A message from Brian Moyer, Director of the Bureau of Economic Analysis.
Real GDP increased 2.1 percent in the fourth quarter of 2019, reflecting positive contributions from consumer spending, federal government spending, exports, residential fixed investment, and state and local government spending.
These federal government budget estimates, which are based on the proposed budget of the U.S. government, are often used to gauge the effects of the federal budget on U.S. economic activity.
A Primer on Local Area Gross Domestic Product Methodology: First Official Release of Gross Domestic Product by County, 2001–2018
A description of the GDP framework, source data, and methodology used to prepare BEA's official GDP by county estimates—the first of their kind to incorporate multiple data sources that capture trends in labor, revenue, and value of production.