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Mon Dec 16, 2019, 07:23 PM

MAP - A Third of America's Economy Is Concentrated in Just 31 Counties




Just 31 counties, or the top 1% by share, made up 32.3% of U.S. gross domestic product in 2018, according to data released last week by the Bureau of Economic Analysis that included nearly 20 years of county-level GDP data. That's despite these counties only having 26.1% of employed Americans and 21.9% of the population last year. Their combined GDP share is also up from a recession low of 30.1% in 2009.

The nation’s economy is becoming increasingly concentrated in large cities and by the coasts—and less so in rural counties—spurring the question of whether rural areas will be increasingly left behind. The growing concentration of the country’s economic activity could impact a variety of things from infrastructure spending to labor mobility, but it’s unclear how rural areas will fare as their share of economic output continues to dwindle.

https://www.bloomberg.com/graphics/2019-us-gdp-concentration-counties/

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Reply MAP - A Third of America's Economy Is Concentrated in Just 31 Counties (Original post)
underpants Dec 2019 OP
Voltaire2 Dec 2019 #1
Newest Reality Dec 2019 #2
appalachiablue Dec 2019 #3
malthaussen Dec 2019 #4

Response to underpants (Original post)

Mon Dec 16, 2019, 07:28 PM

1. which is partly why there is now such a huge disconnect between the popular vote

and the electoral vote.

It is really just a handful of states that are 'making it' in the 21st century. The rest of the country is a wasteland of dead end jobs and limited prospects. Fertile ground for demagogues.

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Response to Voltaire2 (Reply #1)

Mon Dec 16, 2019, 07:31 PM

2. +1000

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Response to Voltaire2 (Reply #1)

Mon Dec 16, 2019, 07:53 PM

3. How true that is, this divided economy & nation is rocky

A lot of empty real estate in the USA.

There are 3,242 counties in the US.

https://en.wikipedia.org/wiki/County_(United_States)

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Response to underpants (Original post)

Tue Dec 17, 2019, 10:59 AM

4. LA County has a GDP equal to Saudi Arabia...

... the county I live in has a GDP equal to Moe's deli.

-- Mal

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