QuoteThe new measure gives an insight into the geographic distribution of our nation's economic activity, but it also highlights just how unequally distributed GDP is. When looking at real GDP (after accounting for inflation) at the county level, LAGDP shows that 20 percent of the nation's economic growth is concentrated in 11 counties, including the cities of Los Angeles, New York, and Harris, Texas. At the other end of the spectrum, the new data show that 20 percent of GDP is contributed by approximately 2,700 counties with the lowest economic activity. Aggregated GDP measures are not able to paint the picture that 2,700 counties contribute as much to the nation's economy as 11 of the largest counties in America.



https://equitablegrowth.org/new-measure-of-county-level-gdp-gives-insight-into-local-level-u-s-economic-growth/

11 counties are responsible for almost 20% of our GDP. The bottom 2700 (out of 3007) counties are responsible for another 20%

The other 60% of our GDP is provided by the remaining 296 counties.

This is news to me.

This is liberalism at work. Maybe you can figure that out on your own...

Quote from: Solar on December 16, 2019, 05:52:34 PM
This is liberalism at work. Maybe you can figure that out on your own...

What do you mean?

Quote from: joesixpack on December 16, 2019, 06:03:02 PM
What do you mean?

I knew it would go right over your head. I'll give you a few days to ponder it.

Quote from: Solar on December 16, 2019, 06:37:48 PM

I knew it would go right over your head. I'll give you a few days to ponder it.

If you're saying that incentivizing development in middle America is liberalism, I suppose you're right.


But it wouldn't be the first time. Remember Westward Expansion?

Quote from: joesixpack on December 17, 2019, 04:34:06 AM
If you're saying that incentivizing development in middle America is liberalism, I suppose you're right.


But it wouldn't be the first time. Remember Westward Expansion?

The government has no business "helping" GDP in rural areas. The marketplace will take care of it.

Quote from: supsalemgr on December 17, 2019, 04:42:51 AM
The government has no business "helping" GDP in rural areas. The marketplace will take care of it.

We damn sure don't need any more liberals like obama trying to help the markets. He went out of his way to harm the oil, gas, and coal all in order to help "green" energy.

Quote from: joesixpack on December 17, 2019, 04:34:06 AM
If you're saying that incentivizing development in middle America is liberalism, I suppose you're right.


But it wouldn't be the first time. Remember Westward Expansion?

The Fed paid nothing, though it was a one sided deal, in giving of land, it's just too bad the Fed kept as much as it did.
Just read the Constitution, it has all the answers you need.

I did some more parsing of the info. These are our top producing counties:




1. Los Angeles, CA  710,893,266

2. New York, NY  600,244,287

3. Cook, IL 362,063,569

4. Harris TX  361,353,488

5. Santa Clara, CA  316,525,538

6. King, WA  277,122,158

7. Dallas, TX  241,375,801

8. Orange, CA  230,145,536

9. Maricopa, AZ  220,789,933

10. San Diego, CA  219,361,505

11. San Francisco, CA  162,541,244

12. Middlesex, MA  157,384,459

13. Fulton, GA  152,383,941

14. Miami-Dade, FL  145,882,828

15. Alameda, CA  130,701,879

16. Hennepin, MN  122,552,072

17. Suffolk, MA  112,691,074

18. Philadelphia, PA 110,734,916

19. Tarrant, TX  108,786,197

20. Clark, NV  107,622,947

21. Fairfax,Fairfax City,Falls Church, VA  104,001,303

22. Travis, TX  102,486,231




I guess it's fair to say that this is the economic engine of America

Quote from: joesixpack on December 17, 2019, 07:27:56 AM
I did some more parsing of the info. These are our top producing counties:




1. Los Angeles, CA  710,893,266

2. New York, NY  600,244,287

3. Cook, IL 362,063,569

4. Harris TX  361,353,488

5. Santa Clara, CA  316,525,538

6. King, WA  277,122,158

7. Dallas, TX  241,375,801

8. Orange, CA  230,145,536

9. Maricopa, AZ  220,789,933

10. San Diego, CA  219,361,505

11. San Francisco, CA  162,541,244

12. Middlesex, MA  157,384,459

13. Fulton, GA  152,383,941

14. Miami-Dade, FL  145,882,828

15. Alameda, CA  130,701,879

16. Hennepin, MN  122,552,072

17. Suffolk, MA  112,691,074

18. Philadelphia, PA 110,734,916

19. Tarrant, TX  108,786,197

20. Clark, NV  107,622,947

21. Fairfax,Fairfax City,Falls Church, VA  104,001,303

22. Travis, TX  102,486,231




I guess it's fair to say that this is the economic engine of America

Really, what is your point? Looking at the counties enumerated the only story it tells is hell holes a large GDP. You think it may have something to do with population?

Quote from: supsalemgr on December 17, 2019, 07:45:11 AM
Really, what is your point? Looking at the counties enumerated the only story it tells is hell holes a large GDP. You think it may have something to do with population?

People go where the money is...

Speaking of population, though, I was hoping it'd have a Per Capita breakdown but this is still good info:


Large Counties: 141 counties with populations greater than 500,000 in 2018
• Real GDP increased in 136 and decreased in 5.
• GDP ranged from $11.2 billion in Pasco County, FL, to $710.9 billion dollars in Los Angeles
County, CA.
• Santa Clara County, CA, (10.2 percent) was the fastest growing large county. The information
industry was the leading contributor to the county's growth.
• Kern County, CA, (-0.7 percent) had the largest percentage decrease in GDP. The mining,
quarrying, and oil and gas extraction industry (primarily oil and gas extraction) was the leading
contributor to the decrease.

Medium Counties: 464 counties with populations between 100,000 and 500,000 in 2018
• Real GDP increased in 433, decreased in 30, and was unchanged in 1.
• GDP ranged from $2.0 billion in Saline County, AR, to $52.6 billion dollars in Morris County, NJ.
• Canadian County, OK, (21.0 percent) was the fastest growing medium county. The mining,
quarrying, and oil and gas extraction industry (primarily oil and gas extraction and support
activities) was the leading contributor to the county's growth.
• San Juan County, NM, (-6.1 percent) had the largest percentage decrease in GDP. The mining,
quarrying, and oil and gas extraction industry (primarily non-oil and gas mineral extraction) was
the leading contributor to the decrease.

Small Counties: 2,508 counties with populations less than 100,000 in 2018
• Real GDP increased in 1,806, decreased in 682, and was unchanged in 20.
• GDP ranged from $18.4 million in Issaquena County, MS, to $13.3 billion dollars in Karnes
County, TX.
• Jackson County, WV, (86.5 percent) was the fastest growing small county. The construction
industry was the leading contributor to the county's growth.
• Grant County, ND, (-44.0 percent) had the largest percentage decrease in GDP. The agriculture,
forestry, fishing, and hunting industry was the leading contributor to the decrease.

If you look at the numbers above, the smaller counties are shrinking much faster. more than 25% of them went down, compared to only 6% and 3% of the medium and large counties.

Rural America needs help, no?

Either that or eventually we'll all just be clustered in a few places.

Quote from: joesixpack on December 17, 2019, 07:57:37 AM
People go where the money is...

Speaking of population, though, I was hoping it'd have a Per Capita breakdown but this is still good info:


Large Counties: 141 counties with populations greater than 500,000 in 2018
• Real GDP increased in 136 and decreased in 5.
• GDP ranged from $11.2 billion in Pasco County, FL, to $710.9 billion dollars in Los Angeles
County, CA.
• Santa Clara County, CA, (10.2 percent) was the fastest growing large county. The information
industry was the leading contributor to the county's growth.
• Kern County, CA, (-0.7 percent) had the largest percentage decrease in GDP. The mining,
quarrying, and oil and gas extraction industry (primarily oil and gas extraction) was the leading
contributor to the decrease.

Medium Counties: 464 counties with populations between 100,000 and 500,000 in 2018
• Real GDP increased in 433, decreased in 30, and was unchanged in 1.
• GDP ranged from $2.0 billion in Saline County, AR, to $52.6 billion dollars in Morris County, NJ.
• Canadian County, OK, (21.0 percent) was the fastest growing medium county. The mining,
quarrying, and oil and gas extraction industry (primarily oil and gas extraction and support
activities) was the leading contributor to the county's growth.
• San Juan County, NM, (-6.1 percent) had the largest percentage decrease in GDP. The mining,
quarrying, and oil and gas extraction industry (primarily non-oil and gas mineral extraction) was
the leading contributor to the decrease.

Small Counties: 2,508 counties with populations less than 100,000 in 2018
• Real GDP increased in 1,806, decreased in 682, and was unchanged in 20.
• GDP ranged from $18.4 million in Issaquena County, MS, to $13.3 billion dollars in Karnes
County, TX.
• Jackson County, WV, (86.5 percent) was the fastest growing small county. The construction
industry was the leading contributor to the county's growth.
• Grant County, ND, (-44.0 percent) had the largest percentage decrease in GDP. The agriculture,
forestry, fishing, and hunting industry was the leading contributor to the decrease.

Let's take Issaquena County, MS. It is in the southern MS Delta and totally farm land. It is a small county with a very small population. It is not surprising it has a low GDP. The only thing the government might do to assist the county GDP is build a prison. However, I am not sure that would really help as the employees would probably commute.

Quote from: Solar on December 16, 2019, 06:37:48 PM

I knew it would go right over your head. I'll give you a few days to ponder it.

Quote from: joesixpack on December 17, 2019, 04:34:06 AM
If you're saying that incentivizing development in middle America is liberalism, I suppose you're right.


But it wouldn't be the first time. Remember Westward Expansion?

Why would you want more "development"?  We have plumbing, electrical, and land.  What else do we need again?