The U.S. Bureau of Economic Analysis recently released Gross Domestic Product (GDP) numbers for all 381 metro areas in the nation. The metro-level GDP is valuable because it measures the total dollar value of all goods and services produced in each metro. The GDP numbers can be used to compare the size, pace of growth and productivity of metros.
The 2014 GDP for Asheville came in at $16.4 billion dollars, a healthy 4.3 percent increase from 2013. That places Asheville 138th among all 381 metros in the nation for its size and seventh among North Carolina’s fifteen metros (see chart below). Asheville has gradually moved up in the national rankings, advancing five places over the last decade. Its rank in the state though has held consistently at the seventh spot over the same previous ten years.