Federal Reserve Economic Data

Table Data - Gross Domestic Product: All Industries in Somerset County, NJ

Title Gross Domestic Product: All Industries in Somerset County, NJ
Series ID GDPALL34035
Source U.S. Bureau of Economic Analysis
Release Gross Domestic Product by County and Metropolitan Area
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Thousands of U.S. Dollars
Date Range 2001-01-01 to 2023-01-01
Last Updated 2024-12-04 8:46 AM CST
Notes GDP by county is a measure of the market value of final goods and services produced within a county area in a particular period. While other measures of county economies rely mainly on labor market data, these statistics incorporate multiple data sources that capture trends in labor, revenue, and value of production. As a result, the capital-intensive industries are captured more fully than when measured solely by labor data.
DATE VALUE
2001-01-01 19949480
2002-01-01 20527699
2003-01-01 22405094
2004-01-01 22777714
2005-01-01 24505605
2006-01-01 27087234
2007-01-01 29723129
2008-01-01 29803558
2009-01-01 28740911
2010-01-01 28372848
2011-01-01 28027341
2012-01-01 29211429
2013-01-01 32719048
2014-01-01 34091920
2015-01-01 36626955
2016-01-01 38086864
2017-01-01 38605414
2018-01-01 40930170
2019-01-01 41878521
2020-01-01 41706382
2021-01-01 44882332
2022-01-01 49670701
2023-01-01 53270778

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