The GDP is the market value of final goods and services produced by a metropolitan area.

The following is the GDP for various metro areas:

$40.0 billion – Chattanooga
$58.9 billion – Knoxville
$74.0 billion – New Orleans *
$79.1 billion – Birmingham *
$90.8 billion – Louisville *
$94.7 – Oklahoma City *
$96.2 billion – MEMPHIS
$117.2 billion – Jacksonville FL

$119.7 billion – Raleigh
$120.6 billion – Milwaukee *
$138.3 billion – Cleveland
$140.4 billion – San Antonio
$169.5 billion – Kansas City *
$184.4 – Indianapolis *
$187.8 billion – Nashville *
$193.6 billion – Austin
$209.9 billion – St. Louis *
$241.4 billion – Baltimore
$305.4 billion – Detroit
$525.9 billion – Atlanta
$633.2 billion – Houston
$654.7 billion – San Francisco
$688.9 billion – Dallas
$832.9 billion – Chicago
$2.2 trillion – New York City

Cities marked with * are comparison cities for the following Greater Memphis Chamber indicators. 

  • Source for GDP: Federal Reserve Bank of St. Louis

Memphis ranking with these other nine cities is below (cities ranked highest to lowest with #1 highest and #10 lowest).

  • Source: Greater Memphis Chamber Research Group

#10 – Shared Prosperity
#9 – Talent
#5 – Workforce and Occupational Quality
#10 – Economic Stability
#10 – Job Access
#8 – Economic Presence and Industry Diversity
#6 – Innovation
# 9 – Inclusive Economic Growth

Chamber Indicators Updated, 2021 Data:

#10 – Broadband Connectivity (68.5%)
#10 – Food insecurity (14.7%)
#10 – Cost-Burdened Households or Housing Burden (29.6%)
#9 – Job Proximity (38%)
#10 – Working Poor (36.6%)
#5 – Congestion Level (14%)
#8 – Associates Degree Attainment (7.4%)
#10 – Bachelor’s and Higher Degree Attainment (29.8%)
#10 Businesses in Advanced Industries (641)
#9 – Civilian Labor Force Growth % 5-year (-1%)
#3 – Growth in IT Jobs last 5 years (11.1%)
#4 – Growth in STEM Occupations (7.0%)
#10 – Unemployment Rate Gap (5.8%)
#1 – Share of IT Jobs held by POC (38%)
#9 – Information Technology Job Presence (16,521)
#1 – Jobs Growth – Advanced Industries, 5 years (15.8%)
#4 – NIH Per Capita Funding ($128.13)
#3 – STEM Graduate Growth, 5 years (15.3%)
#9 – STEM Graduates (9,735)
#6 – Strength of Private Industry (89.8%)
#7 – Per Capita Gross Regional Product ($64,738.39)
#9 – Median Household Income Gap (26.8%)
#9 – IM Poverty Rate Gap (15.6%)
#9 – Poverty Rate Gap 1 year change (1.3%)
#3 – Inflation Adjusted GDP Growth 1-year Change (5.9%)
#7 – Job Growth 1-year change (2.2%)
#10 – Median Household Income ($56,926)
#9 – Median Household Income Gap 1 Year change (2.0%)
#9 – Median Household Income Gap 5 year estimate (30.9%)

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