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Old 09-24-2015, 11:41 AM
 
11,141 posts, read 22,257,132 times
Reputation: 10876

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Quote:
Originally Posted by mjlo View Post
Cliché homer here but I think this is awesome, can you do it for Grand Rapids too?
Grand Rapids:
2010: 4.1%
2011: 4.1%
2012: 7.9%
2013: 5.6%
2014: 6.4%
5 Year: 31%
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Old 09-24-2015, 11:47 AM
 
Location: Seattle, WA
443 posts, read 615,619 times
Reputation: 308
Quote:
Originally Posted by Ant131531 View Post
You can see it in the growth rates that Atlanta is ramping up. It has the same % growth rates as cities like Seattle now and closing it on SF and Denver. I honestly don't see Seattle passing Atlanta in GDP if Atlanta's GDP growth rates continue to increase especially since job growth this year remains very strong.

Dallas and San Jose are monsters. Even when I was in Dallas this summer, you can feel and see the boom...suburbs going up everywhere....everything felt new like it was built very recently. I think it will remain strong. Dallas is kind of where Atlanta wants to be moving forward.

Yikes at Houston. That GDP growth is near the level of Atlanta in the middle of the recession. Job losses almost certainly means we might be seeing a GDP decrease. I can't imagine what the 2015 GDP growth rate will be. I think Houston is in recession.
Yeah my reality check is that 4 years ago the gap between the 2 MSA's was about 33 billion and its now still 24 Billion. That's a large gap that would take between 1 to 2 decades to erase assuming the same performance. Hopefully as you note the recent pickup in the economy will continue and both MSA's will have relatively robust growth.

Last edited by benleis; 09-24-2015 at 12:02 PM..
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Old 09-24-2015, 12:02 PM
 
11,141 posts, read 22,257,132 times
Reputation: 10876
Quote:
Originally Posted by jbcmh81 View Post
In total GDP, Detroit passed up Minneapolis to become the Midwest's second largest metro economy. That is surprising to me, but I guess Detroit is the larger metro of the two, so perhaps it shouldn't be surprising at all. It's per-capita GDP, however, is one of the lowest of any in the Midwest, and well below MSP, so certainly not all rosy.
Minneapolis is towards the top though, ranking 5 of 300 metro areas in median household income. Detroit does fairly well compared to what people might guess. I feel per-capita GDP can sway thing sometimes, because you can have a red-hot industry that's really making money and churning out goods or services, but that $100 billion in actual GDP may not exactly trickle down to the city in which its based.

Houston ranks #6 in GDP per person, but only #58 in median household income. A lot of that GDP comes from oil profits...but those aren't going back into the pockets of the citizens of Houston in many cases, it's going into the company's pocketbooks who are based in Houston.

San Jose saw a 43% growth in GDP in the past five years, much of that in the form of tech industries like Google and Facebook, but of course that doesn't mean the average citizen of the San Jose area saw a 43% rise in their standards of living over the same 5 years.

Of the larger metros and their overall median household income rank with a few midwestern ones highlighted:

Adjust this household income for the average cost of living, and I bet Minneapolis and Detroit would actually both shoot up from their current ranks. Look at housing costs in Seattle and Detroit and compare it with the similar household income and it change change your position in life quickly if we're just looking at disposable income and living standards.

1) San Francisco: $63,024
2) New York: $59,799
3) Washington DC: $57,291
5) Minneapolis: $54,304
6) Boston: $52,792
12) Chicago: $51,046
14) Seattle: $50,733
17) Detroit: $49,160
18) Austin: $48,950
24) Philadelphia: $47,528
26) Dallas: $47,418
27) San Diego: $47,067
36) Kansas City: $46,193
41) Portland: $46,090
43) Los Angeles: $45,903
47) Indianapolis: $45,548
55) Cincinnati: $44,914
57) Columbus: $44,782

58) Houston: $44,761
59) Phoenix: $44,752
65) St Louis: $44,437
80) Las Vegas: $42,468
85) Cleveland: $42,215
104) Memphis: $40,201
126) San Antonio: $39,140
132) Miami: $38,632
153) Pittsburgh: $37,467
156) Tampa: $37,406
204) New Orleans: $35,317
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Old 09-24-2015, 12:13 PM
 
3,908 posts, read 3,429,662 times
Reputation: 6240
Quote:
Originally Posted by Chicago60614 View Post
Grand Rapids:
2010: 4.1%
2011: 4.1%
2012: 7.9%
2013: 5.6%
2014: 6.4%
5 Year: 31%

Thank yah!
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Old 09-24-2015, 12:37 PM
 
11,141 posts, read 22,257,132 times
Reputation: 10876
Quote:
Originally Posted by mjlo View Post
Thank yah!
Here are all of Michigan's metros if you want:

Grand Rapids:
2010: 4.1%
2011: 4.1%
2012: 7.9%
2013: 5.6%
2014: 6.4%
5 Year: 31%

Detroit:
2010: 6.5%
2011: 4.5%
2012: 4.8%
2013: 4.6%
2014: 4.4%
5 Year: 27%

Muskegon:
2010: 6.7%
2011: 4.2%
2012: 4.0%
2013: 3.8%
2014: 3.7%
5 Year: 24%

Jackson:
2010: 6.4%
2011: 2.0%
2012: 2.0%
2013: 7.7%
2014: 3.6%
5 Year: 23%

Lansing:
2010: 8.4%
2011: -0.5%
2012: 0.0%
2013: 5.7%
2014: 3.9%
5 Year: 19%

Flint:
2010: 5.3%
2011: 0.8%
2012: 3.3%
2013: 4.8%
2014: 1.5%
5 Year: 17%

Saginaw:
2010: 7.7%
2011: 1.4%
2012: 1.4%
2013: 2.8%
2014: 2.7%
5 Year: 17%

Battle Creek:
2010: -14.3%
2011: 21.4%
2012: 3.9%
2013: 5.7%
2014: 1.8%
5 Year: 16%

Kalamazoo:
2010: 1.6%
2011: 2.4%
2012: 1.5%
2013: 5.3%
2014: 2.9%
5 Year: 14%

Niles:
2010: 5.4%
2011: -3.4%
2012: -1.8%
2013: 8.9%
2014: 3.3%
5 Year: 13%

Ann Arbor:
2010: 3.8%
2011: 0.0%
2012: 0.5%
2013: 4.7%
2014: 1.5%
5 Year:11%

Bay City:
2010: 3.4%
2011: 0.0%
2012: 3.3%
2013: 3.2%
2014: -3.1%
5 Year: 7%
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Old 09-24-2015, 12:44 PM
 
11,141 posts, read 22,257,132 times
Reputation: 10876
Iowa metros

Dubuque:
2010: 7.1%
2011: 2.2%
2012: 15.2%
2013: 0.0%
2014: 1.9%
5 Year: 29%

Des Moines:
2010: 2.8%
2011: 5.2%
2012: 8.9%
2013: 3.3%
2014: 4.6%
5 Year: 27%

Iowa City:
2010: 4.2%
2011: 5.3%
2012: 5.1%
2013: 3.6%
2014: 3.5%
5 Year: 24%

Waterloo:
2010: 0.0%
2011: 0.0%
2012: 19.2%
2013: 2.2%
2014: 1.1%
5 Year: 23%

Sioux City:
2010: 2.6%
2011: 1.3%
2012: 1.3%
2013: 8.7%
2014: 2.3%
5 Year: 17%

Cedar Rapids:
2010: 3.3%
2011: 2.5%
2012: 2.5%
2013: 4.2%
2014: 2.9%
5 Year: 16%

Davenport:
2010: 4.1%
2011: 4.5%
2012: 4.3%
2013: 2.6%
2014: -0.5%
5 Year: 16%

Ames:
2010: 9.5%
2011: -2.2%
2012: -2.2%
2013: 4.5%
2014: 2.2%
5 Year: 12%
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Old 09-24-2015, 01:32 PM
 
Location: City of Atlanta
2,737 posts, read 1,688,192 times
Reputation: 3803
What happened to Portland in 2012-2013?
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Old 09-24-2015, 01:40 PM
 
12,632 posts, read 4,554,359 times
Reputation: 5093
Quote:
Originally Posted by Red John View Post
That's faster than China and India.
It's not inflation adjusted.
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Old 09-24-2015, 01:52 PM
 
Location: LoS ScAnDaLoUs KiLLa CaLI
1,227 posts, read 1,185,546 times
Reputation: 1179
Quote:
Originally Posted by Pemgin View Post
What happened to Portland in 2012-2013?
LaMarcus Aldridge left.

Oh you mean 2 years ago.
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Old 09-24-2015, 01:56 PM
 
Location: Baltimore, MD
3,509 posts, read 2,939,500 times
Reputation: 2737
Quote:
Originally Posted by 18Montclair View Post

Houston is the only MSA in it's CSA.
True, but after some research, it does apparently add Walker and Matagorda Counties for its CSA, which gives it a slight population boost of around 100,000. I'm guessing this is enough to prevent Houston from solely being an MSA like Phoenix or Tampa. Just was bugging me that Houston's MSA and CSA population difference, however small, was there without explanation. Good thread overall, though.
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