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The Economies of the SEC : 2016 in Review
Posted on 12/20/16 at 8:50 am
Posted on 12/20/16 at 8:50 am
Data is from the Atlanta Business Chronicle via the US Bureau of Labor Statistics.
Private Sector Job Growth in SEC Footprint Cities from 10/15 to 10/16 (Cities with 200K+ Private Sector Jobs)
10 Best
1. Baton Rouge (+4.5%) (+15,100 jobs)
2. Jacksonville (+4.3%) (+25,000 jobs)
3. Orlando (+4.3%) (+45,300 jobs)
4. Sarasota/Bradenton (+4.2%) (+10,700 jobs)
5. Cape Coral/Ft Myers (+4.0%) (+8,400 jobs)
6. Charleston (+3.8%) (+10,300 jobs)
7. Dallas-Ft Worth (+3.4%) (+103,100 jobs)
8. Tampa-St Pete (+3.0%) (+33,600 jobs)
9. Atlanta (+2.8%) (+65,400 jobs)
10. Columbia, SC (+2.6%) (+8,000 jobs)
10 Worst
1. Houston (+0.2%) (+4,100 jobs)
2. New Orleans (+0.3%) (+1,400 jobs)
3. Little Rock (+0.6%) (+1,600 jobs)
4. Birmingham (+0.9%) (+3,900 jobs)
5. Augusta (+1.0%) (+1,900 jobs)
6. Greenville, SC (+1.3%) (+2,600 jobs)
7. Fayetteville, AR (+1.3%) (+2,600 jobs)
8. Memphis (+1.7%) (+9,500 jobs)
9. Chattanooga (+1.7%) (+3,700 jobs)
10. Louisville (+2.1%)(+11,800 jobs)
Private Sector Job Growth in SEC Footprint Cities from 10/15 to 10/16 (Cities with 200K+ Private Sector Jobs)
10 Best
1. Baton Rouge (+4.5%) (+15,100 jobs)
2. Jacksonville (+4.3%) (+25,000 jobs)
3. Orlando (+4.3%) (+45,300 jobs)
4. Sarasota/Bradenton (+4.2%) (+10,700 jobs)
5. Cape Coral/Ft Myers (+4.0%) (+8,400 jobs)
6. Charleston (+3.8%) (+10,300 jobs)
7. Dallas-Ft Worth (+3.4%) (+103,100 jobs)
8. Tampa-St Pete (+3.0%) (+33,600 jobs)
9. Atlanta (+2.8%) (+65,400 jobs)
10. Columbia, SC (+2.6%) (+8,000 jobs)
10 Worst
1. Houston (+0.2%) (+4,100 jobs)
2. New Orleans (+0.3%) (+1,400 jobs)
3. Little Rock (+0.6%) (+1,600 jobs)
4. Birmingham (+0.9%) (+3,900 jobs)
5. Augusta (+1.0%) (+1,900 jobs)
6. Greenville, SC (+1.3%) (+2,600 jobs)
7. Fayetteville, AR (+1.3%) (+2,600 jobs)
8. Memphis (+1.7%) (+9,500 jobs)
9. Chattanooga (+1.7%) (+3,700 jobs)
10. Louisville (+2.1%)(+11,800 jobs)
This post was edited on 12/20/16 at 8:51 am
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Posted on 12/20/16 at 8:52 am to Triple Daves
Doesn't take into account metro areas. The suburbs are where the most growth is at.
People are fleeing cities and have been for decades.
People are fleeing cities and have been for decades.
Posted on 12/20/16 at 8:53 am to secuniversity
quote:
The suburbs are where the most growth is at. People are fleeing cities and have been for decades.
That hasn't been true in about 15 years. The exact opposite is true now, actually.
Posted on 12/20/16 at 8:54 am to Triple Daves
quote:
2. New Orleans (+0.3%) (+1,400 jobs)
Weird because for years after the storm it was growing at a fantastic rate.
Not sure why the slide happened.
Posted on 12/20/16 at 8:55 am to Triple Daves
MS neither best nor worst 
Posted on 12/20/16 at 8:55 am to CBandits82
quote:
Not sure why the slide happened.
Would oil prices have something to do with it (like Houston)?
Posted on 12/20/16 at 8:55 am to secuniversity
quote:
People are fleeing cities and have been for decades.
Its actually the opposite now.
Posted on 12/20/16 at 8:56 am to Triple Daves
quote:
Would oil prices have something to do with it (like Houston)?
Definitely, forgot about the oil crisis.
Posted on 12/20/16 at 8:57 am to Triple Daves
quote:Nice job Florida
2. Jacksonville (+4.3%) (+25,000 jobs)
3. Orlando (+4.3%) (+45,300 jobs)
4. Sarasota/Bradenton (+4.2%) (+10,700 jobs)
5. Cape Coral/Ft Myers (+4.0%) (+8,400 jobs)
8. Tampa-St Pete (+3.0%) (+33,600 jobs)
Posted on 12/20/16 at 8:59 am to secuniversity
quote:
People are fleeing cities and have been for decades.
Maybe 10-15 years ago
Now folks are moving into the city and have been for quite some time
The burbs are old news
Posted on 12/20/16 at 9:05 am to cas4t
What is the source of Baton Rouge's solid growth? Those are impressive numbers, especially considering they are only private sector.
Is a lot of it post-flood cleanup related?
Is a lot of it post-flood cleanup related?
Posted on 12/20/16 at 9:52 am to Triple Daves
quote:
What is the source of Baton Rouge's solid growth? Those are impressive numbers, especially considering they are only private sector.
A massive IBM business center just opened that was a big get for the city.
One of the big ones I can think of off the top of my head.
Posted on 12/20/16 at 11:24 am to Triple Daves
quote:
Would oil prices have something to do with it (like Houston)?
Yes
Posted on 12/20/16 at 1:50 pm to Triple Daves
Would guess if Bentonville or Rogers were on the list they'd be in the top 10. Perhaps Arkansas is behind the trends (typically are) but suburbs are still booming in NWA.
Posted on 12/20/16 at 2:57 pm to secuniversity
quote:
The suburbs are where the most growth is at.
False, and I live in the suburbs.
quote:
People are fleeing cities and have been for decades.
Most major cities are experiencing a flood of young professionals and the like. Complete resurgence.
Posted on 12/20/16 at 4:31 pm to Triple Daves
Can you post the link to your sources? I'm curious to see more methodology of the calculation.
Posted on 12/21/16 at 11:59 pm to MsState of mind
quote:
MS neither best nor worst
Forgotten. Because nobody gives a shite about Mississippi.
Posted on 12/22/16 at 12:01 am to Triple Daves
I wonder about Austin and San Antone.
Posted on 12/22/16 at 6:16 am to Triple Daves
quote:
That hasn't been true in about 15 years. The exact opposite is true now, actually.
Nope. Since about 2012, the trend of moving to urban areas changed.
LINK
Urban housing prices appear to be the main reason.
This post was edited on 12/22/16 at 6:21 am
Posted on 12/22/16 at 7:55 am to Triple Daves
As bad as it looks for Bham, it's still progress and 70th among 106 major metros. Hopefully it still sees an increase.
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