In 2023, the GDP of Massachusetts amounted to around 616 billion U.S. dollars. In that year, the finance, insurance, real estate, rental, and leasing industry added about 132.55 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 2023, by industry
(in billion chained 2017 U.S. dollars)
Industry
Real value added in billion chained (2017) U.S. dollars
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 27, 2024). Real value added to the gross domestic product of Massachusetts in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved December 21, 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 2023, by industry (in billion chained 2017 U.S. dollars)." Chart. September 27, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/551779/massachusetts-real-gdp-by-industry/
BEA. (2024). Real value added to the gross domestic product of Massachusetts in the United States in 2023, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 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 2023, by Industry (in Billion Chained 2017 U.S. Dollars)." Statista, Statista Inc., 27 Sep 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 2023, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/551779/massachusetts-real-gdp-by-industry/ (last visited December 21, 2024)
Real value added to the gross domestic product of Massachusetts in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph], BEA, September 27, 2024. [Online]. Available: https://www.statista.com/statistics/551779/massachusetts-real-gdp-by-industry/