Posted Dec 20, 2019, 3:32 AM
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Join Date: Dec 2004
Location: Burlingame
Posts: 2,691
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The center of the US economy is in rural Missouri
The center of the US economy is in rural Missouri
https://www.bloomberg.com/graphics/2019-county-gdp/
Kansas in 20 years? It's behind a article view limit. If you haven't reached it, the maps are pretty interesting. Maybe someone could host them in their posts.
Quote:
America’s economic center has been moving west over the past two decades, according to county-level GDP data released Thursday for the first time by the Bureau of Economic Analysis.
Over that period, the geographic midpoint of the country’s gross domestic product moved from just outside the small town of Steelville, Missouri (population 1,642) to the outskirts of Hazelgreen, Missouri (population unknown) about 75 miles away. That’s calculated by finding the location in the U.S. where economic output produced in any direction around it is roughly the same.
Some of this slow but unmistakable shift can be attributed to a population that’s growing faster in many western states. But it’s also due to the changing makeup and distribution of the American economy.
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Quote:
The highest-growth areas in the West are in parts of Southern California (Los Angeles, San Diego and Orange counties), the San Francisco Bay area (Santa Clara) and King County, home to Seattle. Collectively, those five counties added more than $1 trillion in GDP over 17 years. GDP grew the most on the East Coast in Manhattan, Middlesex County outside Boston, Miami-Dade County, Atlanta’s Fulton County and the District of Columbia—adding $662 billion.
Los Angeles County in California experienced the most nominal GDP growth since 2001, and was first for growth in the construction and arts, entertainment and recreation industries. Houston’s Harris County saw the most growth in manufacturing—while manufacturing hubs in parts of North Carolina and Virginia experienced some of the biggest losses.
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