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Good point, but doesn't it make you wonder why there hasn't been much growth in NYC?
by omarhaneef 7y ago
Good point, but doesn't it make you wonder why there hasn't been much growth in NYC?
- brenden2 7y agoNot sure exactly, but a general truism is that the larger something gets, the harder growth becomes.
- omarhaneef 7y agoI would expect that to effect the big 3 as well: San Fran, San Jose and Seattle
- brenden2 7y agoThey're big, but nowhere near as big as NYC. NYC alone is larger than the whole SF Bay Area combined (around ~8.6m vs ~7.75m).
- omarhaneef 7y agoI would look at the base of tech jobs, not the population of the city as a whole. Perhaps I misread the study, but it also looks like they were counting the absolute number of new jobs, not the percentage over the population.
- nyc640 7y agoThe study covered the time period 2005-2017, which coincides with the rapid growth of tech in the Bay Area (particularly SF) so it makes more sense in that context.
- omarhaneef 7y agoYeah, I guess the top 3 have so much momentum. I was just surprised to see that Boston, San Diego, Raleigh, Madison beat out Austin and NYC in absolute numbers.
- ghaff 7y agoThe numbers don't include finance which is probably why no NYC. San Diego is a bit surprising but Boston presumably counts all the biotech in Cambridge in addition to the satellite offices of the various West Coast "tech" companies and other high-tech.
- wayoutthere 7y agoThis; the "satellite effect" is huge in NYC -- sometimes the NYC satellite campuses are bigger than the main ones. If a company has a second location, it's usually NYC.
- rb808 7y agoThis article says NYC has by far the most number of STEM jobs. So as %age growth is harder to be the highest, but I'm guessing number wise it would be in the top few. https://www.forbes.com/sites/joelkotkin/2017/03/16/technology-jobs-2017-san-francisco-charlotte-detroit/ https://www.forbes.com/sites/joelkotkin/2017/03/16/technolog...