BEA Introduces New Measures of the Metropolitan Economy Prototype Estimates of Gross Domestic Product (GDP) by Metropolitan Area, 2001-2005

Source: Bureau of Economic Analysis, U.S. Department of Commerce, Press Release, BEA 07-45, September 26, 2007

Today, the U.S. Bureau of Economic Analysis released experimental measures of economic output produced in the Nation’s metropolitan areas. GDP by metropolitan area is the measure of the market value of final goods and services produced within a metropolitan area in a particular period of time. GDP is BEA’s preferred and most comprehensive measure of economic activity. Metropolitan (statistical) areas, defined by the U.S. Office of Management and Budget, are standardized county-based areas having at least one urbanized area of 50,000 or more population, plus adjacent territory that has a high degree of social and economic integration with the core, as measured by commuting ties.
See also:
Real GDP by Metropolitan Area, 2001-2005 tables
Highlights

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