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Charles County Department of Economic Development

Charles County Department of Economic Development . Gross Domestic Product Measuring the County’s Economy . Topic Overview . How is the County’s GDP measured? The County’s total GDP compared to other jurisdictions. GDP by component. Top ten contributors to the County’s GDP.

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Charles County Department of Economic Development

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  1. Charles County Department of Economic Development Gross Domestic Product Measuring the County’s Economy

  2. Topic Overview How is the County’s GDP measured? The County’s total GDP compared to other jurisdictions. GDP by component. Top ten contributors to the County’s GDP.

  3. What is Gross Domestic Product? GDP is the market value of all final goods and services produced during a given time period.

  4. Gross Domestic Product since Recession Billions Source: Regional Economic Models Inc.

  5. Gross Domestic Product Historical and Forecast 1990-2020 1.84% GDP growth since 2012 Billions Billions of Fixed 2005 Dollars Source: Regional Economic Models Inc. 2013 REMI PI+ V1.5. Amherst, MA Regional Economic Models Inc.

  6. 2013 GDP by Component (in billions) Billions Source: Regional Economic Models Inc. 2013 REMI PI+ V1.5. Amherst, MA Regional Economic Models Inc.

  7. Appendix II2013 Exports to the Rest of the Nation (In Millions)

  8. Charles County Government • Department of Economic Development Kwasi Holman- Director of Economic Development holmank@meetcharlescounty.com www.CharlesCountyMD.gov Presented by: • Mission Statement • The mission of Charles County Government is to provide our citizens the highest quality service possible in a timely, efficient, and courteous manner. To achieve this goal, our government must be operated in an open and accessible atmosphere, be based on comprehensive long- and short-term planning, and have an appropriate managerial organization tempered by fiscal responsibility. We support and encourage efforts to grow a diverse workplace. • Vision Statement Charles County is a place where all people thrive and businesses grow and prosper; where the preservation of our heritage and environment is paramount, where government services to its citizens are provided at the highest level of excellence; and where the quality of life is the best in the nation.

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