Value Added Per Employee

Santa Clara & San Mateo Counties, San Francisco, California, and the United States

bar and line chart
Percent Change in Value Added Per Employee
2000-2016 2015-2016
Silicon Valley +14.5% -1.2%
San Francisco +13.8% -1.0%
California +12.9% -0.6%
United States +18.7% +0.1%

Data Source:

Moody’s Economy.com

Analysis:

Silicon Valley Institute for Regional Studies

Value added per employee is calculated as regional gross domestic product (GDP) divided by the total employment. GDP estimates the market value of all final goods and services. GDP and employment data are from Moody’s Economy.com estimates using historical data through 2015 and forecasts updated on 10/5/2015 (U.S. data), 11/22/2016 (California data) and 11/29/2016 (Silicon Valley and San Francisco). All GDP values have been inflation-adjusted and are reported in 2016 dollars, using the Bay Area consumer price index for all urban consumers from the Bureau of Labor Statistics, 2016 estimate based on first half data for the Silicon Valley and San Francisco data, the California consumer price index for all urban consumers from the California Department of Finance May Revision Forecast (April 2016) for California data, and the U.S. city average consumer price index for all urban consumers from the Bureau of Labor Statistics for U.S. data, 2016 estimate based on first half data. Silicon Valley data include Santa Clara and San Mateo Counties.

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