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Mapping What Every State in America Is Best at

  
Via:  Nerm_L  •  5 years ago  •  6 comments


Mapping What Every State in America Is Best at
Company towns used to be a defining feature of the American economy.

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Nowadays, thanks to globalization and offshoring, it is much harder to find employers that exert such influence over a small town (with a few   notable exceptions ). That being said, specific industries still tend to grow in clusters and can dominate the economy of a particular region. To understand this new reality, we mapped the most important industries by state according to the   U.S. Bureau of Economic Analysis , which takes into account an industry’s collective output as a percentage of the overall GDP. For simplicity, we excluded government jobs and real estate. The result is one of the easiest snapshots of the U.S. economy you will ever find.


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Nerm_L
Professor Expert
1  seeder  Nerm_L    5 years ago

Where have all the capitalists gone?

 
 
 
Sparty On
Professor Principal
2  Sparty On    5 years ago

Wow, look at all the states that it's Healthcare related.

Not good, not good at all.

 
 
 
Nerm_L
Professor Expert
2.1  seeder  Nerm_L  replied to  Sparty On @2    5 years ago
Wow, look at all the states that it's Healthcare related.

And insurance.

It's worse than 'not good'.

 
 
 
Kavika
Professor Principal
3  Kavika     5 years ago

An aging population and you'll have Healthcare related industries. 

 
 
 
Nerm_L
Professor Expert
3.1  seeder  Nerm_L  replied to  Kavika @3    5 years ago
An aging population and you'll have Healthcare related industries. 

Well, that's true to some extent.  But healthcare for that aging population shouldn't become the dominant industry in the economy.  Besides, baby boomers are no longer the largest segment of the population; that aging population tends to shrink as time goes on.

 
 
 
Kavika
Professor Principal
3.1.1  Kavika   replied to  Nerm_L @3.1    5 years ago
Well, that's true to some extent.  But healthcare for that aging population shouldn't become the dominant industry in the economy.  Besides, baby boomers are no longer the largest segment of the population; that aging population tends to shrink as time goes on.

No, baby boomers are no longer the largest segment, that belongs to the millennials . At some point in the future they will become boomers and the healthcare industry will be more burdened than it is now or much larger.

 
 

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