In 2022, the GDP of Massachusetts amounted to around 604 billion U.S. dollars. In that year, the finance, insurance, real estate, rental, and leasing industry added about 132.3 billion chained 2017 U.S. dollars of value to the state GDP.
Real value added to the gross domestic product of Massachusetts in the United States in 2022, by industry
(in billion chained 2017 U.S. dollars)
Industry
Real value added in billion chained (2017) U.S. dollars
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Chained (2017) dollar series are calculated as the product of the chain-type quantity index and the 2017 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
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BEA. (September 30, 2023). Real value added to the gross domestic product of Massachusetts in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/551779/massachusetts-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Massachusetts in the United States in 2022, by industry (in billion chained 2017 U.S. dollars)." Chart. September 30, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/551779/massachusetts-real-gdp-by-industry/
BEA. (2023). Real value added to the gross domestic product of Massachusetts in the United States in 2022, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/551779/massachusetts-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Massachusetts in The United States in 2022, by Industry (in Billion Chained 2017 U.S. Dollars)." Statista, Statista Inc., 30 Sep 2023, https://www.statista.com/statistics/551779/massachusetts-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Massachusetts in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/551779/massachusetts-real-gdp-by-industry/ (last visited June 18, 2024)
Real value added to the gross domestic product of Massachusetts in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) [Graph], BEA, September 30, 2023. [Online]. Available: https://www.statista.com/statistics/551779/massachusetts-real-gdp-by-industry/