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Old 06-16-2014, 07:41 PM
 
2,047 posts, read 2,983,072 times
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I found this on another site....

Interesting to look at.

Some highlights:

The greater New York metro, far and away America's largest and richest, is projected to produce $1.4 trillion dollars in GMP in 2014. This makes it about the same size as Australia, equivalent the world's 12th largest economy.
L.A., projected to account for almost $830 billion in GMP, has a larger economy than that of the Netherlands, and would therefore number among the world's top 20 economies.
Chicago, with more than $610 billion in GMP, is about the same size as Switzerland and significantly bigger than Sweden.
Houston, approaching $490 billion in economic output, is comparable to Poland or Taiwan.

The New York Metro's Economy Is Almost as Large as Australia's - CityLab
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Old 06-17-2014, 08:26 AM
 
264 posts, read 441,759 times
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I have heard that the economy of the state of TX has surpassed NY. I will research and try to find a source. I have noticed a lot of ads for businesses to come to NY. They are offering 10-year tax free. I'm sure there is an asterisk with that.
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Old 06-17-2014, 08:33 AM
 
Location: Tysons Corner, VA by way of TEXAS
725 posts, read 1,240,334 times
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Quote:
Originally Posted by TXbywayof View Post
I have heard that the economy of the state of TX has surpassed NY. I will research and try to find a source. I have noticed a lot of ads for businesses to come to NY. They are offering 10-year tax free. I'm sure there is an asterisk with that.
That happened 5-10 years ago IIRC. Looking at Wikipedia the numbers seem to be about 1.3 trillion to 1.1 trillion in Texas' favor.
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Old 06-17-2014, 08:45 AM
 
Location: Breckenridge
2,367 posts, read 4,694,093 times
Reputation: 1650
New York's economy is mostly paper. The banking industry is just out of control.
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Old 06-17-2014, 02:27 PM
 
2,047 posts, read 2,983,072 times
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Quote:
Originally Posted by Schumacher713 View Post
New York's economy is mostly paper. The banking industry is just out of control.
Finance is probably less of NYC than O&G in Houston.

Silicon Alley, apparel, media, etc. and on and on. Anybody who is anybody in any of those industry need to be in NYC, just like anybody who is anybody need to be in Houston for O&G.
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Old 06-17-2014, 03:23 PM
 
Location: Houston, Tx
8,227 posts, read 11,142,696 times
Reputation: 8198
Quote:
Originally Posted by ipuck View Post
Finance is probably less of NYC than O&G in Houston.

Silicon Alley, apparel, media, etc. and on and on. Anybody who is anybody in any of those industry need to be in NYC, just like anybody who is anybody need to be in Houston for O&G.
What the hell is silicon alley?
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Old 06-17-2014, 04:40 PM
 
Location: The Greater Houston Metro Area
9,053 posts, read 17,192,790 times
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Quote:
Originally Posted by 14Bricks View Post
What the hell is silicon alley?
Silicon Alley - Wikipedia, the free encyclopedia
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Old 06-17-2014, 04:54 PM
 
Location: Tysons Corner, VA by way of TEXAS
725 posts, read 1,240,334 times
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Quote:
Originally Posted by cheryjohns View Post
Wow - I have never heard that term before!

Learn something new every day...
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Old 06-17-2014, 05:56 PM
 
Location: Houston, Tx
8,227 posts, read 11,142,696 times
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Quote:
Originally Posted by cheryjohns View Post
Lol, I guess you learn something new every day. Thanks.
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Old 06-17-2014, 05:57 PM
 
Location: Houston, Tx
8,227 posts, read 11,142,696 times
Reputation: 8198
Quote:
Originally Posted by majicdonjuan View Post
Wow - I have never heard that term before!

Learn something new every day...
Me neither, I thought he mistakenly meant silicon valley or it was a typo.
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