10 U.S. Cities that are Growing the Fastest—and New York City isn't One of Them

[EastSideHBG]

The ranking considered each city's county-level employment rates and economic output. And the final list is a good indication of where young people want to live and work and of what they value.

For example, Seattle — which ranked number three on this year's list — is becoming a leader in clean energy. The city is moving forward with plans to enact new initiatives for cleaner buildings, according to the city's mayor, Bruce Harrell.

https://www.cnbc.com/amp/2022/11/09/...institute.html

Top 10 fastest-growing U.S. cities in 2022:

1. San Francisco Bay Area
2. Austin, Texas
3. Seattle
4. Raleigh and Durham, North Carolina
5. Dallas
6. Denver
7. Salt Lake City
8. Charlotte, North Carolina
9. New Orleans
10. Orlando

[iheartthed]

I wouldn't expect NYC to have one of the fastest growth rates. It's already humongous.

[TempleGuy1000]

Is the SF techbubble about to pop (or even popping as we speak)?
https://abc7news.com/tech-layoff-tra...musk/12434385/

[iheartthed]

Originally Posted by TempleGuy1000

Is the SF techbubble about to pop (or even popping as we speak)?
https://abc7news.com/tech-layoff-tra...musk/12434385/

Already popped. This is the worst tech market since the dot com bubble burst in 2000. The Bay Area is in for a relatively rough 12 month period. But there are some signs that it is close to bottom. The Meta layoffs have been anticipated for some time, and that was expected to be the biggest shoe to drop. Now that it has occurred, anything bigger than Meta's layoffs would mean outright chaos.

[homebucket]

Originally Posted by TempleGuy1000

Is the SF techbubble about to pop (or even popping as we speak)?
https://abc7news.com/tech-layoff-tra...musk/12434385/

Depends how you define pop. Pop as in self-destruct completely? Or pop as in slight deflation with continued hiring freezes and more layoffs before things stabilize, then I think it's the latter.

Most companies I think will aim to run a little leaner (and smarter) with 10-20% cuts, which a lot of that was due to excessive hiring during the pandemic. This is likely just the first round for Meta. Twitter laying off 50% of their workforce is a special circumstance and outlier. I don't think any of the other big tech firms are going to come anywhere close to that.

[JManc]

The tech industry is in for a correction. They spend cash like a drunken housewife and revenues are down across the board. I think this puts the Bay Area in a perilous position for a while though I doubt this will be dot.com bubble v2.0

[Chisouthside]

the frequency of recruiting emails that i get from the bay (legit/and visa scam ones) def has not dropped for me!

[austlar1]

New Orleans population is not really growing at present. The local economy has grown a good deal in the past year or so due to a revival of tourism (mostly domestic) that is fueling job growth, but the city's population lingers around 390,000 people. The metro population is not experiencing much growth either.

[sopas ej]

For the full list, click this link: https://kenaninstitute.unc.edu/wp-co...22r.pdf#page=5

Booyah!

[TempleGuy1000]

Originally Posted by sopas ej

For the full list, click this link: https://kenaninstitute.unc.edu/wp-co...22r.pdf#page=5

Booyah!

Interesting. Philly at 1.4% seems to be the highest in the Northeast. Philadelphia CSA always gets short-changed with the exclusion of Trenton's MSA, even though it's a part of Philadelphia's urban area.

[Lost Island]

Nice to see New Orleans on that list after the hit they took 17 years ago (Katrina). Hard to beleive it's that long ago already. They came through Ida fairly well too, considering.

I believe Salt Lake City being on that list, judging from the amount of construction in the downtown alone.

[dimondpark]

These estimates show DC-Baltimore getting close to $1T, which is neat imo.

2022 GDP/ CSA or Uncombined MSA in Billions of Dollars:
$2,422 New York
$1,510 Los Angeles
$1,383 San Francisco
$940 Washington
$837 Chicago
$808 Boston
$682 Dallas
$598 Houston
$588 Philadelphia
$583 Seattle
$559 Atlanta
$476 Miami
$357 Detroit
$342 Minneapolis
$341 Phoenix
$330 Denver
$290 San Diego
$246 Orlando
$246 Portland
$245 Cleveland
$233 Charlotte
$216 Austin
$212 Salt Lake City
$204 St Louis
$204 Tampa
$198 Indianapolis
$197 Pittsburgh
$189 Raleigh
$189 Sacramento
$186 Kansas City
$185 Cincinnati
$185 Columbus
$171 Nashville
$163 San Antonio
$146 Las Vegas
$143 Milwaukee
$136 Hartford
$115 Jacksonville
$115 Virginia Beach
$102 New Orleans
$100 Greensboro
$98 Louisville
$98 Richmond
$93 Oklahoma City
$90 Memphis
$87 Greenville
$86 Grand Rapids
$85 Harrisburg
$83 Birmingham
$71 Fresno

2022 GDP Growth Projections Top 10:
+4.8% San Francisco
+4.3% Austin
+3.5% Seattle
+3.4% Raleigh
+3.1% Dallas
+3.0% Denver
+2.8% Salt Lake City
+2.5% Charlotte
+2.4% New Orleans, Orlando, Portland, San Antonio

Full report:
https://kenaninstitute.unc.edu/wp-co...-10122022r.pdf