Gross metropolitan product is a monetary measure of the total economic output, the market value of all final goods and services produced, within a statistical metropolitan area over a given period, functioning as the metropolitan area equivalent of the gross domestic product of a nation. In the European Union, Eurostat calculates it annually for metropolitan regions classified under the NUTS 3 territorial system, while in the United States the Bureau of Economic Analysis, part of the Department of Commerce, calculates it annually for metropolitan statistical areas, excluding micropolitan statistical areas and other smaller regional classifications. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
Facts
Classification
Release FrequencyStandard published release cadence for Gross metropolitan product (official statistical release schedule). Sources
1. Wikipedia
Wikimedia Foundation
Wikipedia: Gross metropolitan product
Lead paragraph, first sentence defining GMP
Gross metropolitan product (GMP) is a monetary measure that calculates the total economic output of a statistical metropolitan unit during a specific time period.
Introduction, frequency
In the European Union, Eurostat calculates it annually for metropolitan regions classified under the NUTS 3 territorial system, while in the United States the Bureau of Economic Analysis, part of the Department of Commerce, calculates it annually for metropolitan statistical areas, excluding micropolitan statistical areas and other smaller regional classifications.
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