Quote:
Originally Posted by jtown,man
And to be frank, my regulation comment wasn't even necessarily a hit on Chicago. It was a point that IF Chicago wanted to bring back manufacturing into the city, they could lessen regulations and fees to attract these businesses.
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Now, manufacturing is not what it used to be in the US but it's obvious you don't look at actual data. Especially the post I just made last night. The Chicago area is 3rd in the country with $82 Billion GDP for manufacturing alone, not far behind Houston for 2nd (NYC is lower than LA, Chicago, and Houston). To give you an idea of how big that is - Chicago area's Manufacturing GDP is nearly the same GDP as the entire state of Idaho for all industries. Cook County, IL with a population of 5.15M people has a manufacturing GDP of $30.65B in 2019 while the entire Atlanta MSA with 6M people has a manufacturing GDP of $30.67B. Nearly identical GDPs - Atlanta MSA with about 850K more people than Cook County. Another comparison that could be made is Louisiana, Arkansas, and Mississippi combined have a manufacturing GDP of $89.64B with 10.6 million residents - per capita of $8422.5. Chicago MSA's per capita for manufacturing is $8704. Pretty similar there.
The Chicago MSA has already increased by $10.18 Billion GDP from 2010 to 2019 in manufacturing alone. That is about the same as what Phoenix, Atlanta, and Nashville areas saw
combined. Unfortunately, Louisiana lost nearly $10B in GDP in manufacturing between 2010 and 2019 (Illinois gained $6.7B). Mississippi, Alabama, and Arkansas combined went up $11.38B in this period of time for manufacturing. Chicago area went up $10.18B. Per capita increase in those 3 states (10.9 million people) is $1044.3. For the Chicago MSA it's $1076.4. Again, this is nearly identical when you compare per capita increases in the Chicago area versus these states in the SE.
What I gather here is that the Chicago MSA is right now similar in manufacturing than some of these states in the SE combined down to per capita numbers whether overall or the increase from 2010-2019.
Frankly, you are fairly new to the region and it's quite obvious - I think a lot will cut you a break for awhile. However, there's a lot of things you don't know or realize yet, and when you state these types of things without doing much research it's a little silly. Manufacturing has actually been coming back to the south side for the last decade. Yeah, it's not what it was in the 1950s but pretty much nowhere in America really is. Chicago has been seeing sizable increases and still ranks 3rd (almost 2nd) in the nation in manufacturing GDP.
You are talking as if Chicago isn't seeing manufacturing increases when it's seen one of the highest increases of any area in the US from 2010 to 2019 - over $10B increase. Houston MSA actually decreased with manufacturing GDP by over $4B. Just saying.
And not to bring many other states into this conversation, but California increased its manufacturing GDP from 2010 to 2019 by $74.55B with 39.37 million residents. Interestingly enough...Texas, Alabama, Oklahoma, Mississippi, Arkansas, Louisiana, Florida, Georgia, and Tennessee combined increased their manufacturing GDP in the same time period by $72.25B with a combined population of 83.47 million residents. California still outgained pretty much the entire SE United States plus Texas in manufacturing GDP from 2010 to 2019 with only 47% of the population.
It's important to look at the actual data instead of read the bullshit in the media - whatever media that might be.
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