Houston's Economy is Larger than DFW (Dallas, San Antonio: university, prices, statistics)

[KatyBob]

Interesting statistics came out today from the US Dept of Commerce giving economic size (GDP output) by metro area. It looks like as much as Dallas likes to brag about itself that Houston's economy really is bigger.......not by much though : ) Here is a link to the site and some select metro area's GDP. Dallas was larger into 2004 but Houston eclipsed DFW in 2005. It's amazing how massive NYC Metro still is.


In Billions

Atlanta Metro: $242 B
Austin Metro: $65 B
Chicago Metro: $461 B
Dallas-Fort Worth Metro: $315.5 B
Houston Metro: $316.3 B
Los Angeles Metro: $632 B
New York Metro: $1,056 B
San Antonio Metro: $67 B

http://www.bea.gov/regional/gdpmetro/default.cfm#download

[cipher0]

Only because oil is $80 a barrel.

[aceplace]

The difference is too small to mean anything, just one quarter of one percent. That's well within the margin of error.

The numbers are actually just an estimate made by a Waco economist, according to the news article I read. Some other economist would look at the same indicators and very likely have a different set of figures. Or look at different indicators entirely.

Amusing... but meaningless.

[nativeDallasite]

*shrug* I won't lose any sleep over it.

[aceplace]

They say that if you get 3 economists to research a problem, you get 6 different answers.

The University of Texas' economics final exam has the same questions every year. It's still hard to cheat because the right answers change every year.

Harry Truman was famous for wanting to find a one-handed economist. Whenever he'd be briefed on the economy, the professor would say... "on the other hand, if oil prices go up, the economy could actually shrink this year."

[Philip T]

ok. My neighbor's wife's butt is bigger than my wife's butt.

Quesstion for Dr. Phil: Is this a good thing, a bad thing, or just a thing?

Dr. Phil sez: And how does that make you feel?

Thinking deeply on the matter, I discover that I am rather indifferent, I must confess. I understand that I am not supposed to covet my neighbor's ass, but I am not sure if that what we are talking about.

[Willys]

Originally Posted by KatyBob

Interesting statistics came out today from the US Dept of Commerce giving economic size (GDP output) by metro area. It looks like as much as Dallas likes to brag about itself that Houston's economy really is bigger.......not by much though : ) Here is a link to the site and some select metro area's GDP. Dallas was larger into 2004 but Houston eclipsed DFW in 2005. It's amazing how massive NYC Metro still is.

In Billions

Dallas-Fort Worth Metro: $315.5 B
Houston Metro: $316.3 B

I'd be interested in how the 'metro' area is defined for both DFW and Houston. Last I knew, DFW did encompass all of that area from the west side of Fort Worth to the east side of Dallas and some adjoining counties. Houston metro was that area of Houston that fell within Harris County. That would not include Galveston, Clear Lake (NASA), Friendswood, Sugarland, Woodlands, Conroe and probly others.

[SouthDallas40]

Originally Posted by Willys

I'd be interested in how the 'metro' area is defined for both DFW and Houston. Last I knew, DFW did encompass all of that area from the west side of Fort Worth to the east side of Dallas and some adjoining counties. Houston metro was that area of Houston that fell within Harris County. That would not include Galveston, Clear Lake (NASA), Friendswood, Sugarland, Woodlands, Conroe and probly others.

Houston Metro Counties:
Harris
Brazoria
Galveston
Chambers
Fort Bend
Montgomery
Liberty
Waller

That part of "Houston" that falls entirely within Harris county is probably the City of Houston proper.
Are you sure you understand what Metro means?

[aceplace]

The definition of a metro area is established by a Federal bureau called the Office of Management and Budget. What is nebulous, and very questionable, are the assumptions the Waco economist used to come up with his numbers. Since we don't know what they are, there is no way we can agree with his conclusions.

[940]

Originally Posted by Willys

I'd be interested in how the 'metro' area is defined for both DFW and Houston. Last I knew, DFW did encompass all of that area from the west side of Fort Worth to the east side of Dallas and some adjoining counties. Houston metro was that area of Houston that fell within Harris County. That would not include Galveston, Clear Lake (NASA), Friendswood, Sugarland, Woodlands, Conroe and probly others.

The Houston metro does include the above mentioned cities.

Originally Posted by SouthDallas40

Houston Metro Counties:
Harris
Brazoria
Galveston
Chambers
Fort Bend
Montgomery
Liberty
Waller

That part of "Houston" that falls entirely within Harris county is probably the City of Houston proper.
Are you sure you understand what Metro means?

Two more counties not mentioned that fall into the Houston metro...

Austin County
San Jacinto County

Greater Houston - Wikipedia, the free encyclopedia