Kern GMP Growth Continues
Published by David Lyman on VisitBakersfield.com on September 18, 2014.
Excerpted from Buffalo Business First, September 17, 2014.
Kern County wields more than $39 billion in economic clout, according to new figures released Tuesday morning by the U.S. Bureau of Economic Analysis (BEA).
The gross metropolitan product (GMP) of Kern County is $39.7 billion. GMP measures the total annual output of all goods and services within a given area.
Kern is ranked 66th out of all 381 U.S. metropolitan areas. Its three-year GMP growth rate was 18.58%.
Among California Central Valley metros, Kern ranked second, topped only by Sacramento at $108 billion (32nd nationally and three-year growth rate of 12.89%). Fresno was third at $37 million (60th nationally, 17.21% three-year growth rate). The latest figures in the new BEA report are for 2013.
BEA data on all California metros are below: the Bakersfield metro area includes all of Kern County.
|
Metro |
GMP (2010) |
GMP (2013) |
2013 rank |
3-year change |
|
Los Angeles-Long Beach-Anaheim, CA |
$757,003,000,000 |
$826,826,000,000 |
2 |
9.22% |
|
San Francisco-Oakland-Hayward, CA |
$334,610,000,000 |
$388,272,000,000 |
7 |
16.04% |
|
San Diego-Carlsbad, CA |
$175,201,000,000 |
$197,886,000,000 |
16 |
12.95% |
|
San Jose-Sunnyvale-Santa Clara, CA |
$165,201,000,000 |
$196,829,000,000 |
17 |
19.15% |
|
Riverside-San Bernardino-Ontario, CA |
$113,648,000,000 |
$126,761,000,000 |
24 |
11.54% |
|
Sacramento--Roseville--Arden-Arcade, CA |
$95,816,000,000 |
$108,165,000,000 |
32 |
12.89% |
|
Oxnard-Thousand Oaks-Ventura, CA |
$39,806,000,000 |
$46,074,000,000 |
59 |
15.75% |
|
Bakersfield, CA |
$33,481,000,000 |
$39,702,000,000 |
66 |
18.58% |
|
Fresno, CA |
$31,606,000,000 |
$37,045,000,000 |
70 |
17.21% |
|
Santa Maria-Santa Barbara, CA |
$20,239,000,000 |
$23,695,000,000 |
98 |
17.08% |
|
Stockton-Lodi, CA |
$20,215,000,000 |
$22,470,000,000 |
104 |
11.16% |
|
Santa Rosa, CA |
$20,128,000,000 |
$21,880,000,000 |
106 |
8.70% |
|
Salinas, CA |
$18,132,000,000 |
$20,299,000,000 |
115 |
11.95% |
|
Modesto, CA |
$15,758,000,000 |
$18,063,000,000 |
124 |
14.63% |
|
Vallejo-Fairfield, CA |
$15,071,000,000 |
$16,281,000,000 |
135 |
8.03% |
|
Visalia-Porterville, CA |
$11,762,000,000 |
$14,227,000,000 |
149 |
20.96% |
|
San Luis Obispo-Paso Robles-Arroyo Grande, CA |
$11,062,000,000 |
$12,396,000,000 |
169 |
12.06% |
|
Santa Cruz-Watsonville, CA |
$9,438,000,000 |
$10,901,000,000 |
183 |
15.50% |
|
Napa, CA |
$7,013,000,000 |
$8,054,000,000 |
215 |
14.84% |
|
Merced, CA |
$6,134,000,000 |
$7,566,000,000 |
220 |
23.35% |
|
Chico, CA |
$6,235,000,000 |
$6,861,000,000 |
238 |
10.04% |
|
El Centro, CA |
$4,813,000,000 |
$5,643,000,000 |
271 |
17.24% |
|
Yuba City, CA |
$4,806,000,000 |
$5,475,000,000 |
282 |
13.92% |
|
Hanford-Corcoran, CA |
$4,482,000,000 |
$5,445,000,000 |
284 |
21.49% |
|
Redding, CA |
$5,024,000,000 |
$5,310,000,000 |
289 |
5.69% |
|
Madera, CA |
$3,812,000,000 |
$5,160,000,000 |
300 |
35.36%
|