City Data Holiday 2020: BEA 2019 GDP Release... (Boston, Chicago, beach, south)

[GeoffD]

Not surprising that the IPR-creating rich got richer.

Is there a per capita GDP breakdown?

[18Montclair]

I did the 25 largest MSA GDPs.

Metro Area Per Capita GDP 2019
$168,140 San Jose-Sunnyvale-Santa Clara
$125,120 San Francisco-Oakland-Berkeley
$106,747 Seattle-Tacoma-Bellevue
$99,376 Boston-Cambridge-Newton
$96,854 New York-Newark-Jersey City
$89,022 Washington-Arlington-Alexandria
$82,388 Los Angeles-Long Beach-Anaheim
$76,959 Baltimore-Columbia-Towson
$76,641 Denver-Aurora-Lakewood
$75,828 San Diego-Chula Vista-Carslbad
$75,038 Minneapolis-St Paul-Bloomington
$74,979 Chicago-Naperville-Elgin
$74,515 Philadelphia-Camden-Wilmington
$72,491 Houston-The Woodlands-Sugar Land
$70,199 Portland-Vancouver-Hillsboro
$70,131 Atlanta-Sandy Springs-Alpharetta
$69,991 Pittsburgh
$69,174 Dallas-Forth Worth-Arlington
$67 683 Charlotte-Concord-Gastonia
$62,479 Detroit-Warren-Dearborn
$61,882 St Louis
$61,227 Miami-Fort Lauderdale-West Palm Beach
$54,949 Phoenix-Mesa-Chandler
$52,958 Tampa-St Petersburg-Clearwater
$42,933 Riverside-San Bernardino-Ontario

[cpomp]

Originally Posted by 18Montclair

Anyone have an idea of what's going on in Texas? I thought DFW would put up much more robust numbers?

And huge props to Seattle! And look at Boston and Philly acting like theyre in the sunbelt lol looking good.

I only did the CSAs with 400B+ GDPs

2018-2019 CSA GDP Growth
+$71.792 Billion New York-Newark(+3.53%)
+$63.162 Billion Los Angeles-Long Beach(+4.93%)
+$59.594 Billion San Jose-San Francisco-Oakland(+5.79%)
+$30.267 Billion Seattle-Tacoma(+6.87%)
+$29.692 Billion Washington-Baltimore-Arlington(+3.80%)
+$28.479 Billion Boston-Worcester-Providence(+4.33%)
+$20.568 Billion Philadelphia-Reading-Camden(+4.18%)
+$18.883 Billion Dallas-Fort Worth(+3.61%)
+$18.359 Billion Chicago-Naperville(+2.58%)
+$17.667 Billion Miami-Port St Lucie-Fort Lauderdale(+5.43%)
+$16.789 Billion Atlanta-Athens-Clarke County-Sandy Springs(+3.77%)
+$14.770 Billion Houston-The Woodlands(+2.91%)

Agree, interesting to see these percentages, especially Boston and Philadelphia near the top of the pack. Seattle is very impressive (and no surprise).

A shame next years data will throw a wrench into all of this growth

[the resident09]

Now that the decade is over, 18Montclair have you crunched the numbers on 2010-2019 overall GDP growth by MSA/CSA?

[18Montclair]

Originally Posted by the resident09

Now that the decade is over, 18Montclair have you crunched the numbers on 2010-2019 overall GDP growth by MSA/CSA?

Good idea.

[mjlo]

Where did you get the table for the top 25 metro areas? I cant find it. I want to create a table for all metros with GDP over $50 billion.

[the resident09]

Originally Posted by 18Montclair

Good idea.

No pressure, lol. I mention you, since I know you're better than most with it.

[GeoffD]

Originally Posted by mjlo

Where did you get the table for the top 25 metro areas? I cant find it. I want to create a table for all metros with GDP over $50 billion.

I just saw county data. Near as I can tell, you have to roll your own MSA numbers from that.

[18Montclair]

Originally Posted by mjlo

Where did you get the table for the top 25 metro areas? I cant find it. I want to create a table for all metros with GDP over $50 billion.

When you pull up the GDP data it comes up in alphabetical order...click on 2019 and it will rearrange the entire table by GDP dollar value instead--it actually lists all MSAs but I can only fit the top 25 on my screen, but you scroll down to every MSA.

[newgensandiego]

Originally Posted by 18Montclair

Anyone have an idea of what's going on in Texas? I thought DFW would put up much more robust numbers?

And huge props to Seattle! And look at Boston and Philly acting like theyre in the sunbelt lol looking good.

I only did the CSAs with 400B+ GDPs

2018-2019 CSA GDP Growth
+$71.792 Billion New York-Newark(+3.53%)
+$63.162 Billion Los Angeles-Long Beach(+4.93%)
+$59.594 Billion San Jose-San Francisco-Oakland(+5.79%)
+$30.267 Billion Seattle-Tacoma(+6.87%)
+$29.692 Billion Washington-Baltimore-Arlington(+3.80%)
+$28.479 Billion Boston-Worcester-Providence(+4.33%)
+$20.568 Billion Philadelphia-Reading-Camden(+4.18%)
+$18.883 Billion Dallas-Fort Worth(+3.61%)
+$18.359 Billion Chicago-Naperville(+2.58%)
+$17.667 Billion Miami-Port St Lucie-Fort Lauderdale(+5.43%)
+$16.789 Billion Atlanta-Athens-Clarke County-Sandy Springs(+3.77%)
+$14.770 Billion Houston-The Woodlands(+2.91%)

Although not a large GDP, Phoenix CSA grew by an impressive 5.76%. Surpassed Detroit and closed the gap with MSP.

I do wonder with some of these how much is innovation or industry driven vs. population driven (which are not necessarily mutually exclusive). % change in GDP per capita probably provides some insight. Do you know if that is available on an annual basis? Tried to find it in the data tables, but maybe wasn't sure where to look.

It's just interesting to see booming southern metros (population-wise) have less GDP growth than LA or Philly, which have pretty limited growth. I can't imagine the Inland Empire driving enough population or GDP growth for the entire CSA since it's only 1/4 of the population.

edit: Inland Empire growth may actually explain LA CSA growth. YOY was 7.32%, the highest of any major MSA.