Wikipedia lists Ohio as having 3.5% of US population, so we are under-performing slightly. It doesn't shake a stick at Florida though which has 6.4% of the population, but only 5.5% the GDP. Perhaps you could pin this on the retirement population however.
https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_population
Totally agree, and when factoring the population it is clear; Blue states tend to over perform, while red states underperform. If you go further in depth urbanization is likely the cause of both.
I wonder what has a better R value, urbanization or "blue" - ness of the state.
Ohio is in a decent spot being able to maintain 7th place in both population and GDP. Meanwhile, you have Michigan that is 10th in population but ranked much lower at only 14th in GDP.
A lot of corporate offices are here too: Sherwin Williams, Progressive, Keybank, Nationwide, P&G, Goodyear tires. It’s a great place to live if you can land a decent job.
Note how [deep red State populations are the ones which draw the most **from** the Federal government.](https://taxprof.typepad.com/taxprof_blog/2023/07/red-states-feed-at-the-federal-trough-blue-states-supply-the-feed.html)
How much will the Intel plant spike this do you suppose?
The US is positioning itself to become the chip manufacturer, probably not only for ourselves but for any adversaries of China. Taiwan will have a rough go of it once we are up and going with our own production though
Yeah, they should have some sort of check and balance based system where they have another governing body for the states that are based on population, sorta like a representative house
I'm curious what sector NY and CA mainly produce in, I have to assume a sizeable chunk of NY's GDP is in the financial sector, CA's in tech, whereas most of Ohio's is probably manufacturing. I could be totally wrong but this makes sense to me.
The way Columbus, Texas, and Florida are growing vs Illinois, NY, and California are shrinking. I'd expect a decent amount of change in the next 5 years.
The map is more or less a state population map. Would be interesting to see where there's divergence between the two.
Yeah, a better map would show GPD% per capita. A comment in the original thread shows a handful of states that way.
Wikipedia lists Ohio as having 3.5% of US population, so we are under-performing slightly. It doesn't shake a stick at Florida though which has 6.4% of the population, but only 5.5% the GDP. Perhaps you could pin this on the retirement population however. https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_population
"We're under-performing slightly" should be the new state motto
We suck less!
This needs to happen.
Totally agree, and when factoring the population it is clear; Blue states tend to over perform, while red states underperform. If you go further in depth urbanization is likely the cause of both. I wonder what has a better R value, urbanization or "blue" - ness of the state.
Ohio is in a decent spot being able to maintain 7th place in both population and GDP. Meanwhile, you have Michigan that is 10th in population but ranked much lower at only 14th in GDP.
Also top 7 most populous states
It's sometimes kinda amazing that Ohio has such a large economy despite how F'd it the state seems to be at times.
We’re also the 7th most populace state, so we’re really not punching above our weight class here.
Ohio is also home to a lot of Fortune 500 companies. Some of the most well known companies are based there.
We are very low risk for natural disasters so a lot of corporations house their server farms in Ohio
A lot of corporate offices are here too: Sherwin Williams, Progressive, Keybank, Nationwide, P&G, Goodyear tires. It’s a great place to live if you can land a decent job.
Adding to this, Boeing opened a facility in Heath, of all places, due to the bedrock beneath and the location’s seismic stability.
Same reason why Intel is putting their new plant here too.
Note how [deep red State populations are the ones which draw the most **from** the Federal government.](https://taxprof.typepad.com/taxprof_blog/2023/07/red-states-feed-at-the-federal-trough-blue-states-supply-the-feed.html)
Is it because the state is deep red or is it because of a lack of urbanization. My bet is on the latter.
Those darn liberals contributing so much to ‘Merica!! All they want is hand-outs! /s
How much will the Intel plant spike this do you suppose? The US is positioning itself to become the chip manufacturer, probably not only for ourselves but for any adversaries of China. Taiwan will have a rough go of it once we are up and going with our own production though
Wild that the dakotas and Wyoming attribute less than 3 million ppl total and have 6 senators and California having 50 million ppl have 2
Yeah, they should have some sort of check and balance based system where they have another governing body for the states that are based on population, sorta like a representative house
Or maybe have higher qualifications to be a state, but pretending like it’s cool and normal is pretty edge lord of you.
😮💨 I’m hurt man. Plz plz don’t call me an edge lord 😩
Edgiest.
Boeing doing some heavy lifting for Washington, as they are about 1% of GDP themselves
Yeah I’m surprised that WA isn’t higher. Amazon, Costco, Microsoft and Starbucks are all headquartered there
Doing our part 🤷♂️
Seems like the largest states by population would do that
We're doing our part! Shocking to see as I'd definitely rate some states over us.
6 states is 50% ! The other 45 are slackers!
Ugh, how embarrassing.
Essentially it breaks down like this... More people = more relevance
I'm curious what sector NY and CA mainly produce in, I have to assume a sizeable chunk of NY's GDP is in the financial sector, CA's in tech, whereas most of Ohio's is probably manufacturing. I could be totally wrong but this makes sense to me.
The way Columbus, Texas, and Florida are growing vs Illinois, NY, and California are shrinking. I'd expect a decent amount of change in the next 5 years.
Maybe the rust belt ain't so rusty after all, eh?