Federal Reserve Economic Data

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

Title Gross Domestic Product: All Industries in Torrance County, NM
Series ID GDPALL35057
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 370883
2018-01-01 400344
2019-01-01 410379
2020-01-01 450892
2021-01-01 576055
2022-01-01 674500

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