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Houston & Dallas-Fort Worth have the most dynamic economies in the country for any major metropolitan area (along with Washington DC). If they shrank, then you can bet that's bad news for the American economy in general.
Houston, Washington DC, & Dallas-Fort Worth are doing great and Houston's GDP is the fastest growing in the nation by far and away, growing at the rate of 22% for a 3 year period, Washington DC is at 13%, and Dallas-Fort Worth is at 16%. Houston this year, or next year will pass up Boston by CSA (easily). By MSA it's already the 4th largest economy in the nation.
By the way, that is freakin amazing what Houston is doing as far as GDP. Unlike Boston, Bay Area, DC-Baltimore, and NYC Houston doesn't really have other significant contributors to its area. Boston has Providence and Worcester, DC has Baltimore, SF has Oakland and San Jose, NYC has Bridgeport, New Haven, and Trenton that add a relatively significant amount to its CSA GDP. I see Houston as like the Chicago of the South. It is THE principal city of its area and the talent/business hub. Of course, Chicago stretches to include the majority of the midWest and Houston doesn't. But I think Houston should pass Boston in the middle of this decade.
By the way, that is freakin amazing what Houston is doing as far as GDP. Unlike Boston, Bay Area, DC-Baltimore, and NYC Houston doesn't really have other significant contributors to its area. Boston has Providence and Worcester, DC has Baltimore, SF has Oakland and San Jose, NYC has Bridgeport, New Haven, and Trenton that add a relatively significant amount to its CSA GDP. I see Houston as like the Chicago of the South. It is THE principal city of its area and the talent/business hub. Of course, Chicago stretches to include the majority of the midWest and Houston doesn't. But I think Houston should pass Boston in the middle of this decade.
yeah, that is what I said on the first page, I was wondering what the economy would be like if the area around Houston was populated with goodies like those other cities.
It will still be NYC, LA, Chicago in our lifetime, followed closely by DC and Houston. DC is reaching build out capacity, meaning there is no more room to expand. That's the same problem with San Francisco. Houston still has a long way to catch up.
a Baltimore, an Arlington or a an Alexandria like DC has, or a
Riverside- San B like LA has, or a
Oakland- San Jose like SF has, or a
Fort Worth, Arlington, Grapevine, Irvine, Mesquite.... that Dallas has, or a
Cambridge, Providence... that Boston has, or a
Fort Lauderdale like Miami, or a
Tacoma Bellevue, like Seattle....
Just wondering....
Miami doesn't have Ft. Lauderdale in a CSA because there isn't a CSA...only a MSA....a 3 county MSA with half the land mass in a swamp. I think South Florida represents really well considering its tiny developed land mass compared to some of the others.
Miami doesn't have Ft. Lauderdale in a CSA because there isn't a CSA...only a MSA....a 3 county MSA with half the land mass in a swamp. I think South Florida represents really well considering its tiny developed land mass compared to some of the others.
It doesn't matter where it is, we would gladly welcome a Fort Lauderdale here
It was a good thing, Im pretty sure the poster meant that Houston, obviously not being built out, still has a lot of time to reach its economic potential as opposed to most other metros who can only grow its economy in very limited quantities.
Sprawl is bad, but if you have a strong enough central city economically, it allows that metro to have an advantage by having more land and resources to expand its population and economy.
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