BEA News: Commonwealth of the Northern Mariana Islands (CNMI) Gross Domestic Product, 2010

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

After declining for six consecutive years, largely due to declines in the garment manufacturing industry, the CNMI's economy grew in 2010 (see Table 1.3). The estimates for the CNMI show that real GDP – GDP adjusted to remove price changes – increased 2.3 percent. For comparison, real GDP for the U.S. (excluding the territories) increased 2.4 percent in 2010. In addition, per capita real GDP for the CNMI increased in 2010, reflecting the growth in real GDP and a continued decline in the population (see Table 1.2).

The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/general/terr/2012/CNMIGDP_091312.pdf

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