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MSA GDP numbers for 2009 were released today:

 

gdpma_0211.png

 

The decline in durable-goods manufacturing hit the metropolitan areas of the Great Lakes region particularly hard. Kokomo, IN; Elkhart-Goshen, IN; Columbus, IN; and Holland-Grand Haven, MI had double-digit declines in real GDP growth primarily due to declines in durable-goods manufacturing. In the three Indiana metropolitan areas, durable-goods manufacturing subtracted more than ten percentage points from real GDP growth.

 

The continued decline in construction over the past few years adversely affected metropolitan areas in the Rocky Mountain, Southwest, Southeast, and Far West regions the most. Declines in construction continued in 2009 in places like Lake Havasu-Kingman, AZ; St. George, UT; Prescott, AZ; Naples-Marco Island, FL; and Cape Coral-Fort Myers, FL. In Las Vegas-Paradise, NV construction turned sharply downward in 2009. In all of these metropolitan areas, construction subtracted more than two percentage points from real GDP growth in 2009.

 

The effects of the decline in professional and business services was more widespread. In St. Louis, MO-IL; Detroit-Warren-Livonia, MI; and Boulder, CO professional and business services subtracted more than two percentage points from real GDP growth in 2009. All of these metropolitan areas declined by more than the national average.

 

In contrast to most industries, natural resources and mining was a strong positive contributor to growth in 2009. Significant growth in mining resulted from sharp declines in prices for petroleum, natural gas, and other mining products. Growth accelerated in 70 metropolitan areas, most notably in areas where natural resources and mining industries are concentrated such as Casper, WY and Oklahoma City, OK. Casper, WY had the fastest real GDP growth (22.4 percent) of any metropolitan area in 2009 due largely to growth in the mining sector. The natural resources and mining industry contributed more than ten percentage points to growth in several areas such as Casper, WY; Oklahoma City, OK; and Shreveport-Bossier City, LA. In addition to natural resources and mining, several metropolitan areas with large concentrations in nondurable-goods manufacturing—Pascagoula, MS; Vallejo-Fairfield, CA; and Lake Charles, LA—grew significantly in 2009.

 

http://www.bea.gov/newsreleases/regional/gdp_metro/gdp_metro_newsrelease.htm

 

The list:

 

New York-Northern New Jersey-Long Island             1,210,387

Los Angeles-Long Beach-Santa Ana, CA             730,941

Chicago-Joliet-Naperville, IL-IN-WI             508,712

Washington-Arlington-Alexandria, DC-VA-MD-WV 407,463

Houston-Sugar Land-Baytown, TX 363,201

Dallas-Fort Worth-Arlington, TX 356,615

San Francisco-Oakland-Fremont, CA             335,563

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD             335,112

Boston-Cambridge-Quincy, MA-NH 298,256

Atlanta-Sandy Springs-Marietta, GA             264,700

Miami-Fort Lauderdale-Pompano Beach, FL 252,647

Seattle-Tacoma-Bellevue, WA 228,797

Phoenix-Mesa-Glendale, AZ             190,725

Minneapolis-St. Paul-Bloomington, MN-WI 189,801

Detroit-Warren-Livonia, MI             185,800

San Diego-Carlsbad-San Marcos, CA             171,471

Denver-Aurora-Broomfield, CO 152,868

San Jose-Sunnyvale-Santa Clara, CA             147,370

Baltimore-Towson, MD 138,420

St. Louis, MO-IL             124,558

Portland-Vancouver-Hillsboro, OR-WA             117,006

Pittsburgh, PA 111,597

Tampa-St. Petersburg-Clearwater, FL             111,377

Riverside-San Bernardino-Ontario, CA             110,565

Charlotte-Gastonia-Rock Hill, NC-SC             110,427

Kansas City, MO-KS 103,137

Cleveland-Elyria-Mentor, OH 103,020

Orlando-Kissimmee-Sanford, FL 100,711

Indianapolis-Carmel, IN 98,799

Cincinnati-Middletown, OH-KY-IN 98,260

Sacramento-Arden-Arcade-Roseville, CA 94,391

Las Vegas-Paradise, NV 91,742

Columbus, OH 91,308

Milwaukee-Waukesha-West Allis, WI             82,692

Virginia Beach-Norfolk-Newport News, VA-NC             79,600

Hartford-West Hartford-East Hartford, CT             79,424

Bridgeport-Stamford-Norwalk, CT 78,805

Austin-Round Rock-San Marcos, TX             78,426

San Antonio-New Braunfels, TX 77,712

Nashville-Davidson-Murfreesboro-Franklin, TN             75,764

New Orleans-Metairie-Kenner, LA 68,008

Salt Lake City, UT             65,221

Providence-New Bedford-Fall River, RI-MA             64,341

Memphis, TN-MS-AR 62,735

Richmond, VA 61,447

Oklahoma City, OK             61,099

Jacksonville, FL             58,303

Louisville-Jefferson County, KY-IN             55,850

Birmingham-Hoover, AL 53,276

Raleigh-Cary, NC             52,556

Honolulu, HI 50,071

Tulsa, OK             47,066

Omaha-Council Bluffs, NE-IA             45,733

Rochester, NY 43,517

Buffalo-Niagara Falls, NY             43,157

Baton Rouge, LA 39,686

Albany-Schenectady-Troy, NY 39,597

New Haven-Milford, CT 38,834

Des Moines-West Des Moines, IA 37,719

Albuquerque, NM 35,498

Oxnard-Thousand Oaks-Ventura, CA             34,962

Madison, WI 34,786

Durham-Chapel Hill, NC 34,285

Dayton, OH 32,897

Little Rock-North Little Rock-Conway, AR             32,884

Tucson, AZ 32,697

Greensboro-High Point, NC             31,829

Grand Rapids-Wyoming, MI             31,657

Columbia, SC 31,101

Bakersfield-Delano, CA 29,053

Fresno, CA 29,017

Allentown-Bethlehem-Easton, PA-NJ             28,597

Knoxville, TN 28,424

Harrisburg-Carlisle, PA 28,064

Worcester, MA 28,043

Wichita, KS 26,967

Akron, OH 26,944

Charleston-North Charleston-Summerville, SC             26,691

Syracuse, NY 26,352

El Paso, TX 26,333

Trenton-Ewing, NJ             25,409

Toledo, OH 25,397

Anchorage, AK 25,368

Colorado Springs, CO 25,270

Portland-South Portland-Biddeford, ME 25,201

Boise City-Nampa, ID 24,771

Greenville-Mauldin-Easley, SC 24,762

Jackson, MS 23,689

North Port-Bradenton-Sarasota, FL             23,067

Springfield, MA 22,514

Lexington-Fayette, KY 22,114

Poughkeepsie-Newburgh-Middletown, NY 21,499

Manchester-Nashua, NH 20,865

Winston-Salem, NC             20,785

Chattanooga, TN-GA 20,285

Cape Coral-Fort Myers, FL             19,910

Huntsville, AL 19,882

Stockton, CA 19,698

Santa Rosa-Petaluma, CA 19,603

Reno-Sparks, NV 19,546

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

It's funny to me that they count Tampa-St. Pete as one metropolitan area, but do not combine Cleveland and Akron.  Tampa and St. Pete are separated by a large body of water (Tampa Bay) and the commute time is probably comparable between the two sets of cities. 

Interesting that Cincinnati-Dayton is almost identical to Cleveland-Akron. 

Adding SF-Oakland and San Jose puts the Bay Area at about the same size as Chicago. I'm surprised how low Detroit is, and that Indy is higher than Cincinnati.

The Cleveland MSA is wacky to say the least. For example, I live in Wadsworth, which is 35 miles south of Cleveland and 10 miles west (actually slightly southwest) of Akron. It's clearly an Akron suburb, if you look at where people work and where they are from. I'm from Cleveland and I feel like an outsider. But since it's in Medina County, technically, I live in the Cleveland MSA.

 

Then you have Twinsburg, while it's about 20 miles from both Cleveland and Akron, I'd estimate that 75-plus percent of the population considers themselves Clevelanders. It's where they work, where they were raised. But Twinsburg is considered in the Akron MSA since it's Summit County.

 

And then what about Stark County? It's not counted in either, even though the northern part of Stark is more Akron-oriented than it is Canton. There are people (I know a couple) who live by the Akron-Canton Airport on the Stark side who never go into Canton, but are in Akron every day.

 

Realistically, there should be one MSA for Cleveland which encompasses Cuyahoga, Lorain, Medina, Wayne (which is not in any MSA), Summit, Stark, Portage, Geauga and Lake counties. That would have it around 3.3 million people. That's not even counting the gray areas in the Youngstown-Warren MSA.

Interesting that Cincinnati-Dayton is almost identical to Cleveland-Akron. 

 

Remember, though, that Canton isn't a part of either Cleveland or Akron. That would add another 400,000 or so to Cleveland-Akron. That would push "Cleveland" into Minneapolis/Seattle neighborhood.

Man, Toledo has plummeted on this list over the years (very similar to Detroit's plummet). In 1980, it ranked much higher. To put it in perspective, Des Moines MSA with 100,000 fewer people than Toledo MSA managed to produce nearly 50% more GMP. That's gut-wrenching. Toledo used to rank much higher than Des Moines (I believe as recently as the 1990's, so Toledo went down like the Edmund Fitzgerald).

It's funny to me that they count Tampa-St. Pete as one metropolitan area, but do not combine Cleveland and Akron.  Tampa and St. Pete are separated by a large body of water (Tampa Bay) and the commute time is probably comparable between the two sets of cities.

 

MSAs, I believe, are comprised of areas that have significant interaction and commutes.  There are specific standards to be counted as one MSA, and Cleveland/Akron have not met those standards, so they remain separate. 

Brookings has been tracking this stuff quarter by quarter since the jobs depression/Wall Street power grab happened:

 

http://www.brookings.edu/~/media/Files/Programs/Metro/metro_monitor/2010_09_metro_monitor/0915_metro_monitor.pdf

 

After looking at these numbers, I don't know if I can buy the Youngstown economic hotbed arguments (though it is showing early signs of it). Most of Ohio outside Victoria's Secret land is still in the weeds.

 

Percent change in real GMP, metro peak to 2010Q2

 

Top 15 GMP Growers

1 Washington-Arlington-Alexandria, DC-VA-MD-WV 6.9%

2 Austin-Round Rock, TX 6.7%

3 Virginia Beach-Norfolk-Newport News, VA-NC 6.0%

4 Ogden-Clearfield, UT 5.7%

5 Baltimore-Towson, MD 5.6%

6 San Antonio, TX 4.9%

7 Seattle-Tacoma-Bellevue, WA 4.8%

8 Honolulu, HI 4.8%

9 McAllen-Edinburg-Mission, TX 3.9%

10 Raleigh-Cary, NC 3.7%

11 El Paso, TX 3.5%

12 Albuquerque, NM 3.3%

13 Dallas-Fort Worth-Arlington, TX 2.9%

14 Kansas City, MO-KS 2.6%

15 Little Rock-North Little Rock-Conway, AR 2.6%

 

Bottom 15 GMP Growers

86 Riverside-San Bernardino-Ontario, CA -3.2%

87 Cleveland-Elyria-Mentor, OH -3.2%

88 Tampa-St. Petersburg-Clearwater, FL -3.3%

89 Greensboro-High Point, NC -3.4%

90 North Port-Bradenton-Sarasota, FL -3.4%

91 Dayton, OH -3.5%

92 Jacksonville, FL -3.8%

93 Scranton--Wilkes-Barre, PA -3.8%

94 Youngstown-Warren-Boardman, OH-PA -3.9%

95 Las Vegas-Paradise, NV -4.2%

96 Portland-Vancouver-Beaverton, OR-WA -4.5%

97 Palm Bay-Melbourne-Titusville, FL -5.0%

98 Toledo, OH -5.0%

99 Detroit-Warren-Livonia, MI -12.3%

100 Cape Coral-Fort Myers, FL -14.8%

 

While it's obvious the recession did serious damage to the already weak core of the Rust Belt, it's also obvious Florida got hit pretty hard. Ditto with Vegas, LA, and Portland. In terms of jobs, Cleveland is really taking off based on 2010 labor force numbers, so it won't be on this list much longer.

It's funny to me that they count Tampa-St. Pete as one metropolitan area, but do not combine Cleveland and Akron.  Tampa and St. Pete are separated by a large body of water (Tampa Bay) and the commute time is probably comparable between the two sets of cities.

 

MSAs, I believe, are comprised of areas that have significant interaction and commutes.  There are specific standards to be counted as one MSA, and Cleveland/Akron have not met those standards, so they remain separate. 

 

I don't know how those standards are not met, especially in the last 10 years. Some of "Cleveland's" strongest growth has been in the Akron MSA (Twinsburg, Macedonia, Richfield, Aurora, Streetsboro, Hudson, etc.), while some of "Akron's" strongest growth has been in the Cleveland MSA (Wadsworth, Medina). And Akron/Canton not being a combined MSA is even more mind boggling. The cities are 20 miles apart and a large percent of the growth of both have been in "UCLA" (Upper Canton, Lower Akron ... Green, Jackson Township, Uniontown, Canal Fulton, North Canton).

 

I never realized how connected Canton and Cleveland were until driving back from down south on I-77 at night. Once you get about five miles south of Canton it is urban for about 15 miles (up to the Akron-Canton Airport). Then there is a one-mile stretch between the Airport and Massillon Road that is dark and looks rural (but you can see the lights ahead where it becomes urban again). Once you hit Massillon Road, it is again urban for another 15 or so miles to Ghent Road in Bath. From there, it is semi-urban for the next 10 or so miles until you hit Independence and get into Cleveland. That's about a 70-mile stretch of highway where 60 of it is noticeably urban. The stretch between south Canton and northwest Akron is even more noticable, about 29 of that 30 mile stretch is urban.

 

It's also not too surprising that the stretch on 1-77 between Ghent and Independence is is less urban considering Cleveland's southern growth has been more down the 71, 271 and Route 8 corridors (some of which is still the Akron MSA anyway).

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