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10-27-2009, 08:21 AM
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You guys are like little kids. Give me, give me, give me. Ok here is something to pacify you.
This first link is for data from 2000. It is a PDF and if you go to page 7 you will see that Columbus had 21 companies headquartered.
http://www.chicagofed.org/publicatio...2/2qepart2.pdf
This second link as of 2009. It the entire state of Ohio. You have to count how many are in the Columbus vicinity. I count 12.
Fortune 500 2009: States: Ohio Companies - FORTUNE on CNNMoney.com
I am sure if we go back further into the 1990's you will see even more companies in Columbus.
By the way---Nationwide never moved in. They started in Columbus in the 1930's by the name of Ohio Farm Bereau. National City is not headquartered in Columbus. US Bank not headquartered in Columbus. Safe Auto is not a publicly traded company. They tried to go public a while back, but don't think it worked out. To be on the Fortune 500 list the company has to be publicly traded. |
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10-27-2009, 08:25 AM
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19 posts, read 9,075 times
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Yes, NewtoCA, it is good to be reminded of all the progress. And it seems that some
companies moved out, and some moved in. So what's the point, coach?
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10-27-2009, 09:16 AM
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Hmmm. Well lets see. I know! A little math. If you have 21 Fortune 500 companies headquartered in Columbus OH in 2000 and only 12 in 2009 what does that mean. Anyone? Ok, that means that means we have 9 less companies now. But what does that mean? That means that after some companies move out and some move in, we still had more companies that moved out of Columbus. But what does that mean? That means that Fortune 500 comapanies are finding Columbus less attractive than they did 9 years ago, that means less employment opportunities for us, that means average income does not keep up with the pace of average income in other major cities. Where is the progress in that?
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10-27-2009, 12:54 PM
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Senior Member
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Join Date: Jan 2008
Location: Columbus (AKA Mayberry R Fing D)
705 posts, read 364,945 times
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hizzhonor Coleman (young) got the city a nice big fat progressive tax increase.
That's gone up
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10-27-2009, 01:21 PM
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Senior Member
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Join Date: Sep 2007
Location: San Jose, CA
1,816 posts, read 784,215 times
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Quote:
Originally Posted by coach123
You guys are like little kids. Give me, give me, give me. Ok here is something to pacify you.
This first link is for data from 2000. It is a PDF and if you go to page 7 you will see that Columbus had 21 companies headquartered.
http://www.chicagofed.org/publicatio...2/2qepart2.pdf
This second link as of 2009. It the entire state of Ohio. You have to count how many are in the Columbus vicinity. I count 12.
Fortune 500 2009: States: Ohio Companies - FORTUNE on CNNMoney.com
I am sure if we go back further into the 1990's you will see even more companies in Columbus.
By the way---Nationwide never moved in. They started in Columbus in the 1930's by the name of Ohio Farm Bereau. National City is not headquartered in Columbus. US Bank not headquartered in Columbus. Safe Auto is not a publicly traded company. They tried to go public a while back, but don't think it worked out. To be on the Fortune 500 list the company has to be publicly traded. |
I'm not sure having a lot of Fortune 500 companies in a certain metro area is a good barometer of economic health. Obviously, having companies move out might not be a good thing. But what really matters is whether or not new companies are forming. Sometimes the big companies are not very innovative or dynamic, and often when companies get big, they take advantage of large economies of scale and lay off a lot of people and/or are sluggish in hiring.
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10-27-2009, 01:31 PM
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96 posts, read 32,846 times
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How can it not be a good barometer? More fortune 500 companies = economic diversity, higher income, more stablility, more employment. You have mass layoffs in one company it is much easier to find a job when you have 25 other large companies.
Case in point: Houston and Dallas TX vs. Elkhart Ind
Houston and Dallas I think are number 1 and 2 in the number of Fortune 500 headquarted in each city. Both pretty much avoided the recession. In fact one of those city's unemployment numbers were lower last year than in 2007.
Elkhart, Ind---Do I really need to say anything here?
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10-27-2009, 01:42 PM
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Senior Member
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Join Date: Apr 2008
687 posts, read 464,684 times
Reputation: 150
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Quote:
Originally Posted by coach123
You guys are like little kids. Give me, give me, give me. Ok here is something to pacify you.
This first link is for data from 2000. It is a PDF and if you go to page 7 you will see that Columbus had 21 companies headquartered.
http://www.chicagofed.org/publicatio...2/2qepart2.pdf
This second link as of 2009. It the entire state of Ohio. You have to count how many are in the Columbus vicinity. I count 12.
Fortune 500 2009: States: Ohio Companies - FORTUNE on CNNMoney.com
I am sure if we go back further into the 1990's you will see even more companies in Columbus.
By the way---Nationwide never moved in. They started in Columbus in the 1930's by the name of Ohio Farm Bereau. National City is not headquartered in Columbus. US Bank not headquartered in Columbus. Safe Auto is not a publicly traded company. They tried to go public a while back, but don't think it worked out. To be on the Fortune 500 list the company has to be publicly traded. |
Again, if you make a claim, you should always be prepared to back it up with facts. I don't see how we're the ones behaving like children asking you to do that. But nice try spinning that around on us. 
Anyways, I don't see any mention of the term "Fortune 1000" in the first source your produced. I see a lot of talk about "large companies," but the term is used very ambiguously. All one must do is tally up the first 13 metropolitan areas on that list (for a total of 1009 large company headquarters) and it becomes clear that they're not using the Fortune 1000, they're using a list that includes a larger number of companies.
As for your final claim about going to back to 1990 and seeing even more companies listed, that's pure speculation. Greater Columbus has grown quite a bit since that time and common sense would indicate that, if anything, the area has gained large companies, not lost them.
Last edited by Clevelander17; 10-27-2009 at 01:58 PM..
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10-27-2009, 01:49 PM
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Senior Member
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687 posts, read 464,684 times
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Oops, forgot to mention that since the first list in question talks about metropolitan areas, and since we want to be fair and compare apples to apples, that means on the Fortune 1000 list that Columbus is actually represented by 14 companies.
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10-27-2009, 02:38 PM
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96 posts, read 32,846 times
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The first list is close enough. It says they used publicly traded companie with more than 2500 employees. That is good enough to make my point that large publicly traded companies have left Columbus.
You count 14 vs my 12, fine than it is 7 fewer companies.
If I give you data that goes back to 1990 and proves my point do you promise that you will on this public forum state that coach123 is the bestesest ever and you aspire to be me?
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10-27-2009, 07:25 PM
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Senior Member
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Join Date: Apr 2008
687 posts, read 464,684 times
Reputation: 150
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Quote:
Originally Posted by coach123
The first list is close enough. It says they used publicly traded companie with more than 2500 employees. That is good enough to make my point that large publicly traded companies have left Columbus.
You count 14 vs my 12, fine than it is 7 fewer companies.
If I give you data that goes back to 1990 and proves my point do you promise that you will on this public forum state that coach123 is the bestesest ever and you aspire to be me?
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I don't think the first list is close enough. I haven't added up the numbers completely, but my guess (based on what I've already got for the first 13) is that it accounts for well over 2000 companies. If you're comparing that to a list that only looks at 1000 companies, the odds are good, and the percentages would predict, that somewhere within that extra 1000+ companies you'll find the 7 or 9 smaller companies that do not appear on the later Fortune 1000 list. |
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