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Old 08-22-2013, 12:32 AM
 
4,692 posts, read 9,298,588 times
Reputation: 1330

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Quote:
Originally Posted by YIMBY View Post
The list below should definitely be used in determining the top financial centers.

GDP by "Financial Activities"
1. New York City | $396.997 Billion
2. Los Angeles | $177.073 Billion
3. Chicago | $133.759 Billion
4. Philadelphia | $102.353 Billion
5. Washington DC | $84.596 Billion
6. San Francisco | $82.406 Billion
7. Boston | $81.554 Billion
8. Dallas | $81.243 Billion
9. Miami | $66.322 Billion
10. Atlanta | $61.157 Billion
11. Houston | $54.297 Billion
12. Minneapolis | $52.66 Billion
13. Phoenix | $50.795 Billion
14. Seattle | $46.41 Billion
15. Detroit | $41.412 Billion

Source: U.S. Bureau of Economic Analysis (BEA) (U.S. Bureau of Economic Analysis (BEA))
I think I am inclined to agree with this list. Great information.
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Old 08-22-2013, 09:36 AM
 
1,526 posts, read 1,983,436 times
Reputation: 1529
Quote:
Originally Posted by kgartm1185 View Post
Metropolitan Area Exports in 2012
(billions of dollars)

Houston-Sugar Land-Baytown, TX $110.3
Los Angeles-Long Beach-Santa Ana, CA $75.0
Detroit-Warren-Livonia, MI $55.4
Miami-Fort Lauderdale-Pompano Beach, FL $47.9
Chicago-Joliet-Naperville, IL-IN-WI $40.6
Dallas-Fort Worth-Arlington, TX $27.8
New Orleans-Metairie-Kenner, LA $24.4
Cincinnati-Middletown, OH-KY-IN $20.0
Atlanta-Sandy Springs-Marietta, GA $18.2
Peoria, IL $17.8
Salt Lake City, UT $16.0
St. Louis, MO-IL $14.6
Washington-Arlington-Alexandria, DC-VA-MD-WV $14.6
San Antonio-New Braunfels, TX $14.0
El Paso, TX $12.8
Greenville-Mauldin-Easley, SC $12.3
Indianapolis-Carmel, IN $10.4
Hartford-West Hartford-East Hartford, CT $9.7
Milwaukee-Waukesha-West Allis, WI $9.2
Austin-Round Rock-San Marcos, TX $9.0
Riverside-San Bernardino-Ontario, CA $8.0
Davenport-Moline-Rock Island, IA-IL $7.9
Louisville/Jefferson County, KY-IN $7.7
Nashville-Davidson--Murfreesboro--Franklin, TN $6.4
Charlotte-Gastonia-Rock Hill, NC-SC $6.3
Baton Rouge, LA $5.8
Corpus Christi, TX $5.8
Baltimore-Towson, MD $5.8
Columbus, OH $5.5

Notice Charlotte has exported about half of Greenville's amount.
No offense, but what does this list have to do with the top financial centers? Also, you are missing several major metropolitan areas.

These are the top ten metro areas:
1. Houston
2. New York
3. Los Angeles
4. Detroit
5. Seattle
6. Miami
7. Chicago
8. Dallas
9. San Jose
10. Minneapolis
Source: U.S. Department of Commerce’s International Trade Administration

Last edited by YIMBY; 08-22-2013 at 09:49 AM..
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Old 08-22-2013, 10:25 AM
 
Location: Denver
6,625 posts, read 14,449,301 times
Reputation: 4201
Quote:
Originally Posted by YIMBY View Post
The list below should definitely be used in determining the top financial centers.

GDP by "Financial Activities"
1. New York City | $396.997 Billion
2. Los Angeles | $177.073 Billion
3. Chicago | $133.759 Billion
4. Philadelphia | $102.353 Billion
5. Washington DC | $84.596 Billion
6. San Francisco | $82.406 Billion
7. Boston | $81.554 Billion
8. Dallas | $81.243 Billion
9. Miami | $66.322 Billion
10. Atlanta | $61.157 Billion
11. Houston | $54.297 Billion
12. Minneapolis | $52.66 Billion
13. Phoenix | $50.795 Billion
14. Seattle | $46.41 Billion
15. Detroit | $41.412 Billion

Source: U.S. Bureau of Economic Analysis (BEA) (U.S. Bureau of Economic Analysis (BEA))
Not a bad list, but it's difficult to gauge financial services activity simply thru GDP. It could certainly be used as a piece of the puzzle, though probably not a major one.
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Old 08-22-2013, 10:39 AM
 
Location: The City
22,378 posts, read 38,885,293 times
Reputation: 7976
Quote:
Originally Posted by tmac9wr View Post
Not a bad list, but it's difficult to gauge financial services activity simply thru GDP. It could certainly be used as a piece of the puzzle, though probably not a major one.
Would generally agree, Philly would have a ton of Credit Card activity, low margin compared to VC financing say in Boston or SF
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Old 08-22-2013, 11:27 AM
 
Location: Denver
6,625 posts, read 14,449,301 times
Reputation: 4201
Quote:
Originally Posted by kidphilly View Post
Would generally agree, Philly would have a ton of Credit Card activity, low margin compared to VC financing say in Boston or SF
For sure. Credit cards are certainly financing activities, but I'm not sure that it should fall under the "financial services" category simply because it's not really involved with any sort of investing. Philly is interesting because they wet their beak in a lot of areas financially, whether it be mutual funds, banking and credit cards. It appears to be a very well diversified economy in terms of financial services.
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Old 08-22-2013, 12:03 PM
 
1,461 posts, read 2,107,865 times
Reputation: 1036
Not sure what relevance this has to this topic but I remember this being posted awhile back:



http://www.chicagobusiness.com/artic...apital-in-2012

Last edited by RadicalAtheist; 08-22-2013 at 12:21 PM..
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Old 08-22-2013, 03:56 PM
 
Location: Greenville, SC
281 posts, read 426,064 times
Reputation: 59
Quote:
Originally Posted by adavi215 View Post
This is awesome information but this is regarding financial services, the FIRE industries. In this regards exports is not necessarily part of the discussion. Also, the BMW plant is nearby Spartanburg. Same general area but different MSA.
Oh, wow, I forgot that Spartanburg isn't part of the Greenville MSA.
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Old 08-22-2013, 03:59 PM
 
Location: Greenville, SC
281 posts, read 426,064 times
Reputation: 59
Quote:
Originally Posted by YIMBY View Post
No offense, but what does this list have to do with the top financial centers? Also, you are missing several major metropolitan areas.

These are the top ten metro areas:
1. Houston
2. New York
3. Los Angeles
4. Detroit
5. Seattle
6. Miami
7. Chicago
8. Dallas
9. San Jose
10. Minneapolis
Source: U.S. Department of Commerce’s International Trade Administration
It's not my fault, the website I got them from didn't have those cities in the list. And Houston and Los Angeles and Detroit and Miami and Chicago and Dallas are all there.
http://www.trade.gov/mas/ian/build/g...ian_004072.pdf
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Old 08-22-2013, 04:14 PM
 
8,289 posts, read 13,558,366 times
Reputation: 5018
Quote:
Originally Posted by kgartm1185 View Post
I don't know if this has anything to do with being a financial center or not but it shows the largest MSA exporters.
Interesting map! It's great to see the Miami area ranked # 4 in Exports by billions of dollars. With two major deep water cargo ports in the area & the Port of Miami dredging it's channel to accomadate the super Panamex ships once the deepening of the Panama canal is complete. It is also building a tunnel solely for cargo trucks to bypass city traffic and straight to the highways. One thing I didn't know is that Miami is one of the largest importers/exporters of fresh flowers in the US.
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Old 08-22-2013, 04:19 PM
 
Location: a bar
2,722 posts, read 6,107,611 times
Reputation: 2977
Quote:
Originally Posted by MiamiRob View Post
One thing I didn't know is that Miami is one of the largest importers/exporters of fresh flowers in the US.
Not to sound snarky (or derail the thread), but how are imported flowers "fresh"?
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