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GDP by Metropolitan Area for 2006 and Revised 2004-2005
October 3, 2008 12:08
GDP by Metropolitan Area for 2006 and Revised 2004-2005
Source: Bureau of Economic Analysis
Newly available statistics released today by the U.S. Bureau of Economic Analysis show that real GDP by metropolitan area grew in 308 of 363 metropolitan (statistical) areas in 2006. Growth in the metropolitan portion of the United States was 3.2 percent in 2006, slightly greater than the 3.1 percent growth in 2005. Strong growth in financial industries—specifically real estate and securities, commodity contracts, and investments—accounted for 39 percent of U.S. metropolitan area GDP growth in 2006. Contraction in the construction industry tempered growth in most metropolitan areas.
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