Federal Reserve Economic Data

Table Data - Gross Domestic Product: All Industries in Socorro County, NM

Title Gross Domestic Product: All Industries in Socorro County, NM
Series ID GDPALL35053
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 2017-01-01 to 2022-01-01
Last Updated 2023-12-18 2:23 PM 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
2017-01-01 489513
2018-01-01 495081
2019-01-01 512044
2020-01-01 515730
2021-01-01 543469
2022-01-01 594113

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