Memorial stones

Santa Fe bizMix top winner is company with process to turn cremated remains into stone

The total value of goods and services produced in Santa Fe increased by 1.7 percent in 2017 over the previous year, according to the federal Bureau of Economic Analysis.

The city ranked 191st out of 312 metropolitan areas by the increase in area gross domestic product, according to the bureau report released Sept. 18. GDP in Santa Fe last year amounted to $7.26 billion.

The largest gains in local business came in the information sector, which increased the value of its output by 1.17 percent over the previous year; the category that includes finance, insurance and real estate, including rentals, increased the value of its services by 1.07 percent.

In two other categories, total values increased by less than 1 percent. Professional and business services were up 0.45 percent; the category that includes arts, entertainment, recreation, recreation, accommodation and food services increased its value by 0.12 percent over the previous year, according to the bureau.

Output in nine other categories, from natural resources and mining, to educational services and health care, to government, manufacturing and construction, all declined by less than 1 percent.

Santa Fe GDP, measured in current dollars, in 2017 was the highest it has been the past five years. The previous high, $6.98 billion, was measured in 2016, according to the bureau.

The Santa Fe metro area ranked 249th out of 312 in the total value of its GDP last year.