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Indicator in
Focus |
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US Economic
Forecast |
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06 Qrt 1, Real GDP :
p
2.7%
06 Qrt 1, CPI
Inflation: p 3.6%
06 Qrt 1,
Unemployment: 5.0% |
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Economic Forecast Table |
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CITY GDP
Offered by e-forecasting.com
Analysis of past
trends and projections of city GDP, population and incomes can
help businesses better plan investments, project sales, decide
whether it is a good time to enter specific markets, or identify
future growth in existing markets. A look at any city’s current
trends and forecasts is an indispensable tool in comparing
national versus rural or urban trends within each country and
among countries around the globe.
e-forecasting uses national and regional accounts within a sound
statistical methodology to create consistent estimates of key
city-centric indicators comparable to national indicators. Each
city’s GDP and incomes are expressed in dollars at purchasing
power parities (PPPs) for meaningful comparisons.
In the last two decades, growth of the emerging economies has
increased, thus reallocating incomes and wealth around the globe
with the creation of new centers for production, trade and
finance. According to latest estimates, currently about 50% of
the world’s 6.5 billion people live in major cities. The United
Nations estimates that in 2030, 60% of the world’s people will
be living in cities. Cities are the magnet for better education,
health facilities, higher incomes and business opportunities...
Global City Facts:
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Most of the growth in cities is expected to be in developing
countries. The majority of the new mega cities are in Asia
followed by Latin America.
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In many countries, one half of economy-wide GDP and jobs is
found in their largest city.
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Cities attract young highly-skilled workers and are centers for
the best universities, research institutes, innovation and
entrepreneurship.
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Tokyo, Paris, Zurich, Prague and Oslo produce about one-third of
their country’s GDP.
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New York City, one of the many United States mega-cities,
generated about one trillion dollars of GDP in 2005. Across the
pond, London’s GDP accounts for one fifth of United Kingdom’s
GDP.
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Beijing’s GDP in US dollars at purchasing power prices is about
the same as New York City GDP.
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Ask for your
City GDP Free Sample
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Free Sample of City GDP
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Subscription per market (annual forecast updated twice a year in
spring and fall, includes history and 10-year forecast): $475
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