government. . Join your peersin Atlanta for SSTI's 2023 Annual Conference, where we will focus on strengthening regional innovation economies. Millions of Chained 2012 Dollars 2019-12-12 to 2022-12-08 2001 to 2021. Real GDP increased in 50 counties, decreased in 415 counties, and was unchanged in 2 counties. Use the Zoom and Search options in the toolbar to the upper left to get a closer look at specific metros. Announcing SSTI's 2023 Annual Conference! Available: https://www.statista.com/statistics/248083/real-gross-domestic-product-gdp-of-the-united-states-by-metropolitan-area/, Real gross domestic product of the United States in 2021, by metropolitan area, Immediate access to statistics, forecasts & reports, Gross domestic product (GDP) per capita in the United States 2028, U.S. gross domestic product contributions 2000-2021, by sector, Real gross value added to the U.S. GDP, by sector 1990-2021, U.S. change in real value added to GDP 2022, by industry, U.S. change in value added to real GDP 2012-2022, by industry, U.S. gross domestic product 2022, by state, U.S. real gross domestic product 2022, by state, Percent change in per capita U.S. Real Gross Domestic Product (GDP) by state 2019, U.S. metro areas - ranked by Gross Metropolitan Product (GMP) 2021, U.S. real GDP annual percent change 2021, by metro area, U.S. real GDP per capita 2021, by metro area, United States share of global gross domestic product (GDP) 2028, GDP growth in the leading industrial and emerging countries 4th quarter 2022, Real GDP of Abbotsford-Mission, British Columbia 2013-2021, Real metropolitan GDP growth in Canada 2016, Annual change in real GDP of Edmonton, Alberta 2013-2020, Real GDP of Trois-Rivires, Quebec 2013-2021, Real GDP of Thunder Bay, Ontario 2013-2021, Annual change in real GDP of Ottawa-Gatineau, Ontario 2013-2020, Ranking of U.S. metro areas, by merchandise exports as a percentage of GMP 2010, Real GDP of St. John, New Brunswick 2013-2021, Annual change in real GDP of Calgary, Alberta 2013-2020, Real GDP of Greater Sudbury, Ontario 2013-2021. 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