No Amazon HQ in NY

[*TheLeonardLeap*]

(02-14-2019, 03:00 PM)Au165 Wrote: Not sure what your using to note businesses fleeing the state in droves, but I think they will be okay (currently 11th largest GDP in the world).

(This is not a post about ideology and it's effects on GDP, just something I noticed statistically and wanted to comment on.)


The US GDP in 2000 was $10.28t.
The US GDP in 2017 was $18.62t.
A raise of about 81.1%.

The NY GDP in 2000 was ~$1.02t. (9.92% of the national GDP)
The NY GDP in 2017 was ~$1.27t. (6.95% of the national GDP)
A raise of about 24.5%.

That means that NY grew at well less than 1/3rd of the rate of the rest of the US, losing a significant chunk of their national production share. It's still a large economy, and still a decent chunk of the country's amount, but the reality isn't nearly as bright and shiny as that graph you posted.

If everything holds true to their rate from 2000-2017, NY is looking at only being roughly 1% of the national GDP by 2050.



(I threw the ~ on there for NY because I had to roughly guess the last digit.)