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Houston's GDP is about 47 Billion Dollars smaller than Boston and is 160 Billion Dollars smaller than the Bay Area.
Yes but so is its metro, 1.6 million smaller than Boston but their GMP's are close. $47 billion is nothing for SF or Houston when it comes to GMP growth. With the rise of gas prices I suspect Houston will pass Boston in the near future. That said these 3 are the ideal choices after NYC, Chicago, and LA. Sorry but nothing impressive about D.C.'s GMP or growth, all of it coming from Americans
Also, as you probably already know, that GMP has the Bay Area split up into SF/East Bay and the SJ/South Bay areas which is not at all how the Bay Area operates. The Bay Area is polycentric, but strongly connected. The Bay Area as a whole is around 500 billion.
Connected , yes. One metro... Not yet.
Mostly all agencies use GMP. Is there even such a thing as CSAP???
Maybe after the 2013 realignment the Bay area Product will be taken as one GMP but for now they are not.
Not gonna go into whether or not they should be combined, but they are not yet combined.
Just about all the non marketing reports I have seen list the rankings as GMP:
1.) New York Metropolitan Area $1,280,517
2.) Los Angeles Metropolitan Area $735,743
3.) Chicago Metropolitan Area $532,331
4.) Washington Metropolitan Area $425,167
5.) Greater Houston $384,603
6.) Dallas–Fort Worth–Arlington $374,081
7.) Delaware Valley (Philadelphia) $346,932
8.) San Francisco $325,927
9.) Greater Boston $313,690
That is how the United States Bureau of Economic Analysis use it.
Quote:
Originally Posted by BLAXTOR121
Yes but so is its metro, 1.6 million smaller than Boston but their GMP's are close. $47 billion is nothing for SF or Houston when it comes to GMP growth. With the rise of gas prices I suspect Houston will pass Boston in the near future. That said these 3 are the ideal choices after NYC, Chicago, and LA. Sorry but nothing impressive about D.C.'s GMP or growth, all of it coming from Americans
Trade is supposed to bump up after the Panama Canal expansion opening in 2014. Huge Warehouses are popping up near the Ship Channel. That should spur growth in the economy
Yes but so is its metro, 1.6 million smaller than Boston but their GMP's are close. $47 billion is nothing for SF or Houston when it comes to GMP growth. With the rise of gas prices I suspect Houston will pass Boston in the near future. That said these 3 are the ideal choices after NYC, Chicago, and LA. Sorry but nothing impressive about D.C.'s GMP or growth, all of it coming from Americans
Yeah, Houston is extremely impressive right now. There's a great mix there of profitable energy companies, as well as very low cost of doing business and those are 2 major factors that have caused so much growth-which is admirable.
The Bay Area on the other hand, just sees its output expand and expand even though its quite possibly the most cost prohibitive metro area in the country to both live and do business. And yet the region booms because its primary industries(tech, trade & commerce and finance) can thrive and expand even in expensive cities(Manufacturing is shipped overseas but the design, engineeriing and research is still here). I wish it were cheaper tho so products could be made here in the US.
The way I see it is that all three metros have impressive industries to backup their local economy. I see the Bay Area and Houston having the bigger potential for growth due to their huge prominence in tech and energy much like what Silicon Valley went through in the 90s and what Houston is going through currently. At the same time, there is the greater potential for a slowdown much like the dot-com bubble bursting and the oil bust in the 80s. Boston is probably the most stable out of the three with strengths in education and medicine, which makes them less susceptible to boom or bust. I think its the reason why they have been able to very relevant on the national scene for as long as they have and will continue to do so.
Technology/ Engineering:
1. ION Geophysical
2. Hewlett Packard (its US headquarters are still in Houston and employs a ton of US workers here)
3. Walter P Moore
4. United Space Alliance
5. Ingrain Inc
6. Tech Nip
7. Stewart and Stevenson
8. Geokinetics
9. FlightAware
10. Seaboard International
11. Genetic Genealogy
12. Quanta
13. Powell Industrial
14. SyberSoft
15. Crown Castle (US headquarters)
16. Piping Technology
17. Cooper Industries
18. Air Liquide
19. KBR
20. Kirby Corporation
21. Archimage
22. BMC Software
23. McDermott
24. Bristow Group
25. Burns and McDonell Engineering
26. Mustang Engineering
27. Cameron International
28. Oceaneering International
29. Integrated Electrical
30. US Bellows
Printing:
Consolidated Graphics
IT/ Internet:
1. Playnormous
2. Alert Logic
3. Archimage
4. Pi Studios
5. Cybersoft
6. Quanta
7. Family Tree DNA
8. Flightaware
9. HostGator
10. Internet America
Medical:
1. Kelsey-Sebold
2. Memorial Hermann
3. Methodist
4. St Lukes
5. Texas Childrens
6. Human genome Sequencing Center
Biotech/ Pharmaceuticals :- over 120 Biotech companies have some presence in Houston.
1. Agennix
2. Alcon
3. ApoCell
4. Vanjan
5. PLx Pharma
6. Oncolix
7. Nanospectra Biosciences
8. Life Technologies
9. Harlan Laboratories
10. Halsa Pharmaceuticals
11. Cyberonics
Finance:
1. Amergy Bank
2. MetroCorp Bancshares
4. Simmons and Company
5. Southwestern National Bank
6. HCC Insurance Holdings
7. BBVA Compass
8. Wells Fargo South Central Bank
9. Prosperity Bank
10. Woodforest National Bank
11. Encore Bank
12. Patriot Bank
13. Metro Bank
14. Green Bank
15. American First National Bank
16. Texas First Bank
17. First Community Bank
18. Bank of Houston
19. Golden Bank
20. Enterprise
21. Post Oak Bank
22. Allegiance
23. Vista Bank
Textile, clothing, retail:
1. Al's Formar Wear
2. Men's Wearhouse
3. Fit Couture
4. Academy Sports and Outdoors
5. Stage Stores
6. Palais Royal
7. Bealls
8. Imparali
Shipping:
1. American Bureau of Shipping
2. Express Jet
Education:
Leisure Learning Unlimited
Legal:
1. Baker Botts
2. Bracewell and Giuliani
3. Fulbright and Jaworski
4. Vinson and Elkins
Real estate:
1. Camden Property
2. Stewart Information Services
Automotive:
Group 1
Misc Services:
1. Services Corporation International- (Largest Funeral Service company in North America with 1500 homes in 43 states and Canada)
2. Insperity/Administaff
3. Waste Management
An the list goes on and on, but I got lazy.
But of course the most profitable still remains the Energy Industry
Energy: Including Electric Providers:
1. Baker Hughes
2. Marathon Oil
3. Centerpoint Energy
4. Exxon
5. Conoco Phillips
6. Pennzoil
7. Shell Oil
8. Halliburton
9. Gexa Energy
10. Key Energy
11. Allis- Chalmers
12. Kinder Morgan
13. Atwood Oceanics
14. Boardwalk Pipeline Partners
15. Kinder Morgan Energy Partners
16. Cabot Oil and Gas
17. Q4000/Cal Dive
18. Calpine
19. National Oilwell Varco
20. CAMAC Energy
21. New Field
22. Noble Energy
23. Apache
24. CITGO
25. Motiva
26. Diamond Offshore
27. Dynegy
28. Pride International
29. El Paso Corporation
30. Prisma Energy (Broke off from Enron)
31. EOG (Broke off from Enron)
32. Enbridge
33. Enterprise
34. Rowan Companies
35. Schlumberger
36. FMC
37. Frontier Oil
38. Southwest Energy
39. Geokinetics
40. Spectra Energy
41. Gulf South
42. Helix Energy
43. Targa
44. Horizon Wind Energy
So is San Jose part of the Bay Area or not part of the Bay Area? I always thought it was....I mean, San Jose literally borders the southern part of San Francisco Bay.
So is San Jose part of the Bay Area or not part of the Bay Area? I always thought it was....I mean, San Jose literally borders the southern part of San Francisco Bay.
It is part of the Bay Area. Only people who have no knowledge of the reason believe they are actually separated urban areas and economies.
So is San Jose part of the Bay Area or not part of the Bay Area? I always thought it was....I mean, San Jose literally borders the southern part of San Francisco Bay.
Of course it is part of the Bay Area. It is not San Francisco though. Nor is it in SF's metropolitan area.
SF Metropolitan area is not synonymous with the Bay Area.
In Fact the official title of the area is the San Jose-San Francisco-Oakland area according to the census, as San Jose is the largest city in the Combined Statistical area.
The Bay Area is a combination of 6 Metropolitan areas. there is just something disingenuous about calling it San Francisco. Its like Joining NY, Boston, DC, Baltimore and Philadelphia in a mega region and calling it Manhattan
Quote:
Originally Posted by sbarn
It is part of the Bay Area. Only people who have no knowledge of the reason believe they are actually separated urban areas and economies.
You must know better than the Governmental agencies then because they too list the economies in the Bay separately.
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