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Article: Introducing new measures of the metropolitan economy: prototype GDP-by-metropolitan-area estimates for 2001-2005.
- Article from:
- Survey of Current Business
- Article date:
- November 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 U.S. Government Printing Office. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ON SEPTEMBER 26, 2007, the U.S. Bureau of Economic Analysis (BEA) released experimental measures of gross domestic product (GDP) by metropolitan area. GDP by metropolitan area is a measure of the market value of final goods and services produced within a metropolitan area in a particular period. (1) These estimates complement BEA's ongoing efforts to provide comprehensive and consistent measures of economic activity.
These prototype estimates were prepared by BEA in response to user demand for more in-depth economic data about metropolitan areas. BEA tentatively plans to update the estimates annually and to possibly accelerate their release. The new estimates can ...