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Old 02-19-2019, 08:52 PM
 
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Curious about the San Diego and Napa entries. Why is Napa not considered micropolitan? And San Diego does not seem to have that strong of an economy aside from the life sciences and (small) defense sectors
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Old 02-20-2019, 09:52 AM
 
Location: Zurich, Switzerland/ Piedmont, CA
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Originally Posted by dozener View Post
Curious about the San Diego and Napa entries. Why is Napa not considered micropolitan? And San Diego does not seem to have that strong of an economy aside from the life sciences and (small) defense sectors
Micropolitan areas only have 10,000-50,000 people.
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Old 02-20-2019, 09:55 AM
 
Location: Somewhere in the lower 48.
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Originally Posted by 18Montclair View Post
Micropolitan areas only have 10,000-50,000 people.
No, "the OMB defines a Micropolitan Statistical Area as one or more adjacent counties or county equivalents that have at least one urban core area of at least 10,000 population but less than 50,000, plus adjacent territory that has a high degree of social and economic integration with the core as measured by commuting ties."

The largest micropolitan area is Claremont-Lebanon NH-VT with a population of 217,634.

https://en.wikipedia.org/wiki/List_o...tistical_areas

Last edited by JMT; 02-20-2019 at 10:05 AM..
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Old 02-20-2019, 02:54 PM
 
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Originally Posted by dozener View Post
Curious about the San Diego and Napa entries. Why is Napa not considered micropolitan? And San Diego does not seem to have that strong of an economy aside from the life sciences and (small) defense sectors
Yeah, I was curious as well about Napa. It's a city of 70K or so. We go there a couple times a year and it's positively booming based on wine country tourism. A lot of wealthy people dropping big bucks. Many from the nearby Bay Area.

Similarly, the San Diego economy is booming! Unemployment is about 3% or so, versus 4% nationwide. As you mention there's a large life science/med device/healthcare sector that's doing very well. Not sure why you'd refer to the defense sector as small. SD has the largest concentration of military anywhere. There's military operations as well as a strong defense technology sector. SD is the hub of drone development which is hot now. Military as a whole accounts for about 20% of SD economy. SD is also the mecca of the telecommunications industry. Qualcomm is in SD. At one point Qualcomm was more prominent than Microsoft, though that is eroding with new players. Every smartphone in the world uses Qualcomm technology. Thus, every telecommunications company has at least an R&D presence in SD. Lastly there's tourism. Being a beautiful city on the coast has a large tourist draw along the a robust convention business.
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Old 02-20-2019, 10:42 PM
 
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Originally Posted by BuffaloHome View Post
The greater Nashville, TN area was ranked as the strongest Metropolitan area economy in the United States in POLICOM’s latest annual community “economic strength” rankings. The area has enjoyed consistent economic growth for a very long time due to its diversified economy.

For the second year in a row, Bozeman, MT ranked number one among the Micropolitan areas as a result of rapid growth in professional services and manufacturing.

POLICOM is an independent economics research firm which specializes in analyzing the dynamics of local and state economies. Each year, the firm ranks the 383 Metropolitan Statistical Areas and 551 Micropolitan Statistical Areas in the U.S. for “economic strength” — the long-term tendency for an area to consistently grow in both size and quality.

“The top rated areas have had rapid, consistent growth in both size and quality for an extended period of time,” explained William H. Fruth, President of POLICOM. “The rankings do not reflect the latest ‘hotspot’ or boom town, but the areas which have the best economic foundation.”


2019 Ten Strongest Metropolitan Areas (Out of 383)
  1. Nashville TN
  2. Seattle WA
  3. Austin TX
  4. San Jose CA
  5. Napa CA
  6. Salt Lake City UT
  7. San Diego CA
  8. Indianapolis IN
  9. Raleigh NC
  10. Atlanta GA

2019 Ten Strongest Micropolitan Areas (Out of 551)
  1. Bozeman MT
  2. Summit Park UT
  3. Lewisburg PA
  4. Hood River OR
  5. Wooster OH
  6. Breckenridge CO
  7. Edwards CO
  8. Eureka CA
  9. Oxford MS
  10. Ellensburg WA
https://businessfacilities.com/2019/...ength-ranking/
It's almost Impossible to leave Dallas out of this List..........
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Old Today, 11:20 AM
 
Location: Nashville, TN
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This is great news. Nashville is doing very well.
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