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2018 County GDP, $100B+
$787.186B Los Angeles, CA
$711.974B New York, NY
$411.671B Cook, IL
$387.731B Harris, TX
$328.260B Santa Clara, CA
$303.694B King, WA
$264.438B Dallas, TX
$260.484B Orange, CA
$247.622B Maricopa, AZ
$245.138B San Diego, CA
$183.171B San Francisco, CA
$171.126B Middlesex, MA
$167.756B Fulton, GA
$164.632B Miami-Dade, FL
$144.494B Alameda, CA
$140.660B Washington, DC
$137.015B Hennepin, MN
$132.808B Suffolk, MA
$122.423B Clark, NV
$120.491B Philadelphia, PA
$120.101B Tarrant, TX
$114.862B San Mateo, CA
$114 507B Mecklenburg, NC
$114.152B Fairfax, VA
$112.604B Oakland, MI
$111.568B Travis, TX
$109.073B Bexar, TX
$108.755B Queens, NY
$108.572B Broward, FL
$105.937B Kings, NY
$100.074B Cuyahoga, OH
That seems strange. Dallas has been growing jobs but the overall GDP is down from the 2017 numbers? A news feed also just came out saying that Dallas has lost a lot of tech jobs. I thought they would eventually overtake Chicago but now Chicago has widened the lead. Oh well, we still have the Cowboys to watch.
I would have thought so too given Dallas' crazy population gains, but if anything Chicago has a shining star in its ability to expand its GDP despite not having a growing population. It's been doing this for a few decades now.
Dallas' MSA population has grown by 44% since 2001 and its GDP has grown by 122%.
Chicago's MSA population has grown by 4% since 2001 and its GDP has grown by 72%.
That means that for ever 1% growth in population Dallas is creating 3% additional GDP while Chicago is creating 16% GDP for every 1% growth in population.
It's a complicated picture for Chicago though, with much of the population losses and people leaving being underprivileged, poorer people who are underemployed, while the reverse is happening with a strong showing in white collar jobs and college graduates coming to the area.
Difference between Chicago and Dallas GDP (millions) by year. It's been remarkably stable the past two decades despite very different population trends:
I'm surprised to see the the gap between Baltimore and Charlotte/St. Louis has widened to $+35 billion, I'd have expected Charlotte to gain ground if anything.
Boston surpassing Philly was ineviatable, while San Fran surpassing Washington DC also didn't surprise me considering the economic boom going on there.
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?
its not that much of a hot mess. anymore. Also think of Hartford as Dorchester circa 2005 if it were an independent city.
The whole metro is not doing anything it’s odd. Like Buffalo’s GDP grew more than it and its GDP is 30B smaller for a similar sized city.
Other wealthy metro areas are wealthy because they are attracting high dollar talent. Hartford is wealthy because of interia. Although one good thing about Hartford is since the housing market never recovered from 2007 the housing/salary ratio is really great there
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