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McKinsey Global Institute – Urban America: US cities in the global economy

Urban America: US cities in the global economy, Apr. 2012 | by James Manyika, Jaana Remes, Richard Dobbs, Javier Orellana and Fabian Schaer

  • “In a world of rising urbanization, the degree of economic vigor that the economy of the United States derives from its cities is unmatched by any other region of the globe. Large US cities, defined here as those with 150,000 or more inhabitants, generated almost 85 percent of the country’s GDP in 2010, compared with 78 percent for large cities in China and just under 65 percent for those in Western Europe during the same period. In the next 15 years, the 259 large US cities are expected to generate more than 10 percent of global GDP growth—a share bigger than that of all such cities in other developed countries combined.”
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