Columbus, OH - According to Colin Edwards of SSTI, "This edition of Useful Stats examines the Bureau of Economic Analysis’ first full release of county-level gross domestic product (GDP) data. Specifically, this analysis considers total county GDP in 2018 and the contributions to each county’s GDP by industry."
While finance and insurance in New York ($222.5 billion) accounted for the single largest contribution to both total county GDP and total U.S. GDP in 2018 — followed by real estate and rental and leasing in Los Angeles ($150.2 billion) — the manufacturing sector was the highest contributor to county GDP in the greatest number of counties. Manufacturing was the primary source for county GDP in 927 out of more than 3100 counties — accounting for nearly $2.3 trillion of total U.S. GDP in 2018. Government and government enterprises (768 counties) accounted for the second most frequent leader in county GDP contributions — totaling $2.4 trillion nationally — followed by real estate and rental and leasing (647 counties) — totaling $2.7 trillion nationally. The next closest industry was agriculture, forestry, fishing and hunting which was the top contributor to GDP in only 209 counties — and only accounting for a national total of $138.4 billion.
The map below shows counties with manufacturing, government, real estate, mining, and agriculture as their predominant industry. The map shows that manufacturing is the leading industry in counties in the Midwest and South while agriculture is centered primarily within the Plains region. Mining is clustered in west Texas, Nevada, western North Dakota, and the Appalachian region of Ohio, Pennsylvania, and West Virginia, with additional pockets of concentration spread through the Rocky Mountain Range. Real estate is concentrated on the coasts, specifically in the Pacific Northwest, Florida, and northern New England. Government is spread much more evenly across the country.
For more: https://ssti.org/blog/useful-stats-gdp-county-and-industry-contribution?utm_source=SSTI+Weekly+Digest&utm_campaign=3e18ea7359-EMAIL_CAMPAIGN_2020_01_30_06_00&utm_medium=email&utm_term=0_ecf5992d4c-3e18ea7359-220101229
The map below shows counties with manufacturing, government, real estate, mining, and agriculture as their predominant industry. The map shows that manufacturing is the leading industry in counties in the Midwest and South while agriculture is centered primarily within the Plains region. Mining is clustered in west Texas, Nevada, western North Dakota, and the Appalachian region of Ohio, Pennsylvania, and West Virginia, with additional pockets of concentration spread through the Rocky Mountain Range. Real estate is concentrated on the coasts, specifically in the Pacific Northwest, Florida, and northern New England. Government is spread much more evenly across the country.
For more: https://ssti.org/blog/useful-stats-gdp-county-and-industry-contribution?utm_source=SSTI+Weekly+Digest&utm_campaign=3e18ea7359-EMAIL_CAMPAIGN_2020_01_30_06_00&utm_medium=email&utm_term=0_ecf5992d4c-3e18ea7359-220101229
