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Remarkable how the Bay Area and Seattle had so much higher GDP growth than job growth. Wage growth in both was off the charts. Between 2016 and 2019, Seattle jumped ahead of Boston, NY, and DC and reached the 2nd highest avg wages after the Bay Area.
Austin, which also had insanely high GDP growth, jumped over Dallas in terms of avg wages.
Oracle is moving their HQ to Austin. That will no doubt help.
Oracle is moving their HQ to Austin. That will no doubt help.
I would bet on Austin being #1 for % GDP growth in the 2020s among the top 50. Bay Area's numbers aren't sustainable given its size and our state government couldn't be more arrogant.
Oracle is moving their HQ to Austin. That will no doubt help.
I pray that Tesla will move it's HQ there as well. Larry Ellison, Elon Musk(and Peter Thiel, yall want PayPal too?) are the 2 biggest A-Holes in the Bay Area. P-L-E-A-S-E leave
I pray that Tesla will move it's HQ there as well. Larry Ellison, Elon Musk(and Peter Thiel, yall want PayPal too?) are the 2 biggest A-Holes in the Bay Area. P-L-E-A-S-E leave
Can you send them to smaller metros in Texas instead? Austin is already unaffordable. Send them to corpus. I hear Beaumont is nice
LOL trust me, the guys coming there have egos the size of Texas-Good Luck!
Frankly if it’s going to Austin, it might as well be in South Dakota. Don’t get me wrong, I like Austin and I’m very happy for them, it just doesn’t impact Houston. I’d feel a little different if it were Dallas but only because I used to live there. It still doesn’t impact much here.
Cincinnati is actually very impressive. Obviously Covid makes projecting difficult but I feel like it’s influence would be much stronger had its metro been in 1 state since it’s the largest economy in any of the 3 cumulative states it has suburbs in (IN/OH/KY)
Outpacing Induanapolis is pretty impressive considering population growth rates
Cincinnati has quietly become the most impressive Midwest metro, IMO, in terms of balancing GDP/population growth. People just assume Columbus is chugging along out front because of its big (for Midwest purposes) population growth. But Cincinnati has actually been kicking Columbus' butt the past five years, though Columbus hasn't been bad (nor has Cleveland outside of still not reaching the population bottom ... looks like it's running about a decade behind Cincinnati in that regard).
Ohio has a lot of problems, but the three big metros collectively, are not the reason for it. It's just a state that has three almost mirror sized large metros instead of a dominant major one (Texas and California don't either, but those are also by far the two most populous states in the country and each are what 5-10 times the geographic size of Ohio). I know this is a what if, but if you combine the three Cs into one, they would be pretty competitive with the other top metros.
From the 2010-2019 measure, looking at the current top 10:
GDP per person (2019):
1. San Francisco: $125,099
2. Boston: $99,449
3. New York: $98,799
4. Washington, D.C.: $89,015
5. Los Angeles: $82,383
6. Chicago: $74,975
7. Philadelphia: $74,509
8. Houston: $72,489
9. Atlanta: $70,187
10. Dallas: $69,173
11. "Three Cs": $66,338
12. Miami: $57,057
GDP per person change (2010-2019):
1. San Francisco: $51,680
2. New York: $28,896
3. Boston: $27,258
4. Los Angeles: $25,422
5. Chicago: $21,030
6. Atlanta: $19,613
7. "Three Cs": $17,934
8. Dallas: $16,363
9. Philadelphia: $13,666
10. Washington, D.C.: $13,579
11. Miami: $12,637
12. Houston: $12,250
GDP per person percent change (2010-2019):
1. San Francisco: 70.39%
2. Los Angeles: 44.63%
3. New York: 42.52%
4. Atlanta: 38.58%
5. Chicago: 38.14%
6. Boston: 37.80%
7. "Three Cs": 37.05%
8. Dallas: 30.99%
9. Miami: 28.45%
10. Philadelphia: 22.46%
11. Houston: 20.34%
12. Washington, D.C.: 18.00%
It would be in the bottom half of the group for sure, despite being middle in population (for now ... a close group in the 6 million range), but it doesn't look out of place overall among these across the metrics.
Last edited by ClevelandBrown; 12-11-2020 at 08:29 PM..
Well, because "Ohio" would still, at the MSA level, have metros of 800,000 (Dayton), 700,000 (Akron), 650,000 (Toledo), 500,000 (Youngstown) and 400,000 (Canton).
I know it's all farms out here, though.
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