gdp by metropolitan area 2020gdp by metropolitan area 2020

Real Gross Domestic Product (GDP) of the United States in 2020, by metropolitan area (in million chained 2012 U.S. dollars) [Graph]. The GDP by county statistics released today are consistent with the GDP by state statistics released on October 1, 2021, which were based on the July 2021 annual update of the National Income and Product Accounts and the September 2021 annual update of the Industry Economic Accounts. Clayton County, GA (24.3 percent), had the largest percent decrease in GDP. Use the Zoom and Search options in the toolbar to the upper left to get a closer look at specific metros. 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. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: In the following 5 chapters, you will quickly find the 26 most important statistics relating to "GDP of the United States". An official website of the United States government. Then you can access your favorite statistics via the star in the header. 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). Table 1. [3] The methodology of calculating GDP may differ between the studies and are widely based on projections and sometimes approximate estimations, notably for cities that are not within the Organisation for Economic Co-operation and Development. Major metropolitan areas contributing at least 2.5% of world GDP. To sign up for updates please enter your email address. Metro areas among the 100 largest in the country account for a. BScH graduate from Queen's University (April 2020), majoring in Geological Sciences. Across all micropolitan areas in 2020, the industry that contributed the most to metro GDP was manufacturing ($200 billion); followed by government and government enterprises ($185 billion); real estate and rental and leasing ($145 billion); educational services, health care, and social assistance ($93 billion); and retail trade ($83 billion). An official website of the United States government. Real GDP increased in 9 counties and decreased in 132 counties. GDP is the value of goods and services produced within a county. Learn more about how Statista can support your business. Designed and implemented transformation and change efforts within Canada's National Mapping Agency. 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. Contributions to growth are an industry's contribution to the state's overall percent change in real GDP. Page Last Revised - October 8, 2021 . The Perryman Group's latest forecast calls for significant year-over-year losses for 2020 . To use individual functions (e.g., mark statistics as favourites, set Share sensitive information only on official, secure websites. Like the US and Texas, these population centers will see significant losses this year, but a fairly rapid recovery once the worst virus issues have passed. This is a list of U.S. metropolitan areas by their gross domestic product. Per capita Real Gross Domestic Product (GDP) of the United States in 2020, by metropolitan area (in chained 2012 U.S. dollars), Find your information in our database containing over 20,000 reports, San Jose-Sunnyvale-Santa Clara, CA Metro Area, San Francisco-Oakland-Berkeley, CA Metro Area, Boston-Cambridge-Newton, MA-NH Metro Area, Bridgeport-Stamford-Norwalk, CT Metro Area, Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area, New York-Newark-Jersey City, NY-NJ-PA Metro Area, Hartford-East Hartford-Middletown, CT Metro Area, Des Moines-West Des Moines, IA Metro Area, Los Angeles-Long Beach-Anaheim, CA Metro Area, Austin-Round Rock-Georgetown, TX Metro Area, Houston-The Woodlands-Sugar Land, TX Metro Area, Minneapolis-St. Paul-Bloomington, MN-WI Metro Area, San Diego-Chula Vista-Carlsbad, CA Metro Area, Dallas-Fort Worth-Arlington, TX Metro Area, Chicago-Naperville-Elgin, IL-IN-WI Metro Area, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area, Atlanta-Sandy Springs-Alpharetta, GA Metro Area, Indianapolis-Carmel-Anderson, IN Metro Area, Portland-Vancouver-Hillsboro, OR-WA Metro Area, Nashville-Davidson--Murfreesboro--Franklin, TN Metro Area, Charlotte-Concord-Gastonia, NC-SC Metro Area, Oxnard-Thousand Oaks-Ventura, CA Metro Area, San Luis Obispo-Paso Robles, CA Metro Area, Burlington-South Burlington, VT Metro Area. Skilled project manager and advisor to government specialising in project feasibility; policy, commercial and financial analysis; program and project management - driving social and economic infrastructure development, planning, evaluation, assurance, and project delivery. Use Ask Statista Research Service. 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. There was also a wide variety in the industries that contributed the most to micropolitan area GDP in 2020. It can be used to compare the size and growth of county economies across the nation. <br><br>I currently advise government agencies and corporations in the water, transport, and arts and recreation sectors . Successfully completed federal Accelerated Executive Development Program for high performing federal leaders. 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. "Per capita Real Gross Domestic Product (GDP) of the United States in 2020, by metropolitan area (in chained 2012 U.S. This is a list of cities in the world by gross domestic product (GDP). Gross Domestic Product - forecast 2021-2032, Distribution of gross domestic product (GDP) across economic sectors in the U.S. 2019, Real gross value added to the U.S. GDP, by sector 1990-2021, Real value added U.S. GDP, by industry 2021, Change in real value added to the U.S. GDP by industry 2021, Change in value added to U.S. Real GDP, by industry 2010-2021, U.S. Official websites use .gov Use the Zoom and Search options in the toolbar to the upper left to get a closer look at specific metros. Real GDP growth by quarter in the U.S. 2012-2022, Real GDP growth rate by year in the U.S. 1990-2021, Countries with the largest gross domestic product (GDP) per capita 2021, Countries with the largest gross domestic product (GDP) 2021. WDI Tables. GDP by metropolitan area U.S. metro areas - ranked by Gross Metropolitan Product (GMP) 2021 U.S. metro areas: Real Gross Domestic Product (GDP) 2020 Percent change in U.S. Real. The most important key figures provide you with a compact summary of the topic of "GDP of the United States" and take you straight to the corresponding statistics. December 8, 2021. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Clicking on the following button will update the content below. Annual Resident Population Estimates for Combined Statistical Areas and Their Geographic Components: April 1, 2010 to July 1, 2019; April 1, 2020; and July 1, 2020 (CSA-EST2020) With each new release of annual estimates, the entire time series of estimates is revised for all years back to the last census. 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. Use Ask Statista Research Service. U.S. GDP rose at a 2.1 percent annual rate in Q4 2019, matching the 2.1 percent growth rate in the previous quarter. Minnesota's unemployment rate in October 2021 is back to where it was immediately before the global pandemic was declared in March 2020 at 3.5% (revised), down two-tenths of a percentage point from September, according to numbers released today by the Minnesota Department of Employment and Economic Development (DEED). His activity focuses on climate and energy policies, concentrating on the energy transition process and its geopolitical, economic, and social challenges. In 2020, the highest levels of regional GDP were recorded in major hubs of business activity (often within relatively large administrative areas). CSV XML EXCEL. May and June jobs reports for Texas and the state's largest metropolitan areas were encouraging and reflect the fact that as businesses began to reopen, what was essentially a sound economy before the pandemic responded relatively quickly. Values calculated by Statista using data provided by the source and Census Bureau 2020 population estimates, available here. 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. 06/12/2022 Financial Investigator 26/06/2021 Financial Intelligence Officer 10/12/2020 Cyber and Economic Crime Champions Aug 2008 to Dec 2020 I have investigated, developed and improved the Public Protection Desk (PPD) for the Metropolitan Police Service. To use individual functions (e.g., mark statistics as favourites, set This data is critical for government programs, policies, and decision-making. Dollars). While it focuses on metropolitan areas, the fundamental demographic and economic factors that guide the future of a region are the same. 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. Current Release Current Release: December 8, 2022 Next Release: December 7, 2023 Current Release After a period of rapid consolidation, U.S. metro inpatient markets are now stable oligopolies, with a small number of competing provider systems selling inpatient services to a small number of health insurers. The percent change in real personal income across all 50 states and the District of Columbia ranged from 7.2 percent in Nevada to -2.7 percent in Alaska. Hover the cursor over a metro in the interactive map below to see additional area details. Consumer Price Index and inflation in the U.S. In the United States, a metropolitan statistical area (MSA) is a geographical region with a relatively high population density at its core and close economic ties throughout the area.Such regions are neither legally incorporated as a city or town would be, nor are they legal administrative divisions like counties or separate entities such as states; because of this, the precise definition of . Finally, it should be noted that to account for some outdated subdivision participation data, the map creator calculated 2021 estimates for this using the formula: national GDP (2021) x % of subdivision participation (2017-2020). Career-focussed interests include understanding structural and hydrothermal . We forecast an addition of nearly 351,900 net new positions through 2025, a 2.49% yearly pace. 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. 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. The biggest contributor to GDP growth was a sharp decline in imports, and the largest drag on growth was a decline in inventory investment. This is a significant increase from 2020, when the GDP of the New York metro area fell to 1.51 trillion dollars. If you are an admin, please authenticate by logging in again. Horticulture has come a long way in the last several years, particularly in terms of land and crop area, productivity, crop diversity, technology interventions for production, and post-harvest and forward connections through value addition and marketing. DataBank. (December 8, 2021). Note the GDP scale change as compared to the previous metro area map. ", BEA, Real Gross Domestic Product (GDP) of the United States in 2020, 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 January 19, 2023), Real Gross Domestic Product (GDP) of the United States in 2020, by metropolitan area (in million chained 2012 U.S. dollars) [Graph], BEA, December 8, 2021. 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 Perryman Group's most recent economic projections for Texas' largest metropolitan areas incorporate the potential effects of COVID-19 and the downturn in the energy sector. Only the 100 leading metropolitan areas are shown. Metropolitan area 2017 GDP per capita (chained 2009 US-Dollars) 1 Midland, TX Metropolitan Statistical Area: 174,749 2 San Jose-Sunnyvale-Santa Clara, CA Metropolitan Statistical Area: 128,308 3 San Francisco-Oakland-Hayward, CA Metropolitan Statistical Area: 89,978 4 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 U.S. Bureau of Economic Analysis breaks down GDP by metro areas, letting you easily see the biggest economic engines in the country. 11 March 2007: The tables provide GDP figures for cities and their surrounding urban areas in 2020. Chart. However, real GDP by county does not capture geographic differences in the prices of goods and services that are produced and sold locally. Use the Zoom and Search options in the toolbar to the upper left to get a closer look at specific areas. 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). Hover the cursor over a metro in the interactive map below to see additional area details. December 8, 2021. An official website of the United States government. This commentary provides 10-year economic and population forecasts for the top 20 U.S. metropolitan areas, using REMIa comprehensive economic/demographic forecasting model. . the General Building Contractors Association, and Cozen O'Connor for the 5th annual Economic Forecast. A .gov website belongs to an official government organization in the United States. 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 . In states including Arizona, California, Maryland, and New York, metro areas generate at least 95 percent of state GDP. 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 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Emerita is a public policy thought leader, former U.S. diplomat, and non-profit executive with over 15 years of experience. As seen in the interactive map below, the metro area that had the greatest total GDP in 2020 was New York-Newark-Jersey City, NY-NJ-PA ($1.81 trillion); followed by Los Angeles-Long Beach-Anaheim, CA ($1.01 trillion); Chicago-Naperville-Elgin, IL-IN-WI ($693 billion); San Francisco-Oakland-Berkely, CA ($588 billion); and, Washington-Arlington-Alexandria, DC-VA-MD-WV ($561 billion). Statista. The graphic shows metropolitan area data in the top half and micropolitan area data in the bottom. 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. The range of the study started from the Qin Dynasty, the Japanese occupation period, to the present day in Taipei and its surrounding areas. - Full Size", "Global Wealth PPP Distribution: Who Are The Leaders Of The Global Economy? She has led high stakes diplomacy, UN and multilateral engagement . Also referred to as "nominal GDP" or "current-price GDP.". We are happy to help. 4600 Silver Hill Road Suitland, MD 20746, Interactive Tables: GDP by county and MSA, A Primer on Local Area Gross Domestic Product Methodology, A Research Agenda for Measuring GDP at the County Level, An Overview of the GDP by County Methodology, A Look at Counties Economic Growth by Region, Guest Blog: New County GDP Data Will Help County Leaders Strategize and Plan, Research Spotlight: New County-Level Gross Domestic Product, First Official County GDP Stats Coming Dec. 12. Quantities, or "real" measures, are expressed as index numbers with a specified reference year equal to 100 (currently 2012). During these events, the metro transported more than 1.2 million passengers. Austin grew by 33% between 2010 and 2020, far faster than any other large metro area. Real values are inflation-adjusted statisticsthat is, these exclude the effects of price changes. Metropolitan and micropolitan statistical area tables are available here. The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Browse our collection of stories and more. This text provides general information. Access demographic, economic and population data from the U.S. Census Bureau. - Full Size", "Gross domestic product (GDP) at basic prices, by census metropolitan area (CMA)", "Population estimates, July 1, by census metropolitan area and census agglomeration, 2016 boundaries", "Population on 1 January by age groups and sex - functional urban areas", "President: Almaty turns into large regional investment attractive centre", "Posio ocupada pelos maiores municpios brasileiros em relao ao Produto Interno Bruto, Est. Experienced in bedrock mapping, prospecting, drill hole planning, core logging, GIS and related exploration operations. If you are an admin, please authenticate by logging in again. BEA. Similar to GDP, GMP is defined as the market value of all final goods and services produced within a metropolitan area in a given period of time. The economic fallout will be significant for each, with the . "Per Capita Real Gross Domestic Product (Gdp) of The United States in 2020, by Metropolitan Area (in Chained 2012 U.S. In 2019, key sport events included the final of HH the Amir's Cup, the 24th Arabian Gulf Cup and the FIFA Club World Cup 2019, in addition to the National Day celebrations that took place across the city. ) or https:// means youve safely connected to the .gov website. The map size is 55.5 x 36 inches. Consumer Price Index and inflation in the U.S. Real Gross Domestic Product (GDP) of the United States in 2020, 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. The transportation and warehousing industry was the leading contributor to the decrease. <br><br>Since 2008, he developed Regenerative, Social & circular economy projects:<br><br>> Co-author of the parliamentary report on the circular economy in the Walloon Region: 55 measures anchored in a resolution . Per capita Real Gross Domestic Product (GDP) of the United States in 2020, by metropolitan area (in chained 2012 U.S. dollars) [Graph]. Constitutes a city, as not all cities may be classified using the criteria. 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