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.
Notable above
----------------
San Francisco
Portland
Seattle
Austin
Denver
New Orleans
Las Vegas
Philadelphia
Boston
Notable below
----------------
Phoenix
Oklahoma City
Jacksonville
Sacramento
Fresno
Everything else, in my opinion, punches more or less at its weight. To me, I don't necessarily consider GDP to be the primary factor. It's all about urbanity, vibrancy, amenities, and quality of life. There are cities like Oklahoma City that perform very well for their tier economically, but in terms of vibrancy and amenities, offer far below what a typical city its size should.
How do any of those factors contribute to "punching below their weight" economically? OKC, Jacksonville, and Phoenix (don't know about the others) all have had booming economies over the last few years. Even with the current depression in commodity pricing, OKC's unemployment rate is well below the national average and the rapid pace of development throughout the city hasn't slowed at all.
Notable above
----------------
San Francisco
Portland
Seattle
Austin
Denver
New Orleans
Las Vegas
Philadelphia
Boston
Everything else, in my opinion, punches more or less at its weight. To me, I don't necessarily consider GDP to be the primary factor. It's all about urbanity, vibrancy, amenities, and quality of life. There are cities like Oklahoma City that perform very well for their tier economically, but in terms of vibrancy and amenities, offer far below what a typical city its size should.
Minneapolis belongs in that group, especially if cities like Portland, Austin, Denver, New Orleans, and Las Vegas are listed.
How do any of those factors contribute to "punching below their weight" economically? OKC, Jacksonville, and Phoenix (don't know about the others) all have had booming economies over the last few years. Even with the current depression in commodity pricing, OKC's unemployment rate is well below the national average and the rapid pace of development throughout the city hasn't slowed at all.
I think he means for all of the economic growth and even population growth that occurred in these cities, the GDP is not showing it. When you look at Phoenix in particular, it places 15th, whereas it is the 6th largest city in the country. Oklahoma City is the 27th largest city in the country and has a metro larger than New Orleans and Hartford, but the GDP is not showing it as well.
I think he means for all of the economic growth and even population growth that occurred in these cities, the GDP is not showing it. When you look at Phoenix in particular, it places 15th, whereas it is the 6th largest city in the country. Oklahoma City is the 27th largest city in the country and has a metro larger than New Orleans and Hartford, but the GDP is not showing it as well.
GDP is measured on the MSA level, not the municipal level. City population doesn't determine if a metro is underperforming economically or not.
I know that. That's why I specifically stated the metro areas. Given the growth rates, my argument still holds true for Phoenix and Oklahoma City. Their GDP growth is not reflective of their metro sizes.
GDP is measured on the MSA level, not the municipal level. City population doesn't determine if a metro is underperforming economically or not.
Please read. As I have already stated, their GDPs are underperforming given their metro sizes. I used to the city populations of both as a frame of reference, not to define GDP growth.
I think he means for all of the economic growth and even population growth that occurred in these cities, the GDP is not showing it. When you look at Phoenix in particular, it places 15th, whereas it is the 6th largest city in the country. Oklahoma City is the 27th largest city in the country and has a metro larger than New Orleans and Hartford, but the GDP is not showing it as well.
Error in fact: New Orleans has the larger metropolitan population.
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.