Infographic: GDP MSA


15 cities with the highest U.S. metro GDPs totaling $20.9 trillion according to the latest U.S. BEA data (2021)

The U.S. is the largest GDP in the world. The nation’s metropolitan statistical areas (MSAs) generated nearly 90 percent of this economic output in 2021 (latest data). How will remote work, flight from cities and For example, New York City’s MSA includes Newark, N.J. and Jersey City—reaching a GDP of nearly $2 trillion.

    1. New York-Newark-Jersey City, N.Y.-N.J.-Pa., $2T
    2. Los Angeles-Long Beach-Anaheim, Calif., $1.1T
    3. Chicago-Naperville-Elgin, Ill.-Ind.-Wis., $765B
    4. San Francisco-Oakland-Berkeley, Calif., $669B
    5. Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.V., $608B
    6. Dallas-Fort Worth-Arlington, Texas, $598B
    7. Houston-The Woodlands-Sugar Land, Texas, $537B
    8. Boston-Cambridge-Newton, Mass.-N.H., $532B
    9. Seattle-Tacoma-Bellevue, Wash., $479B
    10. Philadelphia-Camden-Wilmington, Pa.-N.J.-Del.-Md., $478B
    11. Atlanta-Sandy Springs-Alpharetta, Ga., $474B
    12. Miami-Fort Lauderdale-Pompano Beach, Fla., $417B
    13. San Jose-Sunnyvale-Santa Clara, Calif., $410B
    14. Phoenix-Mesa-Chandler, Ariz., $316B
    15. Minneapolis-St. Paul-Bloomington, Minn.-Wis., $297B
What a difference a year makes

Massive layoffs, remote work, feckless spending. Trends from 2022 seem to suggest a much less prosperous picture for major city GDPs in 2022.

Tech layoffs and studio cutbacks have placed the California economy on edge  turning the state’s $100 billion surplus into a deficit.

2023 layoffs highest since 2009

168,243 layoffs (2023 Q1)

2 million people fled major U.S. cities from 2020 to 2022

25% professionals to remain remote predict experts after a high of 60 percent in 2020

Retail, other brick and mortar have followed migration out of big cities

One in eight intrastate moves landed in Florida

As the economy stumbles into 2023, housing affordability along with costs of living were the main reasons Americans moved in 2022.

5 counties with highest loss of residents are in California, Illinois, New York

millions of remote workers decamped to cities like Boise, Austin and Phoenix


during the late 2010s and before COVID, domestic migration moved toward smaller metro areas from larger ones. That outmigration is accelerating. (Wendell Cox, top U.S. demographer)

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