Economic indicators

Providence area GDP drops from ’06 to ’11

THE PROVIDENCE METRO AREA'S real GDP averaged $58.5 billion – in 2005 dollars – during the first quarter of 2011 compared with $61.8 billion five years ago, according to a report from For a larger version of this chart, click HERE.
Posted 7/3/12

PROVIDENCE – The real gross domestic product for the Providence metro area averaged $58.5 billion – in 2005 dollars – during the first quarter of 2011 compared with $61.8 billion five years earlier, according to a report from

Mid-quarter estimates of the most recently available data – the first quarter of 2011 – showed a population of 1.6 million in the Providence metro, unchanged over the last five years.

Employment, which is measured by all private and government workers, totaled 647,000 in the first quarter of 2011, a decline of 7 percent over the previous five years, according to the report.

The average annual pay in the metro area, which is measured as the ratio of all city wages and salaries to total employment, totaled $43,123 during the first three months of 2011.

Comparatively, the metro area’s annual earnings per worker five years earlier was $41,039, according to the report.

No comments on this story | Add your comment
Please log in or register to add your comment
PBN Hosted

Only a few seats remain for PBN's Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Don't hesitate. Register today!
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Purchase Data
Book of Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  • Purchase an e-File of the entire Book of Lists database
  • Purchase a printed copy of the Book of Lists
    Latest News