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.
Not necessarily a faster pace (would have to crunch the numbers) but it did add a bit more in GDP in raw dollars. But all things considered, it seems as though Charlotte is overall healthier as a metro. According to the Brookings Institute Metro Monitor tool, from 2008-2018, Charlotte's gross metropolitan product increased by 26.4% while Baltimore's increased by 15.7%. I will say that Baltimore's economy is healthier than most would think but unlike Charlotte, it's mostly on the strength of its suburban counties--most notably Anne Arundel. But hey, take it anyway you can get it is what I say.
100% agree regarding Baltimore's economic strength lies in its metro. Johns Hopkins stabilizes city proper at best but the city is in critical need of Class-A cooperate companies. Hell Legg Mason was just squired not too long ago which isn't surprising considering Baltimore's metro has zero Fortune 500 companies and business climate in MD is toxic at best.
Charlotte is definitely in full stride though and I look forward to seeing the city grow. I have friends who live their and swear by it so I'm long over due for a visit.
Location: That star on your map in the middle of the East Coast, DMV
8,128 posts, read 7,560,868 times
Reputation: 5785
Quote:
Originally Posted by Joakim3
Baltimore has 20% larger GDP than Charlotte despite only having ~200k more in the metro pop.
Yes, Charlotte has a massive financial center, but Baltimore houses the NSA, has a massive bio/healthcare industry dominance, has a port that functions as international trade hub for entire Mid-Atlantic region and that’s before we get into things like historical significance, etc..
I love Charlotte and it definitely can have a case made for top 20 material but I would not place it over B-more despite the cities ongoing issues.
Baltimore is the larger city by a significant amount when you adjust/account for administrative limits lol
Yes Baltimore is ahead of Charlotte for now. By 2030 Charlotte will probably be firmly ahead though.
100% agree regarding Baltimore's economic strength lies in its metro. Johns Hopkins stabilizes city proper at best but the city is in critical need of Class-A cooperate companies. Hell Legg Mason was just squired not too long ago which isn't surprising considering Baltimore's metro has zero Fortune 500 companies and business climate in MD is toxic at best.
Charlotte is definitely in full stride though and I look forward to seeing the city grow. I have friends who live their and swear by it so I'm long over due for a visit.
Yeah, the corporate problem belongs to the state at large although Baltimore is emblematic of the issue. Baltimore lost all its F500 HQ mostly due to mergers/acquisitions or falling out of the Fortune 500 due to slower growth. That tends to happen to legacy companies many times but the issue is that there aren't any corporate headquarters moving in nor or any promising, dynamic ones being created (Under Armour being something of an exception). It's great that it has such fixtures in places like federal government agencies, state government, JHU, and the port but imagine how much greater things could be if there was a robust private sector on top of all that.
Yeah, the corporate problem belongs to the state at large although Baltimore is emblematic of the issue. Baltimore lost all its F500 HQ mostly due to mergers/acquisitions or falling out of the Fortune 500 due to slower growth. That tends to happen to legacy companies many times but the issue is that there aren't any corporate headquarters moving in nor or any promising, dynamic ones being created (Under Armour being something of an exception). It's great that it has such fixtures in places like federal government agencies, state government, JHU, and the port but imagine how much greater things could be if there was a robust private sector on top of all that.
It's well positioned for the future but to put it frankly... the city gets in its own way of success.
Government corruption is beyond rampant, property taxes are 2x that of the burbs & thats before we get to the obvious on going crime issue. The state also giving it helping hand instead of curbing it to the sideline for DC's benefit wouldn't hurt either.
I'm optimistic about it, and feel it will get its mojo back at some point.
It's well positioned for the future but to put it frankly... the city gets in its own way of success.
Government corruption is beyond rampant, property taxes are 2x that of the burbs & thats before we get to the obvious on going crime issue. The state also giving it helping hand instead of curbing it to the sideline for DC's benefit wouldn't hurt either.
I'm optimistic about it, and feel it will get its mojo back at some point.
I'm optimistic as well. There are just too many built-in advantages for it to NOT turn around, hopefully sooner rather than later.
Location: That star on your map in the middle of the East Coast, DMV
8,128 posts, read 7,560,868 times
Reputation: 5785
Quote:
Originally Posted by Mutiny77
I recall someone stating that one of Baltimore's MSA counties has experienced a pronounced increase in commuters to the DC MSA in recent years but I didn't see an official source.
I noted this part:
Looking at those who work in the broader D.C. metro area, those who live in counties between Baltimore and D.C. are also more likely to work in the D.C. metro area than those who live in Baltimore itself. While 25 percent of workers in Anne Arundel and Howard counties work in the D.C. metro area, only between 4 and 7 percent of workers in Baltimore City, Baltimore County, and Baltimore’s other suburban counties work in the D.C. area.
Residents of jurisdictions in the D.C. metro area are less likely to work in Baltimore than Baltimore metro area residents are to work in D.C – only 1 percent of D.C. residents work in the Baltimore metro area. More recent data will be necessary to determine whether Baltimore residents have started commuting to D.C. in larger numbers.
The stats come from the 2009-2013 ACS. It will be interesting to see the changes based on this year's Census.
These numbers seem very off or maybe just outdated. I personally work with 3 people who commute from Baltimore County to Arlington. I'm just one individual. If you multiply me by 6.2 million there's a lot more than 4 percent commuting back and forth. It's also certainly more than 1 percent of the DMV residents who commute northward. Not saying it's above 10% but more than 1%. A friend of mine used to commute from Temple Hills, MD to Aberdeen Proving Ground 40 mins past Baltimore. Insane I know.
Baltimore/St. Louis fight for #20 although I think Baltimore is slipping, Baltimore could be replaced by Austin in 10 years.
San Diego has never registered for me and likely will never register. I just think rich people, navy, and surfing...
No question, San Diego would have a higher profile if it weren't in California where it's overshadowed by LA and the Bay Area. Sacramento has it even worse.
These numbers seem very off or maybe just outdated. I personally work with 3 people who commute from Baltimore County to Arlington. I'm just one individual. If you multiply me by 6.2 million there's a lot more than 4 percent commuting back and forth. It's also certainly more than 1 percent of the DMV residents who commute northward. Not saying it's above 10% but more than 1%. A friend of mine used to commute from Temple Hills, MD to Aberdeen Proving Ground 40 mins past Baltimore. Insane I know.
They are certainly outdated. 2013 feels like half a lifetime ago LOL.
The Baltimore Washington corridor is tough because there is definitely some grey area in between. It's not as bad as SF/SJ, which in my mind should be a single metro, but it does have the same problems.
Do people in Howard county generally consider themselves residents of the Baltimore metro?
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.
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.
