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Doe anyone know If GDP numbers are bottom up (eg they try to get a picture of what people make/consume them extrapolate it over the population or top down (know the GDP then divide by population)
If so Arizona or whatever would be richer than we thought.
Despite a slowdown overall in population change between 2010 and 2020 compared to 2000 - 2010, it looks like 18 states actually accelerated their absolute population growth the past decade compared to the preceding one. Here are the ones that accelerated their growth in absolute numbers (ranked in order by to what degree they accelerated):
1. Michigan (went from a decline of 55k in 2000 - 2010 to almost 200k gained in 2010 - 2020. An incredible turnaround for the state)
2. Rhode Island
3. North Dakota
4. Massachusetts
5. New York
6. Louisiana
7. Ohio
8. New Jersey
9. South Dakota
10. Iowa
11. Washington
12. Nebraska
13. Montana
14. Minnesota
15. Vermont
16. Colorado
17. Oregon
18. Idaho (absolute growth was almost exactly the same in 2010 - 2020 as 2000 - 2010)
Interesting that only one of these states has a predominantly warm climate, which is Louisiana. Their inclusion on the list can be explained by growth in the 2000s being severely suppressed due to Hurricane Katrina's destructive impacts. Without such an event in the 2010s, the state's growth rate returned to its more typical slow, but positive pace.
The urban Northeast certainly surpassed expectations. One advantage the region has in terms of growth is a high rate of immigration from a wide variety of countries. Puerto Rico's precipitous decline likely involved many transplants moving to the Northeast as well.
In some of the Sunbelt states, a larger share of immigration is from Mexico, which is not sending as many migrants to the US as in the past. This may be part of the explanation behind states like Arizona and Texas falling short of estimates and past growth rates.
Doe anyone know If GDP numbers are bottom up (eg they try to get a picture of what people make/consume them extrapolate it over the population or top down (know the GDP then divide by population)
If so Arizona or whatever would be richer than we thought.
GDP Per capita is top-down. They take the production and divide by the population. The lower your denominator, or the higher the numerator, the better your GDP per capita will be.
So less people (lower denominator) = higher GDP per capita.
These fastest growing states really arent growing as fast as in the past. Growth rates are declining fast and we face negative replacement sooner than many might realize.
Quote:
Originally Posted by New York Times
U.S. Population Over Last Decade Grew at Slowest Rate Since 1930s With immigration leveling off and a declining birthrate, the United States may be entering an era of substantially lower population growth, demographers said.
By Sabrina Tavernise and Robert Gebeloff
April 26, 2021
Updated 5:17 p.m. ET
Over the past decade, the United States population grew at the slowest rate since the 1930s, the Census Bureau reported on Monday, a remarkable slackening that was driven by a leveling off of immigration and a declining birthrate...
1) Houston or Dallas may be slightly overestimated.
2) Philadelphia may be underestimated and closer to 6.2 million.
3) DC and Miami could be overestimated by 50,000 people.
4) Phoenix may be overestimated by 150,000 plus.
5) Boston remains number 10.
1. Michigan (went from a decline of 55k in 2000 - 2010 to almost 200k gained in 2010 - 2020. An incredible turnaround for the state)
I wonder, did the dire situation of the auto industry during the great recession have a lot to do with MI's decline in 2010? Given the auto industry turnaround soon after, it might make sense.
Wow, Pennsylvania surpassed 13M? I was not expecting that, but great news.
I wonder if the gap between Pennsylvania and Illinois will continue to widen.
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