Boston-Cambridge-Quincy, MA-NH Metropolitan Area Report Gross Metropolitan Product Real GMP Nominal GMP

U.S. METRO ECONOMIES | JUNE 2014
REPORT ON GMP AND EMPLOYMENT--2013-2015
Metropolitan Area: Boston-Cambridge-Quincy, MA-NH
Boston-Cambridge-Quincy, MA-NH Metropolitan Area Report
Gross Metropolitan Product
Real GMP
Average annual
percent change
2010-2012
2.2
2013
Percent change
from previous year
Billions
Rank (2005$) Rank 2013
119
301.5
9
1.9
2014
2.5
2020
Nominal GMP
Average annual
percent change
$Billions
Billions
2015 (2005$) 2013-2020 Rank 2012 2013 Rank 2014 2015
3.0 366.3
145 336.2 347.0 9
361.2 379.4
2.8
Employment and Unemployment
Pre-recession peak to trough
employment
Jobs losses
in recession Decline
Return
(thous.)
(%)
Rank
to peak
-99.3
-4
299
2012Q3
Total employment
(Percent change from
previous year and rank)
2013 2014 2015
% change 1.5
Rank
167
1.7
142
End of year unemployment rates
Change
20121.6 2012 2013 2014 2015 2016 2016 Rank
-1.7
249
245 6.2 6.4 5.3 4.8 4.5
The United States Conference of Mayors
Council on Metro Economies and the New American City
Prepared by IHS Global Insight