2020 GDP Data: Austin, Seattle & Phoenix Tops among only 7 Areas that Posted Growth

dimondpark · #1 Posted **Dec 8, 2021, 6:21 PM**

This was released today by bea.gov

Here is annual GDP data for CSAs and Uncombined MSAs $100B or greater.

We know this is because of Covid so let's not try to read too much into this. Anyway, I will do post MSA only data in a while, I just dont have time now, or someone else can too.

2020 Combined Statistical Areas and Uncombined MSAS($100B+)
$2.052T New York-Newark
$1.250T Los Angeles-Long Beach
$1.101T San Jose-San Francisco-Oakland
$815.757B Washington-Baltimore-Arlington
$711.501B Chicago-Naperville
$674.801B Boston-Worcester-Providence
$552.465B Dallas-Fort Worth
$496.636B Houston-The Woodlands
$493.888B Philadelphia-Reading-Camden
$470.569B Seattle-Tacoma
$464.497B Atlanta-Athens-Sandy Springs
$395.990B Miami-Port St Lucie-Fort Lauderdale
$305.471B Detroit-Warren-Ann Arbor
$291.607B Minneapolis-St Paul
$282.786B Phoenix-Mesa
$269.538B Denver-Aurora
$240.411B San Diego-Chula Vista-Carlsbad MSA
$208.964B Cleveland-Akron-Canton
$202.717B Portland-Vancouver-Salem
$202.009B Orlando-Lakeland-Deltona
$191.107B Charlotte-Concord
$174.715B St Louis-St Charles-Farmington
$171.903B Salt Lake City-Provo-Orem
$169.269B Tampa-St Petersburg-Clearwater MSA
$168.435B Austin-Round Rock-Georgetown MSA
$165.998B Indianapolis-Carmel-Muncie
$165.828B Pittsburgh-New Castle-Weirton
$157.680B Kansas City-Overland Park-Kansas City
$157.358B Sacramento-Roseville
$156.118B Cincinnati-Wilmington-Maysville
$155.399B Columbus-Marion-Zanesville
$151.652B Raleigh-Durham-Cary
$140.476B Nashville-Murfreesboro
$132.994B San Antonio-New Braunfels-Pearsall
$123.033B Milwaukee-Racine-Waukesha
$121.246B Las Vegas-Henderson
$117.488B Hartford-East Hartford
$100.701B Virginia Beach-Norfolk

GDP Growth Rate, 2019-2020
+2.77% Austin-Round Rock-Georgetown MSA
+1.60% Seattle-Tacoma
+1.47% Phoenix-Mesa
+1.43% Salt Lake City-Provo-Orem
+1.08% San Jose-San Francisco-Oakland
+0.99% Raleigh-Durham-Cary
+0.52% Tampa-St Petersurg-Clearwater
-0.30% San Antonio-New Braunfels-Pearsall
+0.40% Charlotte-Concord
-0.40% Kansas City-Overland Park-Kansas City
-0.50% Columbus-Marion-Zanesville
-0.50% Sacramento-Roseville
-1.02% Indianapolis-Carmel-Muncie
-1.04% San Diego-Chula Vista-Carlsbad
-1.07% Dallas-Fort Worth
-1.28% Portland-Vancouver-Salem
-1.45% Boston-Worcester-Providence
-1.60% Washington-Baltimore-Arlington
-1.76% Virginia Beach-Norfolk
-1.85% Orlando-Lakeland-Deltona
-2.05% Cincinnati-Wilmington-Mayville
-2.20% St Louis-St Charles-Farmington
-2.67% Milwaukee-Racine-Waukesha
-2.70% Minneapolis-St Paul
-2.75% Philadelphia-Reading-Camden
-2.86% Miami-Port St Lucie-Fort Lauderdale
-2.88% Atlanta-Athens-Sandy Springs
-3.02% Cleveland-Akron-Canton
-3.20% New York-Newark
-3.21% Denver-Aurora
-3.80% Los Angeles-Long Beach
-3.90% Chicago-Naperville
-3.93% Nashville-Murfreesboro
-4.08% Houston-The Woodlands
-4.14% Detroit-Warren-Ann Arbor
-4.42% Pittsburgh-New Castle-Weirton
-5.54% Hartford-East Hartford
-8.92% Las Vegas-Henderson

Total GDP Growth, 2019-2020
+$11.793B San Jose-San Francisco-Oakland
+$7.448B Seattle-Tacoma
+$4.546B Austin-Round Rock-Georgetown MSA
+$4.101B Phoenix-Mesa
+$2.424B Salt Lake City-Provo-Orem
+$876M Tampa-St Petersburg-Clearwater MSA
+$843M Charlotte-Concord
+$150M Raleigh-Durham-Cary
-$419M San Antonio-New Braunfels-Pearsall
-$712M Kansas City-Overland Park-Kansas City
-$873M Sacramento-Roseville
-$890M Columbus-Marion-Zanesville
-$1.720B Indianapolis-Carmel-Muncie
-$1.812B Virginia Beach-Norfolk
-$2.539B San Diego-Chula Vista-Carslbad MSA
-$2.639B Portland-Vancouver-Salem
-$3.279B Cincinnati-Wilmington-Mayville
-$3.394B Milwaukee-Racine-Waukesha
-$3.828B Orlando-Lakeland-Deltona
-$3.942B St Louis-St Charles-Farmington
-$5.751B Nashville-Murfreesboro
-$6.012B Dallas-Fort Worth
-$6.525B Cleveland-Akron-Canton
-$6.987B Hartford-East Hartford
-$7.678B Pittsburgh-New Castle-Weirton
-$8.117B Minneapolis-St Paul
-$8.950B Denver-Aurora
-$9.963B Boston-Worcester-Providence
-$11.679B Miami-Port St Lucie-Fort Lauderdale
-$11.887B Las Vegas-Henderson
-$13.108B Washington-Baltimore-Arlington
-$13.217B Detroit-Warren-Ann Arbor
-$13.809B Atlanta-Athens-Sandy Springs
-$13.985B Philadelphia-Reading-Camden
-$21.171B Houston-The Woodlands
-$28.919B Chicago-Naperville
-$49.513B Los Angeles-Long Beach
-$68.063B New York-Newark

Obadno · #2 Posted **Dec 8, 2021, 7:47 PM**

Preview of discussion to follow

East coast city dweller

**grumble grumble** it doesn’t really count *babble babble* the traditional urban centers will win *** excuse excuse** sunbelt cities aren’t real cities ** sniff farts*

iheartthed · #3 Posted **Dec 8, 2021, 10:33 PM**

Quote:

Originally Posted by Obadno

Preview of discussion to follow

East coast city dweller

**grumble grumble** it doesn’t really count *babble babble* the traditional urban centers will win *** excuse excuse** sunbelt cities aren’t real cities ** sniff farts*

Why would they need to make that argument? There are plenty of Sun Belt cities at the bottom of the list.

C. · #4 Posted **Dec 8, 2021, 10:36 PM**

Wound't this be right in the middle of COVID-19. Not sure the information is an accurate portrayal of GDP growth as states that took a more serious response to COVID would have lower GDP numbers.

Florida should be sky high. lol

Crawford · #5 Posted **Dec 8, 2021, 11:07 PM**

Apparently Las Vegas is East Coast.

Manitopiaaa · #6 Posted **Dec 9, 2021, 12:07 AM**

This is December 31, 2020? There's a big difference between March 1 (chaos), July 1 (stability) and December 1 (things were growing again).

dave8721 · #7 Posted **Dec 9, 2021, 6:29 AM**

Quote:

Originally Posted by C.

Wound't this be right in the middle of COVID-19. Not sure the information is an accurate portrayal of GDP growth as states that took a more serious response to COVID would have lower GDP numbers.

Florida should be sky high. lol

Tourism crashed in 2020, especially international tourism. Cruise ships stopped all together until very recently (like a or 2 ago)

SanFranciscoSportFan · #8 Posted **Dec 9, 2021, 7:00 AM**

Can San Francisco turn into Detroit soon like Fox News say it's going to? I wanna buy a house but prices keep rising.

InlandEmpire · #9 Posted **Dec 9, 2021, 2:58 PM**

Quote:

Originally Posted by SanFranciscoSportFan

Can San Francisco turn into Detroit soon like Fox News say it's going to? I wanna buy a house but prices keep rising.

I was going to say the same about Seattle. I thought this area was a dumpster fire everyone was fleeing from. Guess not.

Obadno · #10 Posted **Dec 9, 2021, 3:44 PM**

1-0

Paul in S.A TX · #11 Posted **Dec 12, 2021, 5:43 AM**

San Antonio seems to be undervalued for GDP in my opinion based on the city's economic strength, corporate base and population size. I don't see how cities that have less industry and that are half the size generate more economic output?

Lobotomizer · #12 Posted **Dec 12, 2021, 9:43 PM**

Quote:

Originally Posted by Paul in S.A TX

San Antonio seems to be undervalued for GDP in my opinion based on the city's economic strength, corporate base and population size. I don't see how cities that have less industry and that are half the size generate more economic output?

There is not any metro listed with a larger GDP than San Antonio which is anywhere close to only being half it's size.

It appears Raleigh-Durham would be the smallest metro with a larger GDP, and it has a population of 2,106,463 in it's CSA. The San Antonio CSA has a population of 2,576,528.

That means it is approximately 82% of San Antonio's size, and it's GDP approximately 14% larger.

These figures don't seem particularly difficult to explain given the differences in wages, education attainment, and the types of careers available in the markets.

DCReid · #13 Posted **Dec 12, 2021, 9:52 PM**

Quote:

Originally Posted by Lobotomizer

There is not any metro listed with a larger GDP than San Antonio which is anywhere close to only being half it's size.

It appears Raleigh-Durham would be the smallest metro with a larger GDP, and it has a population of 2,106,463 in it's CSA. The San Antonio CSA has a population of 2,576,528.

That means it is approximately 82% of San Antonio's size, and it's GDP approximately 14% larger.

These figures don't seem particularly difficult to explain given the differences in wages, education attainment, and the types of careers available in the markets.

Agreed - The San Antonio comment has little merit as your explanation makes perfect sense and can even be applied to comparing San Antonio to its close neighbor of Austin.

JManc · #14 Posted **Dec 12, 2021, 10:56 PM**

It's really gotta piss San Francisco/ San Franciscans off to see it listed as second to San Jose in the CSA.