The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
Real U.S. GDP by metropolitan area declined 2.4 percent in 2009 after declining 0.4 percent in 2008, according to new statistics released today by the U.S. Bureau of Economic Analysis. The economic decline was widespread as real GDP declined in 292 of 366 (80 percent) metropolitan statistical areas, led by national declines in durable-goods manufacturing, construction, and professional and business services.
The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/regional/gdp_m ... elease.htm.