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Economy
6:29 am
Tue February 26, 2013
Manufacturing Powers Rockford's Economic Surge
By Mike Moen
When it comes to the economy, the city of Rockford attracts headlines for its consistently high unemployment rate. But a new federal report says the area’s GDP rate posted a strong gain in 2011, beating the national average.
That information from the Bureau of of Economic Analysis was highlighted in a recent article from Register Star reporter Alex Gary.
He spoke with WNIJ’s Mike Moen about what’s driving Rockford’s economy.
- Mike Moen's interview with Register Star reporter Alex Gary
Some highlights from the BEA report:
* Rockford's GDP increased by 4.26 percent in 2011.
* Rockford’s GDP in 2011 was $12.9 billion. That meant the area ranked 150th out of the nation’s 366 metropolitan areas.