Economic Development Futures Journal

Sunday, August 03, 2003

counter statistics

Track Regional Economic Output

While good data is scarce at the local level, economic output is the best overall measure of economic performance. Economy.com assembles data on metropolitan economic output (MEO) annually.

In 2002, the NY City region had the largest economic output, which was valued at $523 billion. The Phoenix metro area, by comparison, had a MEO of $133 billion. The Cleveland region weighed in at $88 billion. Meanwhile, Fort Wayne, IN was $17.1 billion. Finally, Enid, Ok was the smallest of the 318 ranked metro areas with a MEO of $1.6 billion.

If you subscribe to Economy.com, go here to see the rankings.

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