U.S. Metro Areas Are Nation's Economic Powerhouses
10 July 2001 - 9:00am
An analysis released by the U.S. Conference of Mayors shows that much of the nation's economic growth was generated in metro areas which have economies that are larger than those of some countries.
"The vast majority of new jobs and economic wealth created in the United States over the past decade were generated within metropolitan areas, a new analysis for the nation's mayors shows... Were the New York metropolitan area a country, its $437.8 billion economy would rank 14th in the world, just behind South Korea, but ahead of Australia and Taiwan, says the report to the United States Conference of Mayors, which is to be released here on Tuesday."
Source:
The New York Times, July 10, 2001
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