Sep 18, 2017.
Bigger than most countries. The Gross Metropolitan Product (GMP) of top 25 US metro regions, 2016.
GMP is the market value of all final goods and services from the larger metropolitan regions & a definition similar to Gross Domestic Product for countries. At $1.66 trillion, the New York-New Jersey metro region has world’s 10th largest gross product, more than Canada (1.53tr), South Korea (1.41tr), and Russia (1.28tr). That’s about 9% of the US domestic product ($18.6tr).
California has five metro regions in top 25, which explains why California state alone is the world’s 5th largest global economy (at $2.7tr), well ahead of UK ($2.63tr), France ($2.46tr), and India ($2.26tr). However, LA metro is more than twice the size of San Francisco, which one would expect to be growing faster due to recent high growth in housing & tech sectors. But the Silicon Valley tech services spread out beyond San Francisco & housing doesn’t contribute as much to the GMP as one would think. Some of this growth is also spread out into San Jose Metro.
The fast growing Western metros are still far behind. The recent growth in Denver, Seattle & Portland has attracted lot of young workers but they have a lot of catching up to do with old behemoths like Philadelphia, Detroit and Baltimore.
Source: statista.com
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Sep 15, 2017 – Median rent in San Jose, July 2017
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Sep 05, 2017 – no chart
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Sep 03, 2017 – Unemployment rate & labor participation rates, 1997-2017
Sep 02, 2017 – Earnings of men & women, up to 2015
Sep 01, 2017 – US household income trend, 2015
Aug 31, 2017 – Projected growth in fastest growing occupations, 2014-2024
Aug 30, 2017 – US median salaries for fastest growing occupations in next 10 years, 2016
Aug 29, 2017 – US household – time spent in daily chores, 2016
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Aug 27, 2017 – Peak earning vs age, 2010-2016
Aug 26, 2017 – Price change for TVs, Computer, Internet, Cable & Software, 1996-2015
Aug 25, 2017 – Number of rental units in Silicon Forest, Tanasbourne, Portland Metro
Aug 24, 2017 – Vacancy rates, for rental & homeowner houses (1980-2015)
Aug 23, 2017 – Rate of homeownership & number of renters, 1990-2015
Aug 22, 2017 – Comparison of $100k with mortgage vs S&P vs rent, $100k from Jan 2010 to Jun 2017
Aug 21, 2017 – no chart
Aug 20, 2017 – Construction productivity vs other industries (The Economist)
Aug 19, 2017 – no chart
Aug 18, 2017 – no chart
Aug 17, 2017 – Worth of money in parallel worlds (with housing leverage), $100k from Jan 2010 to Jun 2017
Aug 16, 2017 – no chart
Aug 15, 2017 – Worth of money in parallel worlds (long term trend), starting with $100k in Jun 1996
Aug 14, 2017 – Worth of money in parallel worlds, value of $100k invested in Jan 2010 worth in Jun 2017
Aug 13, 2017 – US consumer price index (cost-of-living index or inflation) – (2007-2017)
Aug 12, 2017 – US unemployment rate & wage growth (2010-2017)
Aug 11, 2017 – US home price change by state (1976-2017 & 2016-2017)
Aug 10, 2017 – Inflation plotted with US Treasury & Mortgage rates (2010-2016)
Aug 9, 2017 – US Treasury and Mortgage rates (2010-2016)
Aug 8, 2017 – Household credit score versus time (2001-2016)
Aug 7, 2017 – Monthly mortgage payment across key US metro regions (2012-2016)
Aug 6, 2017 – Good time to buy or good time to sell? Fannie Mae’s monthly Home Purchase Sentiment Index (R)
Aug 5, 2017 – Buy versus Rent – Trulia’s calculator (Apr 2017)
Aug 4, 2017 – Annual change in US home prices across top 20 cities (May 2011- May 2017)
Aug 3, 2017 – Best time to get a deal: time period when best discounts are available in housing market
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