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NEWS & MEDIA
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City GDP
of the major US and Global cities by e-forecasting

City GDP of the major US and global cities can help businesses better plan investments, project sales, and make decisions for future growth in existing markets.
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Annual forecast updated twice a year:
in Spring and Fall,
includes
History and 10-Year Forecast
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CITY GDP
by e-forecasting
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
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.
In many countries, one half of
economy-wide GDP and jobs is found in their largest city.
Cities attract young highly-skilled workers and are centers for the
best universities, research institutes, innovation and
entrepreneurship.
Tokyo, Paris, Zurich, Prague and Oslo
produce about one-third of their country’s GDP.
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.
Beijing’s GDP in US dollars at purchasing power prices is about the
same as New York City GDP 
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