Posted January 7, 201015 yr To sum up the Gross Metropolitan Product posts, here is a quick wrap up comparing the various cities. First, Seven Cities in Search of a State. The UO 7. Comparing growth over the decade. OK, but I’m not satisfied with this. This is just the total growth over the decade. How did the GMPs perform over the course of the decade, from year to year? So what I did is I took the year to year percentage growth, and averaged them, to get an average annual growth rate. So here’s that number: …but there are three metros with GMP average annual growth over 1%. Rankings don’t change too much Now, lets combine the NE and SW Ohio metro regions into Cin-Day (adding Dayton) and Cleveland + (adding Akron) , for some rankings. Columbus is still had the best growth over the decade. Adding the % growth for the decade, for nearby cities. Interestingly enough Fort Wayne does pretty good here. Fort Wayne might have a better economy than one would guess. But Indianapolis really stands out. Finally the average annual growth in GMP across the decade. Fort Wayne looks even better in terms of average annual performance. Slow and steady wins the race? Three metros have average annual increases over 1%, including the two state capitals with concentrations in FIRE. And Pittsburgh.
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