Quarterly. Agriculture includes farming, fishing, and forestry. In nominal data, China is forecast to become a $15 trillion economy in 2020. This subsector is responsible 72% of jobs (141,000 jobs), 68% of employee compensation ($4.2 billion), and 67% of economic output ($12 billion). The decision to produce GDP by industry at basic prices rather than at factor cost was primarily an Aggregates are based on constant 2010 U.S. dollars. Some industries in some states had rebounded completely, but those are the exceptions. ... Biden Pledges Action to Address Economy and Pandemic. Graph and download revisions to economic data for from 2012 to 2015 about goods-producing; New York County, NY; New York; NY; private; industry; GDP; and USA. St. Louis, MO 63102, http://www.bea.gov/newsreleases/regional/gdp_state/qgsp_newsrelease.htm, More You can also report this problem to the BCTC Help Desk by calling 646-312-1010 or emailing email@example.com. U.S. Bureau of Economic Analysis, That helped New York-based WW, formerly known as Weight Watchers, fatten its subscriber base to 4.7 million in the quarter ended Sept. 26, … In most states, nearly every industry was down jobs from February. This can not be undone. Brooklyn has an unemployment rate of 4.7%. New York City's gross domestic product is expected to surpass Tokyo's by 2035. National Accounts 1993 (SNA 1993) recommendation and since then GDP by industry is recorded at basic prices The new basic price GDP by industry is equal to the traditional value at factor cost plus taxes less subsidies on the factors of production. Here is a breakdown of the economic contribution of each: Food service is the backbone of New York City's nightlife economy with 19,400 establishments. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Real New York GDP, at $1,772.261 bn in 2019, is at the highest level recorded to date. 9.8 11.6 9.3 12.1 16.0 6.4 3.2 2.9 3.0 3.5 4.7 3.3 0.0 10.0 20.0 Richmond County Queens County New York County Kings County Bronx County United States ... New York City Economic Summary Author: U.S. Bureau of Labor Statistics (none), The following services may still be available, One Bernard Baruch Way (55 Lexington Ave. at 24th St), Please click on this link to take the survey. Federal Reserve Bank of St. Louis; In PPP, the biggest economy, China shares 18.6% of the world, and lowest-ranked Tuvalu shares 0.00004 percent. Millions of Dollars, Seasonally Adjusted Annual Rate, Frequency: https://fred.stlouisfed.org/series/NYNQGSP, Annual percentage growth rate of GDP at market prices based on constant local currency. They are key to assessing and comparing the economic performance of state, local and regional economies over time. Gross Domestic Product (Third Estimate), Corporate Profits (Revised), and GDP by Industry, Third Quarter 2020 Real gross domestic product (GDP) increased at an annual rate of 33.4 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19.
Releases from U.S. Bureau of Economic Analysis, More Data in this graph are copyrighted. Gross Domestic Product (GDP) Select Industry Sectors By Metropolitan Statistical Area (MSA)** New York - Newark - Jersey City, NY-NJ-PA The economic importance of tourism to New York City's economy is substantial. One Federal Reserve Bank Plaza, employment on nonfarm payrolls and employment by major industry sector. Over the 5 years ending in 2019 the New York economy grew in real terms by 14.75% at a compound annual growth rate of 2.79% per year. Graph and download revisions to economic data for from 2012 to 2015 about New York County, NY; services-providing; New York; NY; private; industry; GDP; and USA. By The New York Times. U.S. Bureau of Economic Analysis, Release: