Page 28 - Bi-National Socioeconomic Handbook 2020 Laredos Region
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GROSS DOMESTIC
PRODUCT (GDP)
GDP Laredo, Tx., U.S.A.
The Gross Domestic Product is a monetary measure of the market value of all the final goods and services produced by an
economy in a period of time., it helps measuring the growth or decrease of the goods and services produced by enterprises, only
inside of their territory. It reflects the enterprises competitiveness.
Source: Federal Reserve Bank of St. Louis, Economic Research Division, Federal Reserve Economic Data.
Compiled by Texas Center for Border Economic and Enterprise Development
14 | Institute for Competitiveness and Foreign Trade of Nuevo Laredo
