Downtown Philadelphia vs Seattle (live, best, state, better)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Any city can dramatically boost their GDP with guaranteed federal spending growth. No one is, or should be, impressed by that. DC's success is completely owed to the rest of the country.
So then what do you attribute to Philly's decline in MSA GDP/jobs rankings? Why does it have the lowest job growth of the top 15 MSAs?
So then what do you attribute to Philly's decline in MSA GDP/jobs rankings? Why does it have the lowest job growth of the top 15 MSAs?
Idk why you care so much. Seriously, why do you care? Is it your mission to make Philly look bad? Philadelphia and the surrounding area has always sort-of marched to the beat of its own drum. It never really follows national trends. Philadelphia's economy and population is growing, and for many that's fine. Sure, there are a lot of us that would love to see it grow quicker economically but fast growth isn't always a good thing.
Philadelphia's current job growth numbers don't look as good currently because it never fell so hard during the economic recession as most other major metro areas have, therefore it didn't have as much to gain back. Also, philadelphia is finally coming out of decades of decline and is reinvigorating itself. These things take time. All older cities have gone through this including NYC and Boston. Some, it seems, like Cleveland, St Louis, Detroit, etc have yet to reach the turn around point. The current hot booming cities of the south and west like atlanta, Dallas, Houston, seattle, etc. are very new cities compared to the older east coast and Midwest cities. Who knows what the future holds for these places but 30 years from now we could be singing a different tune.
As it is now, Center City Philadelphia is ahead of Downtown Seattle. It's just more established.
So then what do you attribute to Philly's decline in MSA GDP/jobs rankings? Why does it have the lowest job growth of the top 15 MSAs?
Its one months worth of data my man, the economy is volatile. Backtrack a month or 2 and Philly was in the middle of the pack from a percentage basis. A month or 2 from now Philly will most likely not be last. And its not like Chicago, and NYC had a much better month than Philly.Tenths of a percentage point difference.
So then what do you attribute to Philly's decline in MSA GDP/jobs rankings? Why does it have the lowest job growth of the top 15 MSAs?
Because the metropolitan divisions outside of Pennsylvania aren't pulling their weight. The Philadelphia MSA has only now fully recovered from the last recession, but the city of Philadelphia and the Pennsylvania suburbs together have 26,500 more jobs now than they did in April 2008 (the pre-recession peak), but greater Wilmington has only 100 more jobs, and the New Jersey suburbs have 20,200 fewer jobs. In other words, Pennsylvania is swimming, New Jersey is sinking, and Delaware is treading water.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.