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I Fixed it for you using comparable regional parameters. Giving Philly its micro regions instead of cooping it up in 3,900 sq mi..Trenton Vineland,Reading,Atlantic City etc etc
hmmmm,I guess both Kidphilly and Rainrock just wanted to spread lies to people who don't know better, because neither wants to explain their-self after I posted figures.
those two are always spreading untruths to make Philly look good and Houston look bad
Dude you asked a question how could Houstons GDP double in 6 years?
We gave you the answer.
The Price of oil went from $20 a barrel to $140 a barrel. Houston being a global player in energy profitted immeasurably.
The trickle down effect that high energy prices play into Houstons economy can not be quantified.
Dude you asked a question how could Houstons GDP double in 6 years?
We gave you the answer.
The Price of oil went from $20 a barrel to $140 a barrel. Houston being a global player in energy profitted immeasurably.
The trickle down effect that high energy prices play into Houstons economy can not be quantified.
that would be all well and good if you could correlate the rise in gdp to the rise in oil prices. since the falls and drop have zero correlation then the answer is not worth much
Trenton,Vineland,Reading,Atlantic City,Allentown are closer to Philly than Galveston and Brazoria are to Houston.
2009 GDP
Philadlephia - $330 B
Allentown- $30B
Trenton- $25 B
Lancaster- $20B
Reading -$16 B
Atlantic City-$15 B
Dover- $8 B
Vineland-$7B
Greater Philadelphia- $ 451 B
It would be nice if that was how it worked right? Just add cities to your city's count ( cities that are not even in your metro I might add) so that it will move up the rankings. Why don't you keep on adding until Philly's GDP is higher than NY
that would be all well and good if you could correlate the rise in gdp to the rise in oil prices. since the falls and drop have zero correlation then the answer is not worth much
What is wrong with you?
In 2002 a Barrel of oil was $20 bucks. Houston was probably #8 #9 in the country in GDP.
Flash forward 8 years when oil had spiked to $140 per barrel and leveled off at around $85 p/b. Houstons ecomomy skyrocketed through that boom in energy prices.
In 2002 a Barrel of oil was $20 bucks. Houston was probably #8 #9 in the country in GDP.
Flash forward 8 years when oil had spiked to $140 per barrel and leveled off at around $85 p/b. Houstons ecomomy skyrocketed through that boom in energy prices.
just because those thing are true doesn't make one the cause of the other. That would be like me saying Philly's crime rates sky rocketed as their GDP grew so the gdp growth was caused by crime
you cannot account for the rise in GDP based on oil when the jump in price occured in 2008, and the GDP growth rate did not produce an accompanying jump. If there was a correlation the GDP would grow the fastest after the price jump. BUt no The GDP slowed down after the jump.
Here are the previous 4 years (before the recession) so you will have a 6 year comparison. It looks like all the cities slowed down, while some had negative growth.
It is crazy that Houston's GDP almost doubled in the last 6 years. Why is Boston, Atlanta and Philly ahead of Houston again?
Is your data GMP or GDP? Some of those figures look weird to me, and if you could provide a link that would be good. Not trying to call you out, but just for my personal study and research.
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