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Study: Valley boomed from 2001 to 2005

Economic growth has been swifter in the Northern San Joaquin Valley this decade than in California or the nation as a whole, new data shows.

The U.S. Bureau of Economic Analysis released statistics Wednesday calculating the gross domestic product for Stanislaus, San Joaquin and Merced counties, along with GDP for 360 other U.S. metropolitan areas.

The figures show that economic output expanded faster in the valley than in most other parts of the country from 2001 through 2005.

During those years the GDP grew nearly 37 percent in Stanislaus, 33 percent in San Joaquin and 39 percent in Merced, compared to just 24 percent in California and 23 percent in the United States.