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County GDP Statistics Coming December 4
SUITLAND, Md. – The size of every county economy in 2023, with industry detail, will be released by the U.S. Bureau of Economic Analysis on December 4 at 8:30 a.m. Eastern.
The report will cover the year 2023 for all counties and parishes the United States. The data will include contributions to GDP by industries, such as manufacturing, retail trade, and health and social assistance. Data for metropolitan areas will also be released on BEA’s website at the same time.
In addition to industry contributions to GDP, the data will include current-dollar GDP; inflation-adjusted or real GDP; percent change from the preceding year; and quantity indexes.
The county statistics can be used for comparisons to other counties, metropolitan areas, state economies, or the nation overall.
They can answer questions such as:
- What is the size of a county economy?
- Is its economy growing or declining?
- In which industries does the county specialize?
- What industries are driving its growth?
- What has been the local economic growth trend over time?
Business owners, county officials, and policymakers at all levels of government can use these statistics to make better-informed decisions about investments, economic development, or economic policies.
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