Fifteen US Cities With The Highest GDP(2021 data) (live, places, Los Angeles)

[the resident09]

Originally Posted by Boston Shudra

Same for Boston with Providence/Worcester. The difference wouldn’t be as dramatic, but it’d still be significant.



DC actually isn’t ranked very high for growth in the report referenced by the article:

https://kenaninstitute.unc.edu/wp-co...-10172022r.pdf

Only 0.9%. Tied with Chicago and Grand Rapids.

That's growth rate of the entire DC CSA with Baltimore, not simply DMV metro area.

[DaBears02]

Originally Posted by cdw1084

I think we should watch Seattle, Atlanta, and Philadelphia going forward.

I honestly think Atlanta has a chance to retake the lead over Seattle next year due to tech being down in 2022.

[cdw1084]

Originally Posted by DaBears02

I honestly think Atlanta has a chance to retake the lead over Seattle next year due to tech being down in 2022.

It agree, it's going to definitely pass Philadelphia and Seattle will be interesting. The thing that helps Atlanta and Dallas is the diversity in its industries and continued growth.

[Gaylord_Focker]

Some surprises:

Seattle ahead of Atlanta
Boston so close to Houston
DC ahead of the Texas cities.

[ParaguaneroSwag]

Originally Posted by Gaylord_Focker

Some surprises:

Seattle ahead of Atlanta
Boston so close to Houston
DC ahead of the Texas cities.

None of those are surprising to me in all honestly. I could even see DC continuing to further its lead given all the investments there from Amazon, Boeing, Raytheon etc.

Seattle being so big in software easily boosted it in 2020-2022 but probably won’t boost it much moving forward. I could see Atlanta surpassing Seattle.

[BPt111]

Originally Posted by Gaylord_Focker

Some surprises:

Seattle ahead of Atlanta
Boston so close to Houston
DC ahead of the Texas cities.

Seattle

Amazon
Boeing Commercial Airplanes
Microsoft
Starbucks
Costco
Nordstrom
Alaska Airlines

[mhays25]

Seattle won't continue its recent growth, some of which was related to Covid -- online retail, the cloud, and business software all benefitted. But it's becoming more of an international air hub, and tech layoffs tend to help companies that could hire previously as well as spurring waves of start-ups. Global health and medical research are also good sectors spurred by billions in private donations. Long term, we should continue to punch well above our weight.

[ParaguaneroSwag]

Seattle and Boston both had a sudden spike in GPD. Seattle got tech. Boston for pharma and biotech

In my opinion, I can see Atlanta retaking Seattle sooner than later. Boston I also don’t see slowing down as much as Seattle despite the covid related pharma surge

[18Montclair]

So here are growth rates of the Top 25 MSA GDPs from the last 2 decades.

2001-2011...

Metro Area-GDP 2001-2011---10-Year Growth
1 New York----------943----1,312--+39.1%
2 Los Angeles-------518----742----+43.2%
3 Chicago-----------401----542----+35.1%
4 Washington-------262----438----+67.1%
5 Houston-----------211----382---+81.0%
6 Dallas-------------227----359---+58.1%
7 Philadelphia-------242----351--+45.0%
8 Boston-------------234----341---+45.7%
9 San Francisco-----240----329---+37.0%
10 Atlanta-----------208----281---+35.0%
11 Miami------------179----254---+41.8%
12 Seattle-----------159----251---+57.8%
13 Minneapolis------140----202---+44.2%
14 Detroit-----------183---202---+10.3%
15 Phoenix----------124---185---+49.1%
16 San Jose---------121---184---+52.0%
17 San Diego-------115---173---+50.4%
18 Baltimore--------102---158---+54.9%
19 Denver-----------107---147---+37.3%
20 St Louis----------105---142---+35.2%
21 Riverside----------78----128---+64.1%

2011-2021...

Metro Area-----GDP 2011--GDP 2021-10 Year Growth
1 New York----------$1,312---$1,992---+51.8%
2 Los Angeles-------$742-----$1,124---+51.4%
3 Chicago -----------$542-----$764-----+40.9%
4 San Francisco-----$329----$668----+103.0%
5 Washington-------$438----$607------+38.5%
6 Dallas--------------$359----$598------+66.5%
7 Houston-----------$382-----$537-----+40.5%
8 Boston-------------$341----$531------+55.7%
9 Seattle-------------$251----$479------+90.8%
10 Philadelphia------$351----$477------+35.8%
11 Atlanta-----------$281----$473------+68.3%
12 Miami-------------$254----$417------+64.1%
13 San Jose---------$184----$410-----+122.8%
14 Phoenix-----------$185----$316------+70.8%
15 Minneapolis------$202----$296------+46.5%
16 Detroit------------$202----$283-----+40.0%
17 San Diego--------$173----$267-----+54.3%
18 Denver-----------$147----$253------+72.1%
19 Baltimore---------$158----$222-----+40.5%
20 Riverside---------$128----$213-----+66.4%

[mwj119]

Originally Posted by ParaguaneroSwag

Seattle and Boston both had a sudden spike in GPD. Seattle got tech. Boston for pharma and biotech

If I could be overly defensive for a second....

You're still on this, eh? I think people are so obsessed with "Corporate Tech", that they lose sight of where a lot of the work is happening. It's kind of like the folks who rank "Cities with the Most Fortune 500", which has become a ranking of cities with the most welcoming Corporate Tax policy.

Boston has tech. More, to be certain, as far as startups and innovation than nearly any city on this list. And, yes, it has a huge biotech cluster.

https://www.builtinboston.com/2019/0...ech-ecosystems
https://tech.co/news/top-tech-cities...ranked-2017-06
https://bradvisors.com/boston-ranked...gital-economy/
https://learntocodewith.me/posts/bes...%20tech%20jobs.
https://underscore.vc/blog/6-reasons...-for-startups/
https://www.techtarget.com/whatis/fe...-for-tech-jobs

And, it's also one of the highest paying tech economies in the world, behind only the Bay Area in the US.

https://www.crn.com/news/running-you...-salaries-dice