The Charleston region’s economy continued to grow in 2016, outpacing all but one of the state’s other metro areas, according to a report Wednesday by the federal Bureau of Economic Analysis.
Gross domestic product in the Charleston metro area — which includes Charleston, Berkeley and Dorchester counties — was nearly $34 billion last year. That represents 3.1 percent growth over the 2015 figure. Only the Spartanburg metro area — at $13.2 billion — grew faster: 4.2 percent.
Gross domestic product, or GDP, is the total value of all goods and services produced in an area during one year.