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.
Most are expected but wow@DC.. and Ohio is pretty impressive! So is Washington and Massachusetts for being states with ~7 - 7.5m people.
Ohio being 7th in the nation for GDP is just the same as its rank for population. Perhaps the state gets underestimated at times since it has multiple moderately large metros rather than one particularly high profile "mega" metro area.
These states are always so close in population and GDP year after year. I wonder 10 years from now, if this gap will remain the same, increase or decrease? (Assuming the virus fades away this year).
05. Illinois: $908,913,000,000
06. Pennsylvania: $824,603,000,000
Both states have challenges in that Illinois seems to have more problematic governance, while Pennsylvania is a bit more dependent on stagnant legacy industries. Pennsylvania may be a little disadvantaged on GDP per capita since a higher share of residents commute to work outside the state. I don't think the small gap will change much in the next decade, but Pennsylvania probably has a better potential for growth given its better public fiscal situation.
These states are always so close in population and GDP year after year. I wonder 10 years from now, if this gap will remain the same, increase or decrease? (Assuming the virus fades away this year).
05. Illinois: $908,913,000,000
06. Pennsylvania: $824,603,000,000
I think you'd have to look at how the growth in GDP has trended over time, which has been generally in favor of Illinois, if I'm not mistaken. Regardless, based on current trends, it seems like it would take a long time for PA to bridge the gap (if it even can).
Both states have challenges in that Illinois seems to have more problematic governance, while Pennsylvania is a bit more dependent on stagnant legacy industries. Pennsylvania may be a little disadvantaged on GDP per capita since a higher share of residents commute to work outside the state. I don't think the small gap will change much in the next decade, but Pennsylvania probably has a better potential for growth given its better public fiscal situation.
Nice analysis, and it would be great to see both states hit that $1 trillion mark in the next decade.
Ohio being 7th in the nation for GDP is just the same as its rank for population. Perhaps the state gets underestimated at times since it has multiple moderately large metros rather than one particularly high profile "mega" metro area.
I was wondering the same thing about their post- what is impressive about Ohio? It is decidely average in every way related to GDP. It doesn't underperform, but it doesn't overperform either. If you look at ABQalex's list of GDP per capita, there Ohio is, right in the middle, 26/51.
Think about what a powerhouse Nova really is? Impressive. Shocked Texas has not caught California yet.
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.
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.
