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Old 09-13-2011, 07:07 AM
 
Location: Zurich, Switzerland/ Piedmont, CA
31,575 posts, read 53,094,619 times
Reputation: 14494

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http://bea.gov/newsreleases/regional...dpma_0211b.png


1. New York-Newark-Bridgeport, NY-NJ-CT-PA CSA $1.460 Trillion
Bridgeport-Stamford-Norwalk, CT Metro Area $84,882
Kingston, NY Metro Area $4,755
New Haven-Milford, CT Metro Area $40,844
New York-Northern New Jersey-Long Island, NY-NJ-PA Metro Area $1,280,517
Poughkeepsie-Newburgh-Middletown, NY Metro Area $22,440
Torrington, CT Micro Area
Trenton-Ewing, NJ Metro Area $26.680

2. Los Angeles-Long Beach-Riverside, CA CSA $881.297 Billion
Los Angeles-Long Beach-Santa Ana, CA Metro Area $735,743
Oxnard-Thousand Oaks-Ventura, CA Metro Area $35,736
Riverside-San Bernardino-Ontario, CA Metro Area $109,818

3. Washington-Baltimore-Northern Virginia, DC-MD-VA-WV CSA $575.025 Billion
Baltimore-Towson, MD Metro Area
Lexington Park, MD Micro Area $144,789
Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area $425,167
Winchester, VA-WV Metro Area $5,069

4. San Jose-San Francisco-Oakland, CA CSA $544.969 Billion
Napa, CA Metro Area $7,015
San Francisco-Oakland-Fremont, CA Metro Area $325,927
San Jose-Sunnyvale-Santa Clara, CA Metro Area $168,517
Santa Cruz-Watsonville, CA Metro Area $9,697
Santa Rosa-Petaluma, CA Metro Area $19,888
Vallejo-Fairfield, CA Metro Area $13,925

5. Chicago-Naperville-Michigan City, IL-IN-WI CSA $539.046 Billion
Chicago-Naperville-Joliet, IL-IN-WI Metro Area $532,331
Kankakee-Bradley, IL Metro Area $3,150
Michigan City-La Porte, IN Metro Area $3,565

6. Boston-Worcester-Manchester, MA-RI-NH CSA $430.245 Billion
Boston-Cambridge-Quincy, MA-NH Metro Area $313,690
Concord, NH Micro Area
Manchester-Nashua, NH Metro Area $20,988
Providence-New Bedford-Fall River, RI-MA Metro Area $66,334
Worcester, MA Metro Area $29,233

7. Houston-Baytown-Huntsville, TX CSA $384.603 Billion
Houston-Sugar Land-Baytown, TX Metro Area $384,603

8. Dallas-Fort Worth, TX CSA $377.546 Billion
Athens, TX Micro Area
Dallas-Fort Worth-Arlington, TX Metro Area $374,081
Sherman-Denison, TX Metro Area $3,465

9. Philadelphia-Camden-Vineland, PA-NJ-DE-MD CSA $366.792 Billion
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area $346,932
Reading, PA Metro Area $14,876
Vineland-Millville-Bridgeton, NJ Metro Area $4,984

10. Atlanta-Sandy Springs-Gainesville, GA-AL $278.805 Billion
Atlanta-Sandy Springs-Marietta, GA Metro Area $272,362
Gainesville, GA Metro Area $6,443

11. Miami-Ft Lauderdale-Pompano Beach, FL Metro Area $257.560 Billion

12. Seattle-Tacoma-Olympia, WA CSA $254.393 Billion
Bremerton-Silverdale, WA Metro Area $8,860
Mount Vernon-Anacortes, WA Metro Area $5,469
Oak Harbor, WA Micro Area
Olympia, WA Metro Area $8,843
Seattle-Tacoma-Bellevue, WA Metro Area $231,221

13. Detroit-Warren-Flint, MI CSA $231.571 Billion
Ann Arbor, MI Metro Area $18,566
Detroit-Warren-Livonia, MI Metro Area $197,773
Flint, MI Metro Area $11,511
Monroe, MI Metro Area $3,721

14. Minneapolis-St Paul-St Cloud, MN-WI CSA $207.052 Billion
Minneapolis-St Paul-Bloomington, MN-WI Metro Area $199,596
St Cloud, MN Metro Area $7,456

15. Phoenix-Mesa-Scottsdale, AZ Metro Area $190.601 Billion

16. Denver-Aurora-Boulder, CO CSA $183.206 Billion
Boulder, CO Metro Area $18,298
Denver-Aurora, CO Metro Area $157,567
Greeley, CO Metro Area $7,341

17. San Diego-Carlsbad-San Marcos, CA Metro Area $171.568 Billion


News Release: GDP by Metropolitan Area, Advance 2010, and Revised 2007–2009

There are also revisions for 2009 which show lower GDPs than previously released, the economy was just worse than thought.

Last edited by 18Montclair; 09-13-2011 at 07:15 AM..
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Old 09-13-2011, 07:17 AM
 
58 posts, read 78,977 times
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So the Bay Area is now ahead of Chicago. Bay Area arguably has a Top 10 global metropolitan economy.

And NYC is bigger than #2 and #3 (LA and Washington-Baltimore) combined. That's a huge economy.
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Old 09-13-2011, 07:26 AM
 
Location: Zurich, Switzerland/ Piedmont, CA
31,575 posts, read 53,094,619 times
Reputation: 14494
Quote:
Originally Posted by LP Lane View Post
So the Bay Area is now ahead of Chicago.
That's been the case for 3 years now and Chicago actually closed the gap a little in 2010 mainly due to the Bay Area's more stagnant economy.

Its very interesting that we've seen the locations of the most economic growth vary wildly year over year since 2007.
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Old 09-13-2011, 07:44 AM
 
Location: Villanova Pa.
4,887 posts, read 12,190,289 times
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Quote:
Originally Posted by LP Lane View Post
So the Bay Area is now ahead of Chicago. Bay Area arguably has a Top 10 global metropolitan economy.

And NYC is bigger than #2 and #3 (LA and Washington-Baltimore) combined. That's a huge economy.
Norwalk Ct to Trenton NJ is 125 miles apart and it could be vehemently argued that neither have any affiliation with NYC whatsoever.

The CMSA is full of inconsistencies. NYC although still gargantuan is overstated by $200 B of GDP that it has no business being awarded.

CSMA is garbage. Washington- Baltimores territory expands like 170 miles N-S.

A phoney misleading category manufactuctured in Washington so that Washington can appear somewhat relevant to its peers NYC,LA,Chi.
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Old 09-13-2011, 07:44 AM
 
Location: Zurich, Switzerland/ Piedmont, CA
31,575 posts, read 53,094,619 times
Reputation: 14494
I suspect Seattle will surpass Miami in 2011 if it already hasnt and Denver just might surpass Phoenix soon.
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Old 09-13-2011, 07:49 AM
 
58 posts, read 78,977 times
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Quote:
Originally Posted by rainrock View Post
Norwalk Ct to Trenton NJ is 125 miles apart and it could be vehemently argued that neither have any affiliation with NYC whatsoever.
Both Norwalk and Trenton are part of the NYC metropolitan area per the Census. Both are big commuter hubs for NYC-bound travelers.

And I seriously doubt you have an army of stats PhDs working for you like the Census. So I would trust their numbers over your claims.
Quote:
Originally Posted by rainrock View Post
The CMSA is full of inconsistencies. NYC although still gargantuan is overstated by $200 B of GDP that it has no business being awarded.
Why is NYC "overstated" when the metrics used for NYC are the exact same as the metrics used for every other city? That makes no sense.
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Old 09-13-2011, 07:53 AM
 
Location: Villanova Pa.
4,887 posts, read 12,190,289 times
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Quote:
Originally Posted by LP Lane View Post
Both Norwalk and Trenton are part of the NYC metropolitan area per the Census. Both are big commuter hubs for NYC-bound travelers.

And I seriously doubt you have an army of stats PhDs working for you like the Census. So I would trust their numbers over your claims.


Why is NYC "overstated" when the metrics used for NYC are the exact same as the metrics used for every other city? That makes no sense.
Mercer,Hunterdon, Sussex,Pike,Warren Counties have virtually no commuters to NYC. From what I have been told from very reputable sources its merely political manuevering to capitalize on federal employees receiving a higher cost of living allowance being attached to NYC.

Its financially beneficial for Mercer to be alligned with NYC than Philadelphia. "The metrics" have nothing to do with it in few isolated incidents as mentioned above.
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Old 09-13-2011, 07:58 AM
 
8,638 posts, read 8,771,906 times
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Could Boston pass Chicago, it is one of the fasted growing, Chicago is stagnate.
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Old 09-13-2011, 07:59 AM
 
58 posts, read 78,977 times
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Quote:
Originally Posted by rainrock View Post
Mercer,Hunterdon, Sussex,Pike,Warren Counties have virtually no commuters to NYC.
This is completely false.

In fact, these counties are part of the Census-derived metropolitan area specifically because of commuting patterns.

That's how they do the MSA/CSA calculations. It's commuting patterns.

Take NE PA. There are tons of commuter buses from NE PA to Manhattan every day. Why would they run all these buses if there were no commuters?

Why would NJ & PA be spending megabucks to build a commuter rail line to Scranton if there were no commuters?
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Old 09-13-2011, 08:02 AM
 
Location: Philadelphia, PA
1,335 posts, read 1,245,919 times
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The comparison of sub-categories I find interesting is this one, the metro areas:

Boston-Cambridge-Quincy, MA-NH Metro Area $313,690

San Francisco-Oakland-Fremont, CA Metro Area $325,927

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area $346,932

I also find it amazing that the GDP of silicon valley (San Jose-Sunnyvale-Santa Clara, CA Metro Area $168,517) is only half that of the other metros, even with all those big-shot tech companies.
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