CBRE Scoring Tech Talent 2023 (rates, largest, America, people)

[CXT2000]

Another year, another great report on tech hubs across North America. Even with the slowdowns as of late, not much has changed overall.

Takeaways:

1. SF/NYC still not dying, once again going against mainstream media.
2. Canadian cities are growing at a record pace, not only percentile wise but absolute growth. I was surprised by the growth in Calgary and Edmonton.
3. Miami is once again proven to not being the fastest growing tech city or hub (going against the hype machine from the mayor, DDA and other associations).
4. The growth in Madison is remarkable, considering it's a city of 300,000 people.


Top three cities, tech job growth between 2017-2022 (absolute numbers)

1. SF: 75,020
2. Toronto: 63,800
3. Montreal: 51,500

Top five cities, job growth rates, 2017-2022

1. Vancouver: 69% (nice!)
2. Calgary: 61%
3. Waterloo Region: 52%
T4. Edmonton/Madison: 45%

Top 10 largest tech markets (2022 numbers in brackets)

1. SF: 407,810 (378,810)
2. NYC: 371,030 (344,520)
3. Toronto: 285,700 (289,700)
4. Washington D.C: 265,240 (259,310)
5. L.A: 249,620 (235,800)
6. Dallas: 205,920 (187,950)
7. Seattle: 194,040 (189,570)
8. Montreal: 172,400 (148,900)
9. Chicago: 166,140 (167,560)
10. Boston: 161,470 (166,450)

Movements in ranking

The top five markets were the same as last year: San Francisco Bay Area, Seattle, New York Metro, Washington, D.C. and Toronto. New York moved up to No. 3 and Toronto moved down to No. 5. Markets that moved up the most were Calgary (+7 spots), Canada's Waterloo Region and St. Louis (+6), Madison (+5) and Quebec City (+4). Markets that moved down the most were Columbus (-6 spots), Minneapolis/St. Paul (-5) and Pittsburgh, Edmonton and Cleveland (-4).

Top 50 scorecard



Source: https://www.cbre.com/insights/books/...ch-talent-2023

[R1070]

The Dallas area is much more of a tech hub than a lot of people realize.

[the resident09]

Originally Posted by R1070

The Dallas area is much more of a tech hub than a lot of people realize.

Absolutely, as is Washington DC.

A lot of the tech contracts in the DC area have secondary tech HQ's in Dallas.

[ion475]

Originally Posted by the resident09

Absolutely, as is Washington DC.

A lot of the tech contracts in the DC area have secondary tech HQ's in Dallas.

DC especially Loudoun Co has a gajillion data center. Add onto all the information security jobs in the area (these are closer to Tysons with some up near Fort Meade in Maryland).

For the metroplex - I would think many of the tech jobs are from the legacy telecom? That and TI.