VITAL SIGNS INDICATOR Economic Output (EC13) FULL MEASURE NAME Gross regional product LAST UPDATED August 2022 DESCRIPTION Economic output is measured by the total and per-capita gross regional product (GRP) and refers to the value of goods and services generated by workers and companies in a region. DATA SOURCE Bureau of Economic Analysis: Regional Economic Accounts - http://www.bea.gov/regional/ 2001-2020 California Department of Finance: E-4 Historical Population Estimates for Cities, Counties, and the State - https://dof.ca.gov/forecasting/demographics/estimates/ 1970-2021 US Census Population and Housing Unit Estimates - https://www.census.gov/programs-surveys/popest.html 2001-2020 Bureau of Labor Statistics: Consumer Price Index - https://download.bls.gov/pub/time.series/cu 2012, 2020 CONTACT INFORMATION vitalsigns.info@bayareametro.gov METHODOLOGY NOTES (across all datasets for this indicator) Data is inflation-adjusted by using both nominal and real data developed by Bureau of Economic Analysis (BEA) and appropriately escalating real GRP data in 2012 chained dollars to 2020 dollars using metropolitan statistical area (MSA)-specific Consumer Price Index data from Bureau of Labor Statistics. Economic output per capita is calculated using CA Department of Finance historical population estimates and Census historical population estimates for Metro areas.

Tags: vital signs, vital signs 2.0, ec13