The U.S. Bureau of Economic Analysis released the first official estimates of GDP by county for 2001-2018, showing real GDP increased in 2,375 counties, decreased in 717, and was unchanged in 21.
Why it matters. Economists and policymakers will use these detailed county-level GDP data to better understand regional economic performance and inform policy decisions.
Real gross domestic product (GDP) increased in 2,375 counties, decreased in 717, and was unchanged in 21 in 2018, according to estimates released today by the U.
Real gross domestic product (GDP) increased in 2,375 counties, decreased in 717, and was unchanged in 21 in 2018, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). The percentage change in real GDP ranged from 86.5 percent in Jackson County, WV, to -44.0 percent in Grant County, ND, (table 1).
This is BEA's first official release of GDP by county statistics for 2001–2018 for all counties in the United States. The GDP by county statistics incorporate new and additional source data and methodology improvements to the December 2018 prototype GDP by county statistics. This release also expands the industry detail. The new GDP by county statistics along with BEA's county estimates of person…
