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Raleigh, Durham, Chapel Hill, Cary The Triangle Area
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Old 10-04-2018, 06:23 AM
 
743 posts, read 826,419 times
Reputation: 345

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Quote:
Originally Posted by Sebastian14A View Post
As stated in the OP, the Charlotte CSA and the Triangle CSA are roughly the same size in population now with the Triangle growth rate being slightly faster, again, sourced: "Wikipedia CSA populations".

Charlotte-Gastonia-Rock Hill CSA: 2,600,000
Raleigh-Durham-Chapel Hill CSA: 2,200,000

Charlotte CSA growth rate - 12.98%
Raleigh-Durham CSA growth rate - 14.99%

ALSO as stated in the OP the Triangle's economy is practically recession proof. During the Great Recession the Raleigh-Durham area was one of the few metros in the country that actually showed growth....whereas Charlotte was adversely affected during the financial collapse. Population growth numbers never stay the same and when they change it will most likely be in the Triangle's favor over Charlotte. Charlotte has no major universities, no major research parks, no tech base, no government...Charlotte's economy is financial, corporate and service centered, those are the first sectors to get hit in a recession and we're overdue for another one now.
________________________________________________

Yes, Wake is larger in area than Mecklenburg but about 1/3 of Wake County is rural and farm land, the urbanized area of Wake and the urbanized area of Mecklenburg are roughly the same size. Both counties have a population of 1 million. Both counties have spill over into neighboring counties.

...and there's this:

Charlotte CSA metro number of counties - 16 counties (source: wikipedia Charlotte metropolitan area)
Raleigh CSA metro number of counties - 12 counties (source: wikipedia Research Triangle metro area)

The Charlotte region is barely larger than the Triangle region even with 4 extra counties in it's CSA.
__________________________________________________

There are many ways to measure economic output, impact, prowess, and influence and when it all is shaken out Charlotte and Raleigh are equal. Hence they are both Gamma(-) global cities. (source: wikipedia global cities). Example: The Triangle has world class universities, Charlotte has none. Those world class universities educate hundreds of thousands of people who then go out into the world and produce. Not sure how you can measure that.
But it's economy is much larger despite being roughly the same size as you stated plus population trends can change but there is no evidence yet that The Triangle is attracting enough people to eat into the 400,000 difference period & the SC side of the metro is always going to be the wildcard since that it can attract high wage jobs whether they be white or blue collar

 
Old 10-04-2018, 07:06 AM
 
65 posts, read 69,209 times
Reputation: 34
Quote:
Originally Posted by js4life View Post
But it's economy is much larger despite being roughly the same size as you stated plus population trends can change but there is no evidence yet that The Triangle is attracting enough people to eat into the 400,000 difference period & the SC side of the metro is always going to be the wildcard since that it can attract high wage jobs whether they be white or blue collar
Atlanta has a 4,000,000 population difference compared to Charlotte. That's a big difference. Charlotte will never catch up to Atlanta. Charlotte's 400,000 population difference to the Triangle is nothing. The Triangle will likely pass Charlotte in population, for reasons laid out in previous posts, and that day will likely come sooner rather than later. I remember when Charlotte folk said Wake would never pass Mecklenburg in population.

Charlotte's economic output is easily measured and easily quantifiable, it's a service economy. The Triangle's economy isn't as easily measured, it outsources education, research and technology all across the globe. Charlotte doesn't reach nearly as far.

Last edited by Sebastian14A; 10-04-2018 at 07:21 AM..
 
Old 10-04-2018, 07:12 AM
 
Location: Charlotte
2,413 posts, read 2,701,053 times
Reputation: 3370
Quote:
Originally Posted by Sebastian14A View Post
Atlanta has a 4,000,000 population difference compared to Charlotte. That's a big difference. Charlotte will never catch up to Atlanta. Charlotte's 400,000 population difference to the Triangle is nothing. The Triangle will pass Charlotte one day no question. I remember when Charlotte folk said Wake would never pass Mecklenburg in population.

Charlotte's economic output is easily measured and easily quantifiable, it's a service economy. The Triangle's economy isn't as easily measured, it outsources education, research and technology all across the globe. Charlotte doesn't reach nearly as far.
News flash everybody, this random guy on city-data obsessed with Charlotte vs Raleigh vs Atlanta has a crystal ball and is the prophet we've been looking for to predict the future! He's also THE definitive answer on who will grow faster AND he has invented his own method for measuring an economy, but he isn't really sure how to measure it.

Carry on.
 
Old 10-04-2018, 07:25 AM
 
65 posts, read 69,209 times
Reputation: 34
Quote:
Originally Posted by CLT4 View Post
News flash everybody, this random guy on city-data obsessed with Charlotte vs Raleigh vs Atlanta has a crystal ball and is the prophet we've been looking for to predict the future! He's also THE definitive answer on who will grow faster AND he has invented his own method for measuring an economy, but he isn't really sure how to measure it.

Carry on.
Says random Charlotte guy who is obsessed with being Atlanta. Give it up. Will never happen.

...and yes, when measuring economic output it's easier to count groceries (Harris-Teeter) and bisquits (Bojangles) than economic impact of having world class universities and a tech economy.
 
Old 10-04-2018, 07:28 AM
 
743 posts, read 826,419 times
Reputation: 345
Quote:
Originally Posted by Sebastian14A View Post
Atlanta has a 4,000,000 population difference compared to Charlotte. That's a big difference. Charlotte will never catch up to Atlanta. Charlotte's 400,000 population difference to the Triangle is nothing. The Triangle will pass Charlotte one day no question. I remember when Charlotte folk said Wake would never pass Mecklenburg in population.

Charlotte's economic output is easily measured and easily quantifiable, it's a service economy. The Triangle's economy isn't as easily measured, it outsources education, research and technology all across the globe. Charlotte doesn't reach nearly as far.
Economic output is what it is no matter what variable you use. IMO the difference has more to do with trade/exports than service based industries & trade is one the most if not the most important components of any economy whether we're talking local,state or federal level.
 
Old 10-04-2018, 07:34 AM
 
Location: Charlotte
2,413 posts, read 2,701,053 times
Reputation: 3370
Quote:
Originally Posted by Sebastian14A View Post
Says random Charlotte guy who is obsessed with being Atlanta. Give it up. Will never happen.

...and yes, when measuring economic output it's easier to count groceries (Harris-Teeter) and bisquits (Bojangles) than economic impact of having world class universities and a tech economy.
I literally have 0 posts in the Atlanta forum and don't really care about it. Nice city, but never post or talk about it.

54 of your 59 posts on city-data are in the Charlotte forum.... your 3 posts in the Triangle forum are about Charlotte. So hmmmm that looks like a 100% Charlotte related posting rate... for a guy who doesn't even live here! Good job!

If you are in high school, you might want to take an Economics course to learn about GDP calculation.
 
Old 10-04-2018, 07:40 AM
 
Location: Piedmont region
749 posts, read 1,317,055 times
Reputation: 768
Quote:
Originally Posted by js4life View Post
Economic output is what it is no matter what variable you use. IMO the difference has more to do with trade/exports than service based industries & trade is one the most if not the most important components of any economy whether we're talking local,state or federal level.
Yep. Article from Triangle area for reference.

https://www.bizjournals.com/triangle...145&j=83897111

From the article: "The 2017 GMP numbers are in from the Bureau of Economic Analysis, and the trend lines show the Charlotte MSA continues to contribute more to the country's Gross Domestic Product (GDP) than any other North Carolina metro. For Raleigh, however, things cooled off considerably since the 2016 numbers came out. Raleigh's real Gross Metropolitan Product (GMP) clocked in at $72.6 billion — up 2.7 percent from 2016 numbers, and enough to rank the metro 93rd in terms of GMP growth. In 2016, the Raleigh-Cary MSA GMP grew 3.7 percent. In contrast, the Charlotte-Concord-Gastonia MSA registered a GMP of $146 billion, up 3.5 percent from the year before. The percent growth ranked the Queen City as the 49th fastest in the nation. GMP growth for the Durham-Chapel Hill MSA was non-existent last year. In fact, there was a minuscule drop in the value ($43.4 billion) between 2016 and 2017.""
 
Old 10-04-2018, 07:42 AM
 
65 posts, read 69,209 times
Reputation: 34
Quote:
Originally Posted by carolinablue View Post
Yep. Article from Triangle area for reference.

https://www.bizjournals.com/triangle...145&j=83897111

From the article: "The 2017 GMP numbers are in from the Bureau of Economic Analysis, and the trend lines show the Charlotte MSA continues to contribute more to the country's Gross Domestic Product (GDP) than any other North Carolina metro. For Raleigh, however, things cooled off considerably since the 2016 numbers came out. Raleigh's real Gross Metropolitan Product (GMP) clocked in at $72.6 billion — up 2.7 percent from 2016 numbers, and enough to rank the metro 93rd in terms of GMP growth. In 2016, the Raleigh-Cary MSA GMP grew 3.7 percent. In contrast, the Charlotte-Concord-Gastonia MSA registered a GMP of $146 billion, up 3.5 percent from the year before. The percent growth ranked the Queen City as the 49th fastest in the nation. GMP growth for the Durham-Chapel Hill MSA was non-existent last year. In fact, there was a minuscule drop in the value ($43.4 billion) between 2016 and 2017.""
Tell it to Amazon and Apple. Raleigh made the cut, Charlotte didn't. Keep selling those Bojangles bisquits! lol

Last edited by Sebastian14A; 10-04-2018 at 07:54 AM..
 
Old 10-04-2018, 07:45 AM
 
Location: Piedmont region
749 posts, read 1,317,055 times
Reputation: 768
Quote:
Originally Posted by Sebastian14A View Post
Tell it to Amazon and Apple. Raleigh made the cut, Charlotte didn't.

Keep selling those Bojangles bisquits! lol
I don't need to tell anyone anything, the data speaks for itself. Hang your hat on those accolades. This country bumpkin, bojangles eating, nascar watching, most bible thumping area of NC will still keep on chugging along, moreso than Raleigh has lately. I know that has to get on your nerves. LOL.
 
Old 10-04-2018, 07:53 AM
 
65 posts, read 69,209 times
Reputation: 34
Quote:
Originally Posted by carolinablue View Post
I don't need to tell anyone anything, the data speaks for itself. Hang your hat on those accolades. This country bumpkin, bojangles eating, nascar watching, most bible thumping area of NC will still keep on chugging along, moreso than Raleigh has lately. I know that has to get on your nerves. LOL.
Yet the Triangle's population growth is STILL faster than Charlotte's. 14.99% for the Triangle to the Charlotte region's 12.98%.
(source: Wikipedia CSA metros). That must REALLY stick in your crawl. Have another biscuit, lol
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