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LOL alpha world city, might as well talk about PF Changs thats how relevant GaWC's city index it. That ranking is stupid and it doesnt rate cities on how important they are, LOL ok how important they are to London's economy...
Every city wants to be either a tech capital (including NYC) or energy capital because they think it can give their town a bone to surge.
Good luck being peons to SV and EC, those industries are the property of California and Texas.
#WestoftheMississippi>eastofthemississippi
Pretty much.
As far as SF, the Bay Area's economy is sandwiched in between Houston and Dallas as far as GDP growth and job growth, which is amazing considering this is the most expensive combined statistical area.
The Bay Area's economy is probably now the 3rd largest among CSAs, over $600 Billion and growing considerably faster than DC and Chicago.
LA should have surpassed the $1 Trillion mark, which is eyepopping.
2010-2011 Annual GDP Growth by Percentage Change
Houston-Baytown-Huntsville +8.2%
San Jose-San Francisco-Oakland +6.0%
Dallas-Ft Worth +5.5%
Detroit-Warren-Flint +5.0%
Seattle-Tacoma-Olympia +4.6%
Atlanta-Sandy Springs-Gainesville +4.0%
Boston-Worcester-Manchester +3.7%
Los Angeles-Long Beach-Riverside +3.6%
Chicago-Naperville-Michigan City +3.5%
Washington-Baltimore-Northern VA +2.8%
Philadelphia-Camden-Vineland +2.7%
Miami-Ft Lauderdale-Pompano Beach +2.5%
New York-Newark-Bridgeport +2.3%
Since 2010-2011, DCs job growth and commercial real estate market have also slowed down and current labor and market data confirm that the trend continues now.
Not that DC is shrinking, but its growth is no longer on par with the Bay Area.
As far as SF, the Bay Area's economy is sandwiched in between Houston and Dallas as far as GDP growth and job growth, which is amazing considering this is the most expensive combined statistical area.
The Bay Area's economy is probably now the 3rd largest among CSAs, over $600 Billion and growing considerably faster than DC and Chicago.
LA should have surpassed the $1 Trillion mark, which is eyepopping.
For states CA, TX, and NY are the most important states, how crazy would it be mont when its NYC, LA, SF Bay Area, Houston, and DFW for the 5 largest economies? IMO that's really close to happening, I know Houston will sneak its way into the 5 and I think DFW will follow. When a metro has more than 3M population lead and only has GDP $140B and $170B larger, they need to start worrying about being surpassed indefinitely.
It also looks like Chicagoland will resurpass DC's GDP.
If we look at the most important seaports and airports its another list dominated by CA, TX, and NY and these states also attract the most overseas monies too, not surprisingly.
btw, I like the sound of the automobile boom in Detroit right now, self driving cars are the future, its like we're living in the neo boom era the 50's left off.
LOL alpha world city, might as well talk about PF Changs thats how relevant GaWC's city index is. That ranking is stupid and it doesnt rate cities on how important they are, LOL ok how important they are to London's economy...
Every city wants to be either a tech capital (including NYC) or energy capital because they think it can give their town a bone to surge.
Good luck being peons to SV and EC, those industries are the property of California and Texas.
#WestoftheMississippi
Are you really trying to say Houston and SF are more important then NYC? NYC still has by far the largest economy in the U.S. NYC will never be a peon to cities many tiers under it. Office space alone in each of the cities tells the story of how important a city is.
Are you really trying to say Houston and SF are more important then NYC?
No, were those my exact words? I didnt think so. I think NYC and LA will always remain #1 and #2, rest of the top 5 will go through a new makeover IMO.
For states CA, TX, and NY are the most important states, how crazy would it be mont when its NYC, LA, SF Bay Area, Houston, and DFW for the 5 largest economies? IMO that's really close to happening, I know Houston will sneak its way into the 5 and I think DFW will follow. When a metro has more than 3M population lead and only has GDP $140B and $170B larger, they need to start worrying about being surpassed indefinitely.
It also looks like Chicagoland will resurpass DC's GDP.
If we look at the most important seaports and airports its another list dominated by CA, TX, and NY and these states also attract the most overseas monies too, not surprisingly.
btw, I like the sound of the automobile boom in Detroit right now, self driving cars are the future, its like we're living in the neo boom era the 50's left off.
Yeah Detroit is resurgent(yay).
Much of the country is still asleep however about how Silicon Valley has become a center of design and development for many industries, including the auto industry.
HtownLove: Its impressive the way the city is growing and ever changing. if the GDP is 703 billion and the pop. is 6.8 million by 2017 that would say a lot compared to other places.
Yes, that would mean a pretty healthy per capita income way above the often lauded cities like Chicago and Philadelphia while maintaining the low cost of living of cities with much lower GDPs Atlanta, Miami...
Quote:
One thing I have noticed while on CD is whenever someone mentions the name Houston it tends to stir up lots of controversy. Why is Houston such a Polarizing city on here?
Its resistance to change.
People are often set in their ways and are used to the Philly's and the Bostons being the biggest players out there.
Newcomers are a threat, and must be smacked down tho their place.
Chicago went through it
LA went through it (still going through it)
It will eventually pass as people come to realize the inevitable. Houston is a major player, and that is that.
Quote:
Originally Posted by valentro
It's great that you guys have two of the three most vital industries in the world (the other being finance) and it's going to lead the way for you guys but Washington's not in decline nor will it be in the next 20 years.
DC does not have to be in decline to be passed. Houston passed DFW at a period when DFW's GDP was growing the fastest it has ever been. Houston's was just growing that much faster.
Quote:
Originally Posted by scrantiX
No youre not.
San Jose-San Francisco-Oakland, CA CSA $594.977 Billion
Napa, CA Metro Area $6,880
San Francisco-Oakland-Fremont, CA Metro Area $347,107
San Jose-Sunnyvale-Santa Clara, CA Metro Area $176,736
Santa Cruz-Watsonville, CA Metro Area $9,451
Santa Rosa-Petaluma, CA Metro Area $20,461
Stockton-Lodi, CA $19,795
Vallejo-Fairfield, CA Metro Area $14,547
Washington-Baltimore-Arlington, DC-MD-VA-WV-PA CSA $594.845 Billion
Baltimore-Towson, MD Metro Area $148,256
California-Lexington Park, MD Metro Area
Cambridge, MD Micro Area
Chambersburg-Waynesboro, PA Metro Area
Easton, MD Micro Area
Hagerstown-Martinsburg, MD-VA Metro Area $8,252
Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area $433,097
Winchester, VA-WV Metro Area $5,240
Chicago-Naperville, IL-IN-WI CSA $554.511 Billion
Chicago-Naperville-Joliet, IL-IN-WI Metro Area $547,609
Kankakee-Bradley, IL Metro Area $3,231
Michigan City-La Porte, IN Metro Area $3,671
Ottawa-Peru, IL Micro Area
Boston-Worcester-Providence, MA-RI-NH CSA $454.648 Billion
Barnstable Town, MA Metro Area $8,243
Boston-Cambridge-Quincy, MA-NH Metro Area $325,585
Concord, NH Micro Area
Laconia, NH Micro Area
Manchester-Nashua, NH Metro Area $22,392
Providence-New Bedford-Fall River, RI-MA Metro Area $68,089
Worcester, MA Metro Area $30,339
Houston-The Woodlands, TX CSA $419.636 Billion
Bay City, TX Micro Area
Brenham, TX Micro Area
El Campo, TX Micro Area
Houston-The Woodlands-Sugar Land, TX Metro Area $419,636
Huntsville, TX Micro Area
Come on with this, get real, how embarassing do you think it is to have over 3M population advantage over a city and only beat them by $170B LOL? Youre stalling and buying yourself 6 years time before Houston surpasses your CSA GDP and 8 years before DFW does, DC CSA which is slow and stagnant now. $32B growth in 1 year (DC was $11B btw) and 2011 wasn't even the best year for TX, just imagine how strong 2012 and 2013 will look. SF Bay Area has already surpassed you folks and btw we did it with 1M less people.
Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area $433,097
Houston-The Woodlands-Sugar Land, TX Metro Area $419,636
San Francisco-Oakland-Fremont, CA Metro Area $347,107
MSA, your DC will be surpassed next year by Houston, in 3 years max by DFW, and 5 years max by San Francisco MSA.
LOL and almost forgot you DC folks love to brag about how rich you are
San Jose-San Francisco-Oakland $76,052
Houston-Baytown-Huntsville $67,781
Washington-Baltimore-Northern VA $67,284
New York-Newark-Bridgeport $65,927
Seattle-Tacoma-Olympia $61,890
Denver-Aurora-Boulder $59,776
Minneapolis-St Paul-St Cloud $58,980
Boston-Worcester-Manchester $58,729
Dallas-Ft Worrth $57,340
Chicago-Naperville-Michigan City $56,995
Philadelphia-Camden-Vineland $56,880
San Diego-Carlsbad-San Marcos $54,962
Atlanta-Sandy Springs-Gainesville $50,655
Los Angeles-Long Beach-Riverside CSA $49,621
Miami-Ft Lauderdale-Pompano Beach $46,450
Phoenix-Mesa-Glendale $45,693
Detroit-Warren-Flint $44,772
Not anymore.
Slow and stagnant growth is DC's future, dont let the construction cranes fool you, youre not booming anymore. Just look at your 2011-2012 population growth, much smaller than 2010-2011, your recent GDP growth also much smaller, and your job growth is not top 5 anymore, you finish behind Chicago and Boston now at #8.
Wow!!! Wish Houston had Neighbors like Manchester, and Worcester and Providence and Santa Rosa. Those $60B here and $20B there sure do help.
Quote:
Originally Posted by 18Montclair
DCs growth began to stagnate 2 years ago.
2010-2011 Annual GDP Growth by Percentage Change
Houston-Baytown-Huntsville +8.2%
San Jose-San Francisco-Oakland +6.0%
Dallas-Ft Worth +5.5%
Detroit-Warren-Flint +5.0%
Seattle-Tacoma-Olympia +4.6%
Atlanta-Sandy Springs-Gainesville +4.0%
Boston-Worcester-Manchester +3.7%
Los Angeles-Long Beach-Riverside +3.6%
Chicago-Naperville-Michigan City +3.5%
Washington-Baltimore-Northern VA +2.8%
Philadelphia-Camden-Vineland +2.7%
Miami-Ft Lauderdale-Pompano Beach +2.5%
New York-Newark-Bridgeport +2.3%
Since 2010-2011, DCs job growth and commercial real estate market have also slowed down and current labor and market data confirm that the trend continues now.
Not that DC is shrinking, but its growth is no longer on par with the Bay Area.
DC's growth is not in areas that is sustainable for very long periods
Quote:
Originally Posted by 18Montclair
Yeah Detroit is resurgent(yay).
Much of the country is still asleep however about how Silicon Valley has become a center of design and development for many industries, including the auto industry.
I think the Bay will get much more Worldwide attention once it passes 10M people
Wow!!! Wish Houston had Neighbors like Manchester, and Worcester and Providence and Santa Rosa. Those $60B here and $20B there sure do help.
LOL..you never know, one day you might change your name to:
Houston-Austin-San Antonio, TX CSA
Anyhow, the 120-mile radius around downtown SF, of which SF is considered 'the city', that has either combined with the Bay Area or is on pace to do so in the next few census counts had 12 million people and a GDP of $735 billion in 2011 and that has in all likelihood surpassed or is close to 800 billion dollars now.
Suddenly the path to 1 trillion seems shorter.
Quote:
DC's growth is not in areas that is sustainable for very long periods
Pretty much.
.
They thrive when the world is in turmoil and the govt needs to expand
2050 with present growth in numbers added per year times 40 plus 2010 CSA's. TBH, some will be larger and some will be smaller, depending where it slows and picks up IMO. No areas added, same definition as now.
New York: 28,151,064
Los Angeles: 24,312,419
DC: 14,023,089
San Francisco: 12,016,291
Dallas: 11,758,425
Chicago: 10,889,337
Houston: 10,685,495
Miami: 9,876,419
Boston: 9,635,509
Atlanta: 9,145,833
Philadelphia: 8,163,291
Phoenix: 6,622,167
Seattle: 6,489,255
Detroit: 5,311,449
Denver: 5,283,656
Minneapolis: 5,019,150
Orlando: 4,640,040
San Diego: 4,548,646
Portland: 4,192,803
Tampa: 3,843,420
Austin: 3,814,315
Charlotte: 3,779,123
San Antonio: 3,769,085
Salt Lake City: 3,668,638
Cleveland: 3,497,711
Raleigh: 3,443,022
Sacramento: 3,267,031
Las Vegas: 3,113,712
Indianapolis: 3,045,075
St. Louis: 3,036,639
Columbus: 3,019,371
Kansas City: 2,940,750
Nashville: 2,798,229
Pittsburgh: 2,672,140
Cincinnati: 2,421,061
Milwaukee: 2,231,375
Virginia Beach: 2,203,011
Jacksonville: 2,040,108
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