Federal Reserve Economic Data

Total Gross Domestic Product for Richmond, VA (MSA) (NGMP40060)

Observation:

2022: 109,512.938 (+ more)   Updated: Dec 18, 2023 2:13 PM CST
2022:  109,512.938  
2021:  100,834.922  
2020:  92,841.631  
2019:  92,459.085  
2018:  88,428.119  
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Units:

Millions of Dollars,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Economic Analysis  

Release: Gross Domestic Product by County and Metropolitan Area  

Units:  Millions of Dollars, Not Seasonally Adjusted

Frequency:  Annual

Notes:

The All industry total includes all Private industries and Government.

Gross domestic product (GDP) by metropolitan area is the measure of the market value of all final goods and services produced within a metropolitan area in a particular period of time. In concept, an industry's GDP by metropolitan area, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). GDP by metropolitan area is the metropolitan area counterpart of the nation's, BEA's featured measure of U.S. production.

For more information about this release go to http://www.bea.gov/newsreleases/regional/gdp_metro/gdp_metro_newsrelease.htm.

Suggested Citation:

U.S. Bureau of Economic Analysis, Total Gross Domestic Product for Richmond, VA (MSA) [NGMP40060], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/NGMP40060, .

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