Wednesday, March 12, 2014

U.S. Mega-Regions as Countries

Richard Florida:
The second map, below, identifies the economic size of these dozen mega-regions and how they compare to nations around the world. The Bos-Wash corridor produces more than Germany, Chi-Pitts more than Brazil, and So-Cal more than all of Mexico. Together, these dozen mega-regions produce more than $13 trillion dollars in economic output, equivalent to three-quarters of America’s total GDP.
 

Details about the mega-regions I'm interested in (the Northeast and the Midwest):
  • Bos-Wash stretches from Boston through New York, Philadelphia and Baltimore to Washington, D.C., a total of 500 miles. It is home to 18 percent of the U.S. population – 56.5 million people. The region generates $3.75 trillion in economic output, meaning that, if Bos-Wash were a separate country, it would be the fourth largest economy in the world, behind only the U.S., China, and Japan and ahead of Germany.
  • Chi-Pitts extends north and west from Pittsburgh through Cleveland, Detroit, Indianapolis, Chicago, and Minneapolis, taking in more than 50 metros in all. Home to 41.8 million individuals, this mega-region generates $2.3 trillion in output. Its economy is just a bit smaller than the United Kingdom’s, about the same size as Brazil’s, and bigger than all of Russia’s – equivalent to the world’s seventh largest nation.
  • Tor-Buff-Chester stretches north from Buffalo and Rochester, taking in Toronto, Ottawa and Montreal in Canada. It has an estimated population of more than 16 million (several smaller Canadian metros are not included in this tally). It generates output of nearly $600 billion, more than Sweden, placing it among the world’s 25 largest economies.
  • Again, conservatives should remember this when they talk about "Real America."  While it is important, commodity production generally matches up with developing nation-level economic activity.  Infrastructure in rural areas is subsidized by these mega-regions.

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