Monthly Archives: December 2019

Examining How Metro GDP is Changing

.. which metros had the largest 2018 real GDP? How did they change since 2010? How to they compare on a per capita basis? What about metros of interest to you? Read on …

As an investor, business or stakeholder in a metro, it is important to know how and where the economy is changing … and how one or selected metros relate to the U.S. and other metros. Is metro X changing in a different direction than metro Y? By how much, why and is there a pattern? What does the healthcare sector, for example, contribute to a metro’s gross domestic product (GDP)? How does it compare to peer metros? How is the healthcare industry trending? Metro GDP data can provide insights and answers to these important questions.  See related main Web page.

In 2018, per capita real gross domestic product (GDP) in MSAs ranged from $19,299 (The Villages, FL MSA) to $196,277 (Midland, TX MSA). The percent change in per capita real GDP by metro, 2010 to 2018 ranged from -24% (New Orleans-Metairie, LA MSA) to 126.6% (Midland, TX MSA). Use the interactive table to view these and related data.

Change in Per Capita Real GDP by Metro; 2010-2018
The following graphic shows patterns of change in per capita real GDP by metro (MSA) from 2010 to 2018. Label shows 2018 rank of the metro among all 384 MSAs based on 2018 per capita real GDP. Click graphic for larger view. Expand browser to full window for best quality view.

— view created using ProximityOne CV XE GIS and associated GIS project

Top 25 Metros (MSAs) based on 2018 per capita real GDP
The following graphic shows the top 25 metros (MSAs) based on 2018 per capita real GDP labeled with rank. Click graphic for larger view. Expand browser to full window for best quality view.

— view created using ProximityOne CV XE GIS and associated GIS project
 
Using the Interactive Table – 10 largest metros based on 2018 real GDP
— insights into comparative analytics and trends.
— view, rank, compare districts based on your criteria.
— example, which metros have the largest 2018 real GDP?
Use the interactive table to examine GDP characteristics and trends of metros. The following view illustrates use of the table. This view shows use a query to show the ten metros ranked on 2018 real GDP. Click graphic for larger view.

Try using the interactive table to examine metros of interest.

Demographic-Economic Analytics Web Sessions
Join me in a Demographics Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.