Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The gap is about $150 billion due to the SF Bay Area adding 900k more people 85+90 miles away in 2018. If either DC or Baltimore added that distance away such as York, PA or as far down as Caroline County or heck Richmond, VA there wouldn't be a $150 billion difference, in fact it would be higher, Simple as that.
The "DC economy is at $529 billion", the "SF economy is at $500 billion".
The difference is all the other metros past SJ have miniscule GDP's SF and SJ have the same economy as DC CSA with 2 million less people. Even SF metro has 2 million less than DC metro, but the same GDP without silicon Valley. Again, economically the bay area is growing faster so maybe a few years down the road maybe you'll accept that gap when it widens.
Location: That star on your map in the middle of the East Coast, DMV
8,128 posts, read 7,552,695 times
Reputation: 5785
Quote:
Originally Posted by sean1the1
The difference is all the other metros past SJ have miniscule GDP's SF and SJ have the same economy as DC CSA with 2 million less people. Even SF metro has 2 million less than DC metro, but the same GDP without silicon Valley. Again, economically the bay area is growing faster so maybe a few years down the road maybe you'll accept that gap when it widens.
You must mean combined SF and SJ have an economy that exceeds DC or its CSA. Neither SF or SJ MSA's are larger economies than DC's today, regardless of the populations. Just like DC's MSA population is "smaller" than Houston and Dallas with a larger GDP than Houston and only $6 billion less than Dallas with almost 1 million less population.
The main point I think you could make here would be the SF MSA vs the DC MSA being within $29 billion and about a 1.7 million population difference. Definitely speaks to the strengths of SF MSA.
The gap is about $150 billion due to the SF Bay Area adding 900k more people 85+90 miles away in 2018.
No, the Central Valley only accounts for 5.5% of the Bay Area economy, about $50 billion.
$73 billion can be attributed to outlying Bay Area metros(Santa Rosa, Vallejo, Santa Cruz and Napa)
The inner Bay Area which is the SF & SJ metros, has a combined gdp that tops $776 billion, which is not bad considering the population is only 6.6 million.
Quote:
If either DC or Baltimore added that distance away such as York, PA or as far down as Caroline County or heck Richmond, VA there wouldn't be a $150 billion difference, in fact it would be higher, Simple as that.
Again the central valley is only 5.5% of the csa economy.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.