2012 Combined Statistical Area Gross Product-Released September 17, 2013 (best, market, job, building)

[18Montclair]

Originally Posted by grapico

damn. I was thinking Chicago lost the 3 spot bc of recession stuff but it looks like dc and sf msa continue to pull away from them

Chicago is exceptionally high globally. Only 9-12 regions in the world are $500B+ and the US has 5 of them.

[RaymondChandlerLives]

Originally Posted by Vlajos

Wow, my apologies. I got LA very wrong. LA had negative growth in 2010. Revised numbers are:

Los Angeles-Long Beach-Anaheim, CA - 2010 -1.1%, 2011 1.2%, 2012 3.1% (three year average 1.1%)
New York-Newark-Jersey City, NY-NJ-PA - 2010 3.6%, 2011 1.1%, 2012 1.4% (three year average 2.0%)

New York's robust growth for 2010 looks stimulus-aided--'09-'10 were rock bottom years for most city economies, LA's in particular.

Anyway, 3.1% growth for LA in 2012 is very nice to see. Definitely in the healthy range. With the drop in UE and the red hot housing market, I expect similar growth for 2013.

[Andy]

Here is a visual comparison ($ = $20,000,000,000)


$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$ - NYC
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ - LA
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ - DC/Balt.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ - SF Bay Area
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ - Chi
$$$$$$$$$$$$$$$$$$$$$$$$ - Bos
$$$$$$$$$$$$$$$$$$$$$$ - Hou
$$$$$$$$$$$$$$$$$$$$$ - Dal
$$$$$$$$$$$$$$$$$$$$ - Phi
$$$$$$$$$$$$$$$ - Atl
$$$$$$$$$$$$$$ - Mia
$$$$$$$$$$$$$$ - Sea
$$$$$$$$$$$$ - Det
$$$$$$$$$$$ - MSP
$$$$$$$$$$ - Phx
$$$$$$$$$$ - Den
$$$$$$$$$ - SD
$$$$$$$$ - Cle

[grapico]

that ascii graph makes it somewhat clearer to divide groups...

NYC definite #1 no competition
LA definite #2 no competition
DC/SF/Chi similar range for the #3 tier
Boston Philly Dallas Houston #4 tier
Atlanta Miami Seattle #5 tier

[18Montclair]

Once again, because we cant edit old posts,
Here is the updated list(Please continue to help me out by pointing out errors-thanks):

2012 Combined Statistical Area Gross Product-Released September 17, 2013

1. New York-Newark, NY-NJ-CT-PA CSA $1.550 Trillion
Allentown-Bethlehem-Easton, PA-NJ Metro Area $31.998 Billion
Bridgeport-Stamford-Norwalk, CT Metro Area $86.338 Billion
East Stroudsburg, PA Metro Area $4.982 Billion
Kingston, NY Metro Area $4.829 Billion
New Haven-Milford, CT Metro Area $40.084 Billion
New York-Northern New Jersey-Long Island, NY-NJ-PA Metro Area $1,358,416 Billion
Poughkeepsie-Newburgh-Middletown, NY Metro Area: No Data
Trenton-Ewing, NJ Metro Area $28.406 Billion

2. Los Angeles-Long Beach, CA CSA $918.834 Billion
Los Angeles-Long Beach-Santa Ana, CA Metro Area $765.759 Billion
Oxnard-Thousand Oaks-Ventura, CA Metro Area $39.077 Billion
Riverside-San Bernardino-Ontario, CA Metro Area $113.998 Billion

3.Washington-Baltimore-Arlington, DC-MD-VA-WV-PA CSA $629.224 Billion
Baltimore-Towson, MD Metro Area $157.260 Billion
California-Lexington Park, MD Metro Area $5.249 Billion
Chambersburg-Waynesboro, PA Metro Area $4.282 Billion
Hagerstown-Martinsburg, MD-VA Metro Area $8.295 Billion
Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area $448.741 Billion
Winchester, VA-WV Metro Area $5.397 Billion

4. San Jose-San Francisco-Oakland, CA CSA $606.743 Billion
Napa, CA Metro Area $7.372 Billion
San Francisco-Oakland-Fremont, CA Metro Area $360.495 Billion
San Jose-Sunnyvale-Santa Clara, CA Metro Area $173.908 Billion
Santa Cruz-Watsonville, CA Metro Area $20.325 Billion
Santa Rosa-Petaluma, CA Metro Area $9.574 Billion
Stockton-Lodi, CA Metro Area $20.390 Billion
Vallejo-Fairfield, CA Metro Area $14.679 Billion

5. Chicago-Naperville, IL-IN-WI CSA $578.275 Billion
Chicago-Naperville-Joliet, IL-IN-WI Metro Area $571.008 Billion
Kankakee-Bradley, IL Metro Area $3.481 Billion
Michigan City-La Porte, IN Metro Area $3.786 Billion

6. Boston-Worcester-Providence, MA-RI-NH CSA $470.343 Billion
Barnstable Town, MA Metro Area$ 8.595 Billion
Boston-Cambridge-Quincy, MA-NH Metro Area $336.232 Billion
Manchester-Nashua, NH Metro Area $22.160 Billion
Providence-New Bedford-Fall River, RI-MA Metro Area $69.530 Billion
Worcester, MA Metro Area $33.826 Billion

7. Houston-The Woodlands, TX CSA $449.439 Billion
Houston-The Woodlands-Sugar Land, TX Metro Area $449.439 Billion

8. Dallas-Fort Worth, TX-OKCSA $424.018 Billion
Dallas-Fort Worth-Arlington, TX Metro Area $420.340 Billion
Sherman-Denison, TX Metro Area $3.678 Billion

9. Philadelphia-Reading-Camden, PA-NJ-DE-MD CSA $408.170 Billion
Atlantic City-Hammonton, NJ Metro Area $13.185 Billion
Dover, DE Metro Area $6.336 Billion
Ocean City, NJ Metro Area $4.273 Billion
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area $364.009 Billion
Reading, PA Metro Area $15.208 BillionVineland-Millville-Bridgeton, NJ Metro Area $5.159 Billion

10. Atlanta-Athens/Clarke County-Sandy Springs, GA-AL CSA $301.428 Billion
Athens-Clarke County, GA Metro Area $6.839 Billion
Atlanta-Sandy Springs-Marietta, GA Metro Area $294.589 Billion

11. Miami-Fort Lauderdale-Port St Lucie, FL CSA $289.964 Billion
Miami-Ft Lauderdale-West Palm Beach, FL Metro Area $274.105 Billion
Port St Lucie, Fl Metro Area $11.500 Billion
Sebastian-Vero Beach, FL Metro Area $4.359 Billion

12. Seattle-Tacoma, WA CSA $282.741 Billion
Bremerton-Silverdale, WA Metro Area$9.132 Billion
Mount Vernon-Anacortes, WA MetroArea $5.511 Billion
Olympia-Tumwater, WA Metro Area $9.279 Billion
Seattle-Tacoma-Bellevue, WA MetroArea $258.819 Billion

13. Detroit-Warren-Ann Arbor, MI CSA $243.551 Billion
Ann Arbor, MI Metro Area $19.310Billion
Detroit-Warren-Dearborn, MI MetroArea $208.379 Billion
Flint, MI Metro Area $11.713Billion
Monroe, MI Metro Area $4.149Billion

14. Minneapolis-St Paul, MN-WI CSA$228.301 Billion
Minneapolis-St Paul-Bloomington,MN-WI Metro Area $220.167 Billion
St Cloud, MN Metro Area $8.134 Billion

15. Phoenix-Mesa-Scottsdale, AZ MSA $201.653 Billion

16. Denver-Aurora, CO CSA $196.187 Billion
Boulder, CO Metro Area $20.332Billion
Denver-Aurora-Lakewood, CO MetroArea $167.886 Billion
Greeley, CO Metro Area $7.969Billion

17. San Diego-Carlsbad, CA MSA $ $177.410 Billion

Cleveland-Akron-Canton, OH CSA $155.107 Billion
Akron, OH Metro Area $29.466Billion
Canton-Massilon, OH Metro Area $14.044 Billion
Cleveland-Elyria, OH Metro Area $111.597 Billion

Top 17 by Percentage Change
San Jose-San Francisco-Oakland +6.6%
Seattle-Tacoma +5.7%
Houston-The Woodlands +5.6%
Minneapolis-St Paul +5.5%
Dallas-Ft Worth +$5.4%
Miami-Ft Lauderdale-Port St Lucie +4.7%
San Diego-Carlsbad +4.7%
Phoenix-Mesa-Scottsdale +4.6%
Los Angeles-Long Beach +4.3%
Denver-Aurora +4.2%
Detroit-Warren-Ann Arbor +4.2%
Atlanta-Athens/Clarke County-Sandy Springs +4.1%
Chicago-Naperville +4.1%
Boston-Worcester-Providence +3.7%
Philadelphia-Reading-Camden +3.2%
Washington-Baltimore-Arlington +2.9%
New York-Newark +2.7%

Top 17 by Numerical GDP Growth
New York-Newark +$41.500 Billion
San Jose-San Francisco-Oakland +$38.115 Billion
Los Angeles-Long Beach +$38.054 Billion
Houston-The Woodlands +$24.138 Billion
Chicago-Naperville +$22.835 Billion
Dallas-Ft Worth +$21.807 Billion
Washington-Baltimore-Arlington +$18.194 Billion
Boston-Worcester-Providence +$16.367 Billion
Seattle-Tacoma +$15.389 Billion
Miami-Ft Lauderdale-Port St Lucie +$13.939 Billion
Philadelphia-Reading-Camden +$12.866 Billion
Atlanta-Athens/Clarke County-Sandy Springs +12.288 Billion
Minneapolis-St Paul +$12.086
Detroit-Warren-Ann Arbor +$10.044 Billion
Phoenix-Mesa-Scottsdale +$9.332 Billion
San Diego-Carlsbad +$7.522 Billion
Denver-Aurora +$7.494 Billion

1. New York-Newark, NY-NJ-CT-PA CSA
2012 $1.550 Trillion
2011 $1.508 Trillion
Numerical GDP Change: +$41.5 Billion
Percentage Change: +2.7

2. Los Angeles-Long Beach, CA CSA
2012 GDP $918.834 Billion
2011 GDP $880.780 Billion
Numerical GDP Change: +$38.054 Billion
Percentage Change: +4.3%

3. Washington-Baltimore-Arlington, DC-MD-VA-WV-PA CSA
2012 GDP $629.224 Billion
2011 GDP $611.030 Billion
Numerical GDP Change: +$18.194 Billion
Percentage Change: +2.9%

4. San Jose-San Francisco-Oakland, CA CSA
2012 GDP $606.743 Billion
2011 GDP $568.628 Billion
Numerical GDP Change: +$38.115 Billion
Percentage Change: +6.6%

5. Chicago-Naperville, IL-IN-WI CSA
2012 GDP $578.275 Billion
2011 GDP $555.440 Billion
Numerical GDP Change: +$22.835 Billion
Percentage Change: +4.1%

6. Boston-Worcester-Providence, MA-RI-NH CSA
2012 GDP $470.343 Billion
2011 GDP $453.976 Billion
Numerical GDP Change: +$16.367 Billion
Percentage Change: +3.7%

7. Houston-The Woodlands, TX CSA
2012 GDP $449.439 Billion
2011 GDP $425.301 Billion
Numerical GDP Change: +$24.138 Billion
Percentage Change: +5.6%

8. Dallas-Fort Worth, TX-OK CSA
2012 GDP $424.018 Billion
2011 GDP $402.211 Billion
Numerical GDP Change: +$21.807 Billion
Percentage Change: +5.4%

9. Philadelphia-Reading-Camden, PA-NJ-DE-MD CSA
2012 GDP $408.170 Billion
2011 GDP $395.304 Billion
Numerical GDP Change: +$12.866 Billion
Percentage Change: +3.2%

10. Atlanta-Athens/Clarke County-Sandy Springs, GA-AL CSA
2012 GDP $301.428 Billion
2011 GDP $289.140 Billion
Numerical GDP Change: +$12.288 Billion
Percentage Change: +4.1%

11. Miami-Fort Lauderdale-Port St Lucie, FL CSA
2012 GDP $289.964 Billion
2011 GDP $276.025 Billion
Numerical GDP Change: +$13.939 Billion
Percentage Change: +4.7%

12. Seattle-Tacoma, WA CSA
2012 GDP $282.741 Billion
2011 GDP $267.352 Billion
Numerical GDP Change: +$15.389 Billion
Percentage Change: +5.7%

13. Detroit-Warren-Ann Arbor, MI CSA
2012 GDP $243.551 Billion
2011 GDP $233.507 Billion
Numerical GDP Change: +$10.044 Billion
Percentage Change: +4.2%

14. Minneapolis-St Paul, MN-WI CSA
2012 GDP $228.301 Billion
2011 GDP $216.215 Billion
Numerical GDP Change: +$12.086 Billion
Percentage Change: +5.5%

15. Phoenix-Mesa-Scottsdale, AZ MSA
2012 GDP $201.653 Billion
2011 GDP $192.321 Billion
Numerical GDP Change: +$9.332 Billion
Percentage Change: +4.6%

16. Denver-Aurora, CO CSA
2012 GDP $196.187 Billion
2011 GDP $188.693 Billion
Numerical GDP Change: +$7.494 Billion
Percentage Change: +4.2%

17. San Diego-Carlsbad, CA MSA
2012 GDP $177.410 Billion
2011 GDP $169.888 Billion
Numerical GDP Change: $7.522 Billion
Percentage Change: +4.7%

Please check my work on your CSA/MSA to ensure accuracy:
News Release: GDP by Metropolitan Area, Advance 2012, and Revised 2001–2011

*I would greatly appreciate it if a Mod could copy the data in this post and paste on to the 1st post and delete the old data. Please[/quote]

[Vlajos]

Originally Posted by RaymondChandlerLives

New York's robust growth for 2010 looks stimulus-aided--'09-'10 were rock bottom years for most city economies, LA's in particular.

Anyway, 3.1% growth for LA in 2012 is very nice to see. Definitely in the healthy range. With the drop in UE and the red hot housing market, I expect similar growth for 2013.

I don't know, we'll have to see this time next year.

[New Era LA]

DC and NYC are tyrannical behemoths. Fed stimuluses and govt aids to keep them from their prolonged demise. You have this blue collar Angelenos pity

[Vlajos]

Originally Posted by New Era LA

DC and NYC are tyrannical behemoths. Fed stimuluses and govt aids to keep them from their prolonged demise. You have this blue collar rooted Angelenos pity

DC slowed to a crawl in 2012 with real growth of only .7%

[18Montclair]

Originally Posted by New Era LA

DC and NYC are tyrannical behemoths. Fed stimuluses and govt aids to keep them from their prolonged demise. You have this blue collar Angelenos pity

In the case of DC, yes.

Their economy grows only when govt expands, and booms only when the rest of the country is in one form of turmoil or another . Bush II and Obama spent like there was no tomorrow, particularly in DC--and now that austerity is taking hold, DC being most dependent on govt spending, is reeling.

[New Era LA]

Originally Posted by 18Montclair

In the case of DC, yes.

Their economy grows only when govt expands, and booms only when the rest of the country is in one form of turmoil or another . Bush II and Obama spent like there was no tomorrow, particularly in DC--and now that austerity is taking hold, DC being most dependent on govt spending, is reeling.

Do you remember in 09 when the housing crash reached its trough? I am still wondering why DC bailed out the failed financial comps in NYC instead of helping the suffering Americans in Florida, Nevada, Arizona, etc. Families were ruined, kids had to switch schools and lose their neighborhood kindle, families struggled to make delinquent mortgage payments and DC bailed out the S.O.B.s that caused this mess from the getgo?

Sorry I cant ever respect NYC and DC for what they have put this country through, not just in 09 but in 1929 also