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Location: RI, MA, VT, WI, IL, CA, IN (that one sucked), KY
41,938 posts, read 36,935,179 times
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Quote:
Originally Posted by jd433
Both Dallas and Houston have taken several large businesses away from the San Francisco bay area. But yet The bay area h as still increased its lead over both places in GDP ? How is that possible? They told us here in Texas that businesses want to leave the Bay Area and come to Texas because of California not being business friendly, the cost of living is too high, the political environment is hostile, plus Texas has no corporate taxes. We even offer billions of dollars in incentives and allow the corporations to run all the politics and get their way while paying no taxes.
But yet the Bay area GDP is still growing faster while both Dallas and Houston actually lost GDP this year?
What is going on?
Location: That star on your map in the middle of the East Coast, DMV
8,128 posts, read 7,547,924 times
Reputation: 5785
Quote:
Originally Posted by Joakim3
Seattle being damn near equal with Atlanta; a metro 25% larger is stunning, even considering Amazon is the driving force behind that.
Baltimore widening its gap on San Bernardino & Charlotte considering the population boom the later metros have had comes as a interesting surprise.
Boston surpassing Philly was inevitable, while San Fran surpassing Washington DC also didn't surprise me considering the economic boom going on there.
So SF jumped both DC and Dallas, while DC jumped Dallas. Both SF and DC put separation with themselves and Houston. I'm not sure why Dallas dropped, because it was higher than $512 billion last year. Houston is now closer to Boston than it is the 4-6 cities.
To put Atlanta/North GA regional dominance into perspective, you’d have combine Charlotte, The Triangle, and Nashville to (barely) come out ahead. The North Carolina regions (Metrolina, The Triangle, and The Triad) combined still fall well short of Atlanta’s economic output. Earlier this year there was so much chatter about Atlanta’s “falling” dominance, but it doesn’t appear to be falling. Looks like it’s getting stronger.
So SF jumped both DC and Dallas, while DC jumped Dallas. Both SF and DC put separation with themselves and Houston. I'm not sure why Dallas dropped, because it was higher than $512 billion last year. Houston is now closer to Boston than it is the 4-6 cities.
Every year the BEA releases it's annual GDP and adjusts previous years.
So year-over-year, Dallas grew from $482B to $512B
But I’m confused as to why they are adjusting what should be factual at the time time of release. Are the estimating these numbers like they do population in between each census?
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