| Title |
Real Gross Domestic Product: All Industries in Torrance County, NM |
| Series ID |
REALGDPALL35057 |
| Source |
U.S. Bureau of Economic Analysis |
| Release |
Gross Domestic Product by County and Metropolitan Area |
| Seasonal Adjustment |
Not Seasonally Adjusted |
| Frequency |
Annual |
| Units |
Thousands of Chained 2017 U.S. Dollars |
| Date Range |
2001-01-01 to 2023-01-01 |
| Last Updated |
2024-12-04 8:40 AM CST |
| Notes |
GDP by county is a measure of the market value of final goods and services produced within a county area in a particular period. While other measures of county economies rely mainly on labor market data, these statistics incorporate multiple data sources that capture trends in labor, revenue, and value of production. As a result, the capital-intensive industries are captured more fully than when measured solely by labor data. |