Monday, January 14, 2019

San Jose ranked fastest-growing city in the world, 2019-2035

As we already know, San Jose has one of the best performing economies anywhere. That does not seem destined to change anytime soon based on a new report from Oxford Economics. They are predicting that San Jose will have the fastest growing urban economy in the world over the next 16 years.

If the 3% GDP growth rate is correct, that means our economy will be 50% larger by 2035. The growth rate dwarfs San Francisco but would still not put us anywhere near New York or Tokyo in total economic contribution. However, those cities have much larger populations to work with. We do have the highest GDP per capita in the United States, which contributes positively to salaries and investment.

For more info check out the link below.

Source: SJ Economy Blog

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