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Old 06-04-2015, 03:47 AM
 
3,008 posts, read 4,165,740 times
Reputation: 1524

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Quote:
Originally Posted by MrPortCity View Post
I don't know if Indy is punching above it's weight because the BLS that releases this in it's 2013 report had Indy in 2011 at 103.815 billion but it's most recent has 2011 at 114.17 billion. It also was Indianapolis-Carmel in the old report and now Indianpolis-Carmel-Anderson, IN. So there is more population included. The pop base in the first report is 2 million at 103.815b, about $52k and the second is 2.4m, putting per capita at $52.6k.

That would put Indy below Chicago, Columbus, Cleveland and Kansas City

2013 Report (PDF)
2014 Report (PDF)
Look at how the same years are different
If I'm not mistaken Anderson added about 3 to that number since Anderson (Madison county) was its on msa per their request bit is a direct donut county to Marion. 2nd, if we took your assessment at face value, you would have to make that modification for every city, not keep every other city as is but change Indy. 3rd, Indy has been higher than cbus for what a decade now. Even when the metro was at 1.7 it surpassed cincy 3rd quarter 2007, the qtr since actually lost GDP if not mistaken. 4th it is still smaller than cbus who also added territory, yet not given your same flawed application.

You should also take note just about every city had that jump. Cbus jumped from off the top of my head 88b. Charlotte from 118 to 139. You see your logic in this. Lastly, bls number the only one that counts as they are the only ones that do it. I don't think you agree with their methodology, you just don't agree with applied to Indy but all other cities seem OK to you.
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Old 06-04-2015, 03:50 AM
 
3,008 posts, read 4,165,740 times
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Quote:
Originally Posted by Dyadic View Post
San Jose and Portland's Core based Statistical Area is much larger than Indianapolis' CSA. Not a fair comparison.
This isn't CSA level it's msa. Once you get into CSA then you are adding San Fran and Oakland metropolitan divisions to San Jose since it is a consolidated area to begin with.
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Old 06-04-2015, 05:37 AM
 
1,480 posts, read 1,288,128 times
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Quote:
Originally Posted by msamhunter View Post
This isn't CSA level it's msa. Once you get into CSA then you are adding San Fran and Oakland metropolitan divisions to San Jose since it is a consolidated area to begin with.
My point is that the distance between San Francisco/Oakland and roughly the same distance as Indianapolis and Anderson. The only difference is what you choose to call it. One is a CSA and the other is MSA. The distance between Oakland and San Jose is 40.7 mi. San Francisco to San Jose is 50 mi. The distance between Indianapolis and Anderson is 43 mi. San Jose gets a tremendous economic boost due to its proximity to San Francisco/Oakland. We are talking about a 8.5 million. That's a larger population base than the entire state of Indiana.

Last edited by Dyadic; 06-04-2015 at 05:38 AM.. Reason: omission
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Old 06-04-2015, 07:50 AM
 
Location: Mexico City, formerly Columbus, Ohio
12,766 posts, read 12,748,545 times
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Quote:
Originally Posted by Dyadic View Post
San Jose and Portland's Core based Statistical Area is much larger than Indianapolis' CSA. Not a fair comparison.
GDP is based on the metro area. It's a fair comparison.
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Old 06-04-2015, 07:56 AM
 
Location: Mexico City, formerly Columbus, Ohio
12,766 posts, read 12,748,545 times
Reputation: 5440
Quote:
Originally Posted by Dyadic View Post
My point is that the distance between San Francisco/Oakland and roughly the same distance as Indianapolis and Anderson. The only difference is what you choose to call it. One is a CSA and the other is MSA. The distance between Oakland and San Jose is 40.7 mi. San Francisco to San Jose is 50 mi. The distance between Indianapolis and Anderson is 43 mi. San Jose gets a tremendous economic boost due to its proximity to San Francisco/Oakland. We are talking about a 8.5 million. That's a larger population base than the entire state of Indiana.
It's not what anyone chooses to call it. There are criteria involved for msa designations, regardless of distance. And it seems to me that now you're trying to move the goal posts. The original post, and one you've been defending, was based on an MSA GDP. Now suddenly MSA's are questionable because Indy is not at the top of its peers. How about Portland? Portland is well away from its closest large neighbors. What's the excuse there? How about Charlotte or Pittsburgh, which also have larger metro GDPs?
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Old 06-04-2015, 08:14 AM
 
1,480 posts, read 1,288,128 times
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Default You're a funny dude

Quote:
Originally Posted by jbcmh81 View Post
It's not what anyone chooses to call it. There are criteria involved for msa designations, regardless of distance. And it seems to me that now you're trying to move the goal posts. The original post, and one you've been defending, was based on an MSA GDP. Now suddenly MSA's are questionable because Indy is not at the top of its peers. How about Portland? Portland is well away from its closest large neighbors. What's the excuse there? How about Charlotte or Pittsburgh, which also have larger metro GDPs?
Actually it was you who moved the goal post. The OP posted the following:

Quote:
Originally Posted by ColdAilment View Post
Indianapolis ranks 25th in the nation in metro GDP, and ranks considerably higher than several cities which are larger and is neck and neck with cities that are considerably larger than it.

List of U.S. metropolitan areas by GDP - Wikipedia, the free encyclopedia

At $126 billion Indianapolis is tied with Riverside/San Berndaino and just a smidge below Pittsburgh, and not too far behind Charlotte, although Charlotte is growing much faster than Indy.

Indy is also ahead of its peer and rival cities:

Tampa
Cincinnati
Kansas City
Columbus
Sacramento
Austin
Nashville
Milwaukee

Indianapolis is just barely 2 million people in the metro area by the most recent estimates, what makes it punch so far above its weight in GDP?
The above mentioned cities were the peer cities being discussed. Indy's GDP is greater than Columbus and as a typical Columbus booster you made a feeble attempt to disminish that irrefutable fact. Case in point ... San Jose and Portland were never part of the discussion. YOU BROUGHT THEM INTO THE DISCUSSION.
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Old 06-04-2015, 08:20 AM
 
Location: Albuquerque, New Mexico
1,240 posts, read 1,533,316 times
Reputation: 1503
Quote:
Originally Posted by MrPortCity View Post
I don't know if Indy is punching above it's weight because the BLS that releases this in it's 2013 report had Indy in 2011 at 103.815 billion but it's most recent has 2011 at 114.17 billion. It also was Indianapolis-Carmel in the old report and now Indianpolis-Carmel-Anderson, IN. So there is more population included. The pop base in the first report is 2 million at 103.815b, about $52k and the second is 2.4m, putting per capita at $52.6k.

That would put Indy below Chicago, Columbus, Cleveland and Kansas City

2013 Report (PDF)
2014 Report (PDF)
Look at how the same years are different
According to the rankings on Wikipedia, Indianapolis-Carmel-Anderson MSA is at 1,971,274 for 2014. The CSA, which is called Indianapolis-Carmel-Muncie is at about 2.35 million:

List of Metropolitan Statistical Areas - Wikipedia, the free encyclopedia

List of primary statistical areas of the United States - Wikipedia, the free encyclopedia

GDP statistics are produced for individual metros, not CSAs. So, the Indianapolis 2013 GMP figure of 126 billion is for that 1.971 million metro not the 2.35 million CSA.

CSAs often include micropolitan areas and the BEA does not produce separate GDP statistics for micropolitan areas, which is why GDP figures are never produced on a CSA level. CSAs that consist of only separate MSAs can obviously come up with a CSA total, though.


Looking again at all of this I've realized that I used the 2013 GMP figures and the 2014 metro population estimates to come up with the per capita figures I posted earlier. Obviously this will hurt the per capita figure of fast-growing metros that may add tens of thousands of people in a year.
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Old 06-04-2015, 08:25 AM
 
Location: Mishawaka, Indiana
6,208 posts, read 8,359,727 times
Reputation: 4638
Quote:
Originally Posted by jbcmh81 View Post
It's not what anyone chooses to call it. There are criteria involved for msa designations, regardless of distance. And it seems to me that now you're trying to move the goal posts. The original post, and one you've been defending, was based on an MSA GDP. Now suddenly MSA's are questionable because Indy is not at the top of its peers. How about Portland? Portland is well away from its closest large neighbors. What's the excuse there? How about Charlotte or Pittsburgh, which also have larger metro GDPs?
Portland is over 300k larger in the metro area than Indy. My comparison showed 8 cities that Indy is smaller than but also has a higher GDP than.

San Jose by the most recent estimates is actually slightly larger than Indianapolis, and the fact its per capita GDP is so much higher is laughable. San Jose is one of the most expensive cities in the country to live in. Indianapolis is routinely voted as the cheapest and most affordable large city to live in.
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Old 06-04-2015, 08:26 AM
 
Location: Mishawaka, Indiana
6,208 posts, read 8,359,727 times
Reputation: 4638
Quote:
Originally Posted by MrPortCity View Post
I don't know if Indy is punching above it's weight because the BLS that releases this in it's 2013 report had Indy in 2011 at 103.815 billion but it's most recent has 2011 at 114.17 billion. It also was Indianapolis-Carmel in the old report and now Indianpolis-Carmel-Anderson, IN. So there is more population included. The pop base in the first report is 2 million at 103.815b, about $52k and the second is 2.4m, putting per capita at $52.6k.

That would put Indy below Chicago, Columbus, Cleveland and Kansas City

2013 Report (PDF)
2014 Report (PDF)
Look at how the same years are different
Indy metro is 1.971 million
Indy CSA is 2.35 million. We are discussing msa here, not CSA.
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Old 06-04-2015, 06:47 PM
 
Location: Mexico City, formerly Columbus, Ohio
12,766 posts, read 12,748,545 times
Reputation: 5440
Quote:
Originally Posted by ColdAilment View Post
Portland is over 300k larger in the metro area than Indy. My comparison showed 8 cities that Indy is smaller than but also has a higher GDP than.

San Jose by the most recent estimates is actually slightly larger than Indianapolis, and the fact its per capita GDP is so much higher is laughable. San Jose is one of the most expensive cities in the country to live in. Indianapolis is routinely voted as the cheapest and most affordable large city to live in.
But the metros that Indy may be smaller than are not its only peers. And Tampa isn't even a peer. It's being very selective to get a specific result, and that's not how this works. You're also making excuses for why Indy may not be #1. It's okay not to be. What does cost of living have to do with economic output, specifically?
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