Gross Domestic Product by Metropolitan Area: New Statistics for 2016 and Updated Statistics for 2001-2015

摘要

REAL GROSS DOMESTIC PRODUCT (GDP) grew in 267 of the nation's 382 metropolitan areas in 2016, according to statistics released by the Bureau of Economic Analysis on September 20, 2017. Real GDP - the sum of current-dollar GDP for all metropolitan areas deflated by national price measures - grew 1.7 percent in 2016 down from 2.9 percent in 2015. Metropolitan area growth in 2016 ranged from 8.1 percent in Lake Charles, LA, and Bend-Redmond, OR, to -13.3 percent in Odessa, TX (chart 1). GDP by metropolitan area - the counterpart to GDP in the national income and product accounts (NIPAs) - is the most comprehensive measure of overall economic activity in a metropolitan area.