OEA Office of Economic Adjustment Office : BEA Releases Prototype GDP by County 2012-2015

The Department of Commerce's Bureau of Economic Analysis released prototype statistics for gross domestic product (GDP) by county for 2012-2015. Combined with BEA's county estimates of personal income, GDP by county offers a more complete picture of local area economic conditions. In conjunction with their release, BEA is requesting feedback and comments on these prototype statistics to assist in improving their quality, reliability and usefulness.

These prototype GDP statistics, which provide detail for 3,113 counties, include industry breakouts for private goods-producing industries, private services-producing industries, and the government and government enterprises industry group. These statistics represent another step forward in meeting BEA's long-standing goal of providing a more detailed geographic distribution of the nation's economic activity. County-level GDP statistics will assist analysts in the assessment of local economic performance and policymakers in the development of strategies to promote economic growth. They will also help answer important questions related to the size and condition of local area economies, industrial composition, and comparative growth trends.

Access highlights and more data here: https://www.bea.gov/news/2018/prototype-gross-domestic-product-county-20....