MID-HUDSON – Gross Domestic Product increased last year in every county throughout the Hudson Valley when compared to the year before.
Data released by the federal explained that Gross Domestic Product was a key measure of economic activity by measuring the value of final goods and services in each geographic area serving as a popular indicator of economic health.
Although GDP rose everywhere in New York in 2024, the rates of growth were varied.
The highest was in Greene County where GDP increased 12.7 percent. The smallest increase was 0.1 percent in Washington and Nassau counties.
In the Hudson Valley, Dutchess County ranked 11th statewide with a 4.4 percent growth, followed by Ulster County’s 13th ranking at 4.1 percent.
Putnam County came in 26th with a 3 percent growth followed by Orange, Rockland and Westchester, all with 2.9 percent rates of growth, each tied at 31st.
Sullivan County’s GDP was 1.9 percent ranking 35th in New York among the state’s 62 counties.
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