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Old 09-21-2016, 06:47 AM
 
8,090 posts, read 6,968,600 times
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Quote:
Originally Posted by manitopiaaa View Post
Here is MSA data for the Big 21 (cities that anchor CSAs above 3,000,000) + Baltimore/San Jose (which are components of the Big 21 - San Francisco/San Jose and Washington/Baltimore, and are Top 20 in GDP in their own right)

City: July 1, 2015 Population (#2015 GDP Rank, #2015 Population Rank)
2013: Real GDP Nominal Data
% Change 2014-2015 (using chained 2009 dollars)
Note: 2013/2014/2015 is 'Current-dollar'; % Change 2014-2015 is in chained 2009 dollars. If a village produces only 1 apple and that apple is worth $1 in 2013 and $1.50 in 2015, GDP went up 50% in nominal terms, assuming the currency was stable. If that apple was $0.75 in 2009, then the $0.75 is the chained price of that apple for 2013/2014/2015. Even if it's worth $1.50 in 2015, it only adds $0.75 using the chained model.

Atlanta: 5,710,795 (#10 in GDP, #9 in Population)
2013: $305.311bn
2014: $322.054bn
2015: $339.203bn
% Change 2014-2015: +2.9%
GDP Nominal Per Capita: $59,397

Baltimore: 2,797,407 (#19 in GDP, #21 in Population)
2013: $167.457bn
2014: $174.437bn
2015: $181.419bn
% Change 2014-2015: +1.5%
GDP Nominal Per Capita: $64,853

Boston: 4,774,321 (#9 in GDP, #10 in Population)
2013: $363.001bn
2014: $378.983bn
2015: $396.549bn
% Change 2014-2015: +2.2%
GDP Nominal Per Capita: $83,059

Chicago: 9,551,031 (#3 in GDP, #3 in Population)
2013: $587.130bn
2014: $608.710bn
2015: $640.656bn
% Change 2014-2015: +3.1%
GDP Nominal Per Capita: $67,077

Cleveland: 2,060,810 (#27 in GDP, #31 in Population)
2013: $119.959bn
2014: $125.602bn
2015: $128.448bn
% Change 2014-2015: +1.1%
GDP Nominal Per Capita: $62,329

Dallas-Fort Worth: 7,102,796 (#6 in GDP, #4 in Population)
2013: $452.668bn
2014: $478.572bn
2015: $485.683bn
% Change 2014-2015: +3.6%
GDP Nominal Per Capita: $68,379

Denver: 2,814,330 (#18 in GDP, #19 in Population)
2013: $177.134bn
2014: $188.174bn
2015: $193.172bn
% Change 2014-2015: +4.0%
GDP Nominal Per Capita: $68,639

Detroit: 4,302,043 (#14 in GDP, #14 in Population)
2013: $224.786bn
2014: $233.201bn
2015: $245.607bn
% Change 2014-2015: +2.1%
GDP Nominal Per Capita: $57,091

Houston: 6,656,947 (#4 in GDP, #5 in Population)
2013: $504.708bn
2014: $522.028bn
2015: $503.311bn
% Change 2014-2015: +4.6%
GDP Nominal Per Capita: $75,607

Los Angeles: 13,340,068 (#2 in GDP, #2 in Population)
2013: $843.758bn
2014: $879.960bn
2015: $930.817bn
% Change 2014-2015: +3.9%
GDP Nominal Per Capita: $69,776

Miami: 6,012,331 (#11 in GDP, #8 in Population)
2013: $285.149bn
2014: $300.027bn
2015: $317.986bn
% Change 2014-2015: +3.3%
GDP Nominal Per Capita: $52,889

Minneapolis-Saint Paul: 3,524,583 (#13 in GDP, #16 in Population)
2013: $225.837bn
2014: $237.643bn
2015: $248.779bn
% Change 2014-2015: +2.7%
GDP Nominal Per Capita: $70,584

New York: 20,182,305 (#1 in GDP, #1 in Population)
2013: $1,478.671bn
2014: $1,537.140bn
2015: $1,602.705bn
% Change 2014-2015: +1.7%
GDP Nominal Per Capita: $79,411

Orlando: 2,387,138 (#31 in GDP, #24 in Population)
2013: $108.301bn
2014: $114.452bn
2015: $121.329bn
% Change 2014-2015: +3.5%
GDP Nominal Per Capita: $50,826

Philadelphia: 6,069,875 (#8 in GDP, #7 in Population)
2013: $381.662bn
2014: $397.137bn
2015: $411.161bn
% Change 2014-2015: +1.5%
GDP Nominal Per Capita: $67,738

Phoenix: 4,574,531 (#17 in GDP, #12 in Population)
2013: $202.642bn
2014: $211.137bn
2015: $219.968bn
% Change 2014-2015: +1.8%
GDP Nominal Per Capita: $48,085

Portland: 2,389,228 (#20 in GDP, #23 in Population)
2013: $145.128bn
2014: $149.095bn
2015: $158.770bn
% Change 2014-2015: +4.6%
GDP Nominal Per Capita: $66,452

San Diego: 3,299,521 (#16 in GDP, #17 in Population)
2013: $202.227bn
2014: $210.387bn
2015: $220.573bn
% Change 2014-2015: +2.5%
GDP Nominal Per Capita: $66,850

San Francisco: 4,656,132 (#7 in GDP, #11 in Population)
2013: $384,375bn
2014: $408.067bn
2015: $431.704bn
% Change 2014-2015: +4.1%
GDP Nominal Per Capita: $92,717

San Jose: 1,976,836 (#15 in GDP, #35 in Population)
2013: $195.906bn
2014: $213.014bn
2015: $235.222bn
% Change 2014-2015: +8.9%
GDP Nominal Per Capita: $118,989

Seattle: 3,733,580 (#12 in GDP, #15 in Population)
2013: $281.977bn
2014: $298.084bn
2015: $313.654bn
% Change 2014-2015: +2.9%
GDP Nominal Per Capita: $84,009

Tampa-Saint Petersburg: 2,975,225 (#26 in GDP, #18 in Population)
2013: $121.553bn
2014: $127.326bn
2015: $133.838bn
% Change 2014-2015: +2.7%
GDP Nominal Per Capita: $44,984

Washington: 6,097,684 (#5 in GDP, #6 in Population)
2013: $460.375bn
2014: $474.375bn
2015: $491.042bn
% Change 2014-2015: +1.3%
GDP Nominal Per Capita: $80,529

I say again: The census calculates GDP my MSA, not CSA. There are a couple MSA's that aren't part of CSAs, but have higher GDPs than cities on this list.

Charlotte, Indianapolis, St Louis and Pittsburgh all rank in the top-25 of MSA's by GDP, making them economically more important than Tampa, Orlando, Cleveland.
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Old 09-21-2016, 08:36 AM
 
Location: South Beach and DT Raleigh
13,966 posts, read 24,174,498 times
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Quote:
Originally Posted by gladhands View Post
I say again: The census calculates GDP my MSA, not CSA. There are a couple MSA's that aren't part of CSAs, but have higher GDPs than cities on this list.

Charlotte, Indianapolis, St Louis and Pittsburgh all rank in the top-25 of MSA's by GDP, making them economically more important than Tampa, Orlando, Cleveland.
IMO, the whole conversation around MSAs and CSAs is situational. In some cases, MSAs are sufficient and appropriate to describe a metro and in others the CSA is more aligned with how the metro actually functions.

That said, I am not sure if your two comments are connected to each other because Charlotte, Indianapolis, St Louis and Pittsburgh all have CSAs.
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Old 09-21-2016, 08:42 AM
 
37,888 posts, read 41,980,539 times
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Quote:
Originally Posted by rnc2mbfl View Post
IMO, the whole conversation around MSAs and CSAs is situational. In some cases, MSAs are sufficient and appropriate to describe a metro and in others the CSA is more aligned with how the metro actually functions.
For me, only two regions really qualify: the Triangle and the Bay Area.

Quote:
That said, I am not sure if your two comments are connected to each other because Charlotte, Indianapolis, St Louis and Pittsburgh all have CSAs.
As far as Charlote and St. Louis go, they are CSAs that only consist of one MSA and a few micropolitan areas. For GDP comparison purposes, they are like MSAs without CSAs. The other two do have at least one other MSA in their CSAs.
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Old 09-21-2016, 08:44 AM
 
Location: Los Altos Hills, CA
36,660 posts, read 67,548,962 times
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Quote:
Originally Posted by gladhands View Post
I say again: The census calculates GDP my MSA, not CSA.
Incorrect. The census bureau doesnt calculate GDP.

The BEA doesnt release CSA data because they dont calculate micropolitan gdp, and many CSAs have micro areas included in them.

However, that doesnt mean we are not allowed to calculate CSAs on our own using available MSA data so we can get a sense of how large CSA gdps are.

I have yet to read a reason which doesnt reak of bitter homerism that adequately explains the tooth and nail opposition to CSA gdps.
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Old 09-21-2016, 08:54 AM
 
37,888 posts, read 41,980,539 times
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Quote:
Originally Posted by 18Montclair View Post
Incorrect. The census bureau doesnt calculate GDP.

The BEA doesnt release CSA data because they dont calculate micropolitan gdp, and many CSAs have micro areas included in them.

However, that doesnt mean we are not allowed to calculate CSAs on our own using available MSA data so we can get a sense of how large CSA gdps are.

I have yet to read a reason which doesnt reak of bitter homerism that adequately explains the tooth and nail opposition to CSA gdps.
Because GDP isn't calculated on the CSA level. You can get a rough idea of the GDP at the CSA level but it's not exact like it is for MSAs. That's enough of a valid reason IMO.
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Old 09-21-2016, 08:59 AM
 
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GDP by CSA is not calculated by the BEA simply because it is not a meaningful statistic. CSAs have no economic significance. No economist discusses GDP by CSA.
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Old 09-21-2016, 09:09 AM
 
37,888 posts, read 41,980,539 times
Reputation: 27279
Quote:
Originally Posted by Vlajos View Post
GDP by CSA is not calculated by the BEA simply because it is not a meaningful statistic. CSAs have no economic significance. No economist discusses GDP by CSA.
I wouldn't go that far. CSAs are based on the same thing MSAs are--commuting patterns--just at a lower threshold, but still significant. However I'd say micropolitan areas have little economic significance in the grand scheme of things.
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Old 09-21-2016, 09:17 AM
 
14,798 posts, read 17,696,594 times
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Quote:
Originally Posted by Mutiny77 View Post
I wouldn't go that far. CSAs are based on the same thing MSAs are--commuting patterns--just at a lower threshold, but still significant. However I'd say micropolitan areas have little economic significance in the grand scheme of things.
I go that far because it's the truth.

BEA: News Release: GDP by Metropolitan Area, 2015
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Old 09-21-2016, 09:22 AM
 
37,888 posts, read 41,980,539 times
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Quote:
Originally Posted by Vlajos View Post
I go that far because it's the truth.

BEA: News Release: GDP by Metropolitan Area, 2015
You can find no objective source that states that CSAs have no economic significance. Not one.

It's your opinion; it's not a factual statement.
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Old 09-21-2016, 09:30 AM
 
Location: Los Altos Hills, CA
36,660 posts, read 67,548,962 times
Reputation: 21244
Quote:
Originally Posted by Vlajos View Post
GDP by CSA is not calculated by the BEA simply because it is not a meaningful statistic.
Wrong. BEA doesnt release GDP by Micro Area so we cant fully calculate all CSAs.

Quote:
CSAs have no economic significance.
Again, the oft repeated lie you say over and over again hoping it will end the conversation. lol.

To say CSAs have no economic significance is to say that 15-25% of the people from one MSA who traverse MSA borders to their jobs in another MSA is coincidental and insignificant.

In some cases we're talking tens of billions of dollars transferred from one MSA to another and hundreds of thousands of cars clogging freeways in a neighboring MSA.

The level of disdain and uncalled for staunch opposition to CSAs is almost always rooted in ego-driven civic boosterism.

People think they can 'opppose' a statistical area designation.

Think about how ludicrous that sounds.

Quote:
No economist discusses GDP by CSA.
Haha oh yes they do, all the time when talking about megaregions, supercommuting, regional economies etc.

Sociologists, Statisticians, Political Scientists, etc always talk about CSAs and their effects, they just dont know it.
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