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Layer: Chained-Dollar Values of GDP by County (2001-2019) (ID: 62)

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Name: Chained-Dollar Values of GDP by County (2001-2019)

Display Field: geoname

Type: Feature Layer

Geometry Type: esriGeometryPolygon

Description: ---------- Data Description ----------Data Name: chainGDP_2001to2019_AREA.shpData Description: AREA includes individual layer for County, State, NationData Format: ESRI Shapefile - Polygon (MultiPolygon)Date Created: 05/12/2023Date Published: Date of Last Recorded Update: 05/12/2023CRS: EPSG:4269 - NAD83 - GeographicX Minimum: -179.23108600000000479Y Minimum: -14.60181299999999993X Maximum: 179.85968099999999481Y Maximum: 71.43978599999999801Brief Description: Chained GDP data obtained from the U.S. Bureau of Economic Analysis processed to be a spatial data layer. Units are in thousands of chained 2012 dollars. Data includes four industry descriptions: All industry total (A), Mining, quarrying, and oil and gas extraction (MiQOG), Manufacturing (Ma), Natural resources and mining (NRMi). Processing steps: Using R packages "sp", "tigris", "maptools", "dplyr", "sf", "tidycensus" the data obtained from the U.S. Bureau of Economic Analysis was imported into R Studio and spatial layers for county, state, and nation were called to the workspace. The GDP data was subsetted for industries of interest and abbreviated, then converted from long to wide format. The GDP tables were joined to the spatial boundary layers, cleaned for data type (converted to numeric) and exported as shapefiles. ---------- Source Information ----------Data Source Information: U.S. Bureau of Economic Analysis, Baumgardner, F., Hinson, J., & O’Connell, C., Gross Domestic Product by County, 2021 (2022). Retrieved from https://www.bea.gov/data/gdp/gdp-county-metro-and-other-areas. Data Source Web Link: https://www.bea.gov/data/gdp/gdp-county-metro-and-other-areasData Source Description: Gross domestic product (GDP) by county is the value of goods and services produced by the county's economy less the value of goods and services used up in production. GDP by county is the substate counterpart of the nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Chained-dollar values of GDP by county are derived by applying national chain-type price indexes to the current dollar values of GDP by county for 65 detailed North American Industry Classification System-based industries. The chain-type index formula that is used in the national accounts is then used to calculate the values of total real GDP by county and real GDP by county at more aggregated industry levels. Real GDP by county may reflect a substantial volume of output that is sold to other areas and countries. To the extent that a county's output is produced and sold in national markets at relatively uniform prices (or sold locally at national prices), real GDP by county captures the differences across counties that reflect the relative differences in the mix of goods and services that the areas produce. However, real GDP by county does not capture geographic differences in the prices of goods and services that are produced and sold locally.---------- Acquisition Information ----------Acquired by: Casey WhiteAcquisition date: 05/12/2023Contact Information: casey.white@NETL.DOE.GOV ---------- Additional Information ----------Units: Thousands of chained 2012 dollarsColumn format: INDUSTRY_YEARA: All industry totalMiQOG: Mining, quarrying, and oil and gas extractionMa: ManufacturingNRMi: Natural resources and mining

Service Item Id: 22aaf2e337974faf8369d53ce09ae988

Copyright Text: U.S. Bureau of Economic Analysis, National Energy Technology Laboratory

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MaxRecordCount: 2000

Supported Query Formats: JSON, geoJSON, PBF

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Supports Calculate: true

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