All Collections
Gross Regional Product (GRP)
Gross Regional Product (GRP)
Updated over a week ago

Gross Regional Product (GRP) is simply GDP for the region of study. More commonly, GRP is GDP for any region smaller than the United States, such as a state or metro. GRP measures the final market value of all goods and services produced in the region of study.

GRP is the sum of total industry earnings, taxes on production & imports, and profits, less subsidies (GRP = earnings + TPI + profits – subsidies).

Source: Lightcast data based primarily on data from the Bureau of Economic Analysis (BEA) and the Quarterly Census of Employment and Wages (QCEW) from the Bureau of Labor Statistics (BLS).

Did this answer your question?