Mostly Cloudy68° FULL FORECASTMostly Cloudy68° FULL FORECAST
Make us your home page
Instagram

Venture

Robert Trigaux

In GDP growth, Tampa Bay trailed most of Florida's bigger metro areas in 2010

14

September

2010gdpmapsoutheastbea.png

Wake up and good morning. The map above shows how fast -- and slow -- gross domestic product (GDP) of metro areas grew in the southeastern United States in 2010. In Florida, as the map indicates, metro GDP growth was as slow or slower than most other states in the Southeast.

Tampa Bay's GDP expansion in 2010 was positive, after several years of shrinking, but still slower than many other major metro areas in the state, according to the U.S. Bureau of Economic Analysis report out this week. Here's the BEA report, and here's an overview from the St. Petersburg Times.

So how is Tampa Bay's economy doing? The good news is that it was at least one of 304 out of 366 U.S. metro areas to have positive GDP growth in 2010. The bad news is Tampa Bay trailed most other larger Florida metro areas (notably Orlando, Jacksonville and even Miami-Fort Lauderdale) in growth that year.

But eight other, mostly smaller Florida metro areas trailed Tampa Bay's GDP growth in 2010. Vero Beach ranked 363 of 366 metro areas because its 2010 GDP actually shrunk 3.6 percent.

Overall, nationwide, Tampa Bay's GDP was No. 23 in size in 2010. Miami-Fort Lauderdale ranked No. 11, Orlando ranked 29th and Jacksonville ranked 46th. 

Here's a sample of Florida metro areas and where they rank nationally out of 366 in GDP growth in 2010. The listing is in order of 2010 GDP growth:

 

Palm Bay-Melbourne-Titusville: 40

Panama City-Lynn Haven-Panama City Beach: 106

Gainesville: 124

Orlando-Kissimmee-Sanford: 154

Jacksonville: 176

Naples-Marco Island: 199

Pensacola-Ferry Pass-Brent: 213

Palm Coast: 214

Deltona-Daytona Beach-Ormond Beach: 233

Miami-Fort Lauderdale-Pompano Beach: 244

Tampa-St. Petersburg-Clearwater: 259

Port St. Lucie: 267

Tallahassee: 269

North Port-Bradenton-Sarasota: 279

Lakeland-Winter Haven: 294

Punta Gorda: 296

Crestview-Fort Walton Beach, Destin: 315 

Ocala: 321

Sebastian-Vero Beach: 363

The No. 1 metro area for growth in 2010 was, of all places, Elizabethtown, Ken. And No. 336, dead last, was Vallejo-Fairfield, Calif. 

-- Robert Trigaux, Business Columnist, St. Petersburg Times

 

 

 

[Last modified: Wednesday, September 14, 2011 8:40am]

    

Join the discussion: Click to view comments, add yours

Loading...