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Research Briefing | May 12, 2021

US | The big West Coast tech metros will continue to thrive

The big West Coast tech metros will continue to thrive - iPad

Many Pacific, South West & Mountain area metros suffered minimal losses in 2020. We expect them to see healthy growth over the next five years. The big three tech metros—San Francisco, San Jose, and Seattle—all look strong.

What you will learn from this report:

  • Many Pacific, South West & Mountain area metros suffered minimal losses in 2020 and we expect them to see healthy growth over the next five years.
  • Much of the growth through 2019 was concentrated in the big three tech metros—San Francisco, San Jose, and Seattle—where the information sector contributed 44% of total GDP growth.
  • The characteristics of the cities that saw the highest growth vary somewhat. Many have a burgeoning tech sector and a large university feeding the workforce. But there are numerous exceptions.
Tags: CitiesCoronavirusGDPMetrosReal EstateTechnologyUnited States
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