U.S. Bureau of Economic Analysis (BEA) Report: Fresno Metropolitan Area Grew Twice as Fast as National Average

Economic data shows Swearengin reforms

producing strong results

(Fresno, CA) – Today, the U.S. Bureau of Economic Analysis (BEA) released the Advance 2013, and Revised 2001-2012 GDP-by-Metropolitan-Area Statistics, where according to the report data, the Fresno Metropolitan Area real gross domestic product (GDP) grew 3.4%, or twice the national average of 1.7% for all metropolitan areas. 
 
Economic growth in Fresno was stronger than Sacramento-Roseville-Arden-Arcade (2.7%), San Francisco-Oakland-Hayward (2.0%), San Diego-Carlsbad (1.7%), and Los Angeles-Long Beach-Anaheim (1.2%). 
 
Last month, it was reported that Fresno-area exports had grown by 17% to $3.1 billion dollars, and the region was listed 5th in California for job growth.
 
“Mayor Swearengin’s record of accomplishment in Fresno is a huge success for the City’s residents,” said Swearengin spokesman Tim Clark.  “Her City’s budget is balanced with a growing reserve fund, and now the economic reforms are showing real progress in the area’s job growth.  Her record is strong, and the numbers back that up.”