# Buffalo top 20 highest per capita GDP **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [February 14, 2012, 10:10am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493 "2012-02-14T10:10:30Z")\ **Posts on this page:** 14\ **Page:** 3
**Author:** ![superfan99](https://avatars.discourse-cdn.com/v4/letter/s/96bed5/32.png) [@superfan99](https://forums.speedlife.net/u/superfan99)\ **Post date:** [February 15, 2012, 7:15am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/41 "2012-02-15T07:15:34Z")
I suppose this is what we get for getting economic ‘news’ from Artvoice. ---
**Author:** ![BOBBYGRV](https://avatars.discourse-cdn.com/v4/letter/b/ed8c4c/32.png) [@BOBBYGRV](https://forums.speedlife.net/u/BOBBYGRV)\ **Post date:** [February 15, 2012, 7:17am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/42 "2012-02-15T07:17:15Z")
My head hurts just skimming this this thread… ---
**Author:** ![PureXTC](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/purextc/32/5223_2.png) [@PureXTC](https://forums.speedlife.net/u/PureXTC)\ **Post date:** [February 15, 2012, 7:20am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/43 "2012-02-15T07:20:31Z")
The list doesnt include black people. ---
**Author:** ![POOPRA](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/poopra/32/7188_2.png) [@POOPRA](https://forums.speedlife.net/u/POOPRA)\ **Post date:** [February 15, 2012, 7:51am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/44 "2012-02-15T07:51:33Z")
Im sure the people in Hartford are also wondering how their city is at the top of the list. Has anyone who has been to Hartford been impressed with the economic activity? Im sure its more representive of the outlying areas in CT where all the stockbrokers and fund managers live. ---
**Author:** ![93dx\_hatch](https://avatars.discourse-cdn.com/v4/letter/9/90ced4/32.png) [@93dx\_hatch](https://forums.speedlife.net/u/93dx_hatch)\ **Post date:** [February 15, 2012, 7:55am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/45 "2012-02-15T07:55:40Z")
> [@cougarspeed](#): > > When I first read the article I did a le sigh out loud because of how poorly they represented the point of the figures. I would hate to speculate but I would not be surprised if the author did not really understand the subject matter. > > GDP is a representation of income in a technical sense. But not what most associate as income. > I would bet a quite high % of readers do not get out of that article what they should had it been written a little better. I had a long reply typed out yesteday after the first 3 replies to the article. But like many times on here, a quick Delete saves me lots of time/energy, ---
**Author:** ![MOBOOST4U](https://avatars.discourse-cdn.com/v4/letter/m/f4b2a3/32.png) [@MOBOOST4U](https://forums.speedlife.net/u/MOBOOST4U)\ **Post date:** [February 15, 2012, 8:49am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/46 "2012-02-15T08:49:04Z")
Well to steer this back in the right direction, this is still pretty good news! If gross regional GDP represents a chunk of money to be made in the region, its still exciting to know that Western New Yorkers have more access than we thought to ACTUAL tangible income, even if its not exclusively in the City of Buffalo. Granted, im sure a great deal of the number is derived from out-of-region work/sales that is just headquartered here, but its still money being brought into the community. Now that distribution of the wealth… thats another story lol. ---
**Author:** ![95dime](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/95dime/32/7514_2.png) [@95dime](https://forums.speedlife.net/u/95dime)\ **Post date:** [February 15, 2012, 9:50am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/47 "2012-02-15T09:50:13Z")
> [@cougarspeed](#): > > This is a very simplistic explanation of how to calculate GDP > > GDP: sum of expenditures, sum of incomes, and sum of value > added. This problem focuses on the expenditure component since this method is most closely > followed by the markets. The major expenditure components are personal consumption (C), > gross private domestic investment (I), government purchases (G), and net exports (X-M); they > form the familiar identity of: > (1) GDP = C + I + G + (X-M) GDP includes some of value, would this include assests of business such as buildings? its been a while since ive had an economics class, but if thats the case then part of why buffalo is so high on the list is due to what i had posted in the last buffalo thread where i had shown actual fact for the massive amount of construction and its value, putting buffalo at near top of the list for current construction in the contry, plus the others that are in the works and design. yet everyone says nothing is going on in buffalo… ---
**Author:** ![eMKay](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/emkay/32/7428_2.png) [@eMKay](https://forums.speedlife.net/u/eMKay)\ **Post date:** [February 15, 2012, 10:26am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/48 "2012-02-15T10:26:38Z")
> [@cougarspeed](#): > > No this information has nothing to do with that. Yes it does, think about it. I know what GDP means, If you don’t see the connection then I can’t help you. ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [February 15, 2012, 10:11pm UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/49 "2012-02-15T22:11:03Z")
After reading your original statement and assuming you are meaning the low wages to high gdp then yes it makes much more sense. My bad on assuming you like many other in the thread simply were speaking in terms of earnings. I gather you mean about Buffalo having low wages relative to the healthy GDP and the wealthy making out on the deal. This is a fair assumption but being as GDP includes many factors that can skew this ideal such as government spending, consumer spending, import-export, etc it encompasses far too much for me to assume anything without all of the data presented to me. ---
**Author:** ![ProgRocker](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/progrocker/32/5434_2.png) [@ProgRocker](https://forums.speedlife.net/u/ProgRocker)\ **Post date:** [February 16, 2012, 4:12am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/50 "2012-02-16T04:12:48Z")
So basically you take the GDP and divide it by the total population (of an area i.e. Buffalo)? I still don’t understand it but WOOOOO BUFFALO! GDP = private consumption + gross investment + government spending + (exports − imports). ---
**Author:** ![Spam16v](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/spam16v/32/5287_2.png) [@Spam16v](https://forums.speedlife.net/u/Spam16v)\ **Post date:** [February 16, 2012, 4:22am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/51 "2012-02-16T04:22:09Z")
> [@cougarspeed](#): > > When I first read the article I did a le sigh out loud because of how poorly they represented the point of the figures. I would hate to speculate but I would not be surprised if the author did not really understand the subject matter. > > GDP is a representation of income in a technical sense. But not what most associate as income. > I would bet a quite high % of readers do not get out of that article what they should had it been written a little better. Reread it with my text book, taking macro/micro right now… ---
**Author:** ![Jack](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jack/32/7613_2.png) [@Jack](https://forums.speedlife.net/u/Jack)\ **Post date:** [February 18, 2012, 8:28pm UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/52 "2012-02-18T20:28:27Z")
Welfare contributes to GDP… ---
**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\ **Post date:** [February 19, 2012, 11:35am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/53 "2012-02-19T11:35:38Z")
> [@Jack](#): > > Welfare contributes to GDP… GDP is like CPI, fabricated and fuzzy math. They make the #'s say what they want them to say. Just like how most Americans believe inflation is a FLAT 3% YOY when it’s exponential. ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [February 20, 2012, 6:34am UTC](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493/54 "2012-02-20T06:34:32Z")
> [@TradersBASE](#): > > GDP is like CPI, fabricated and fuzzy math. They make the #'s say what they want them to say. Just like how most Americans believe inflation is a FLAT 3% YOY when it’s exponential. GDP is like any other crock number based field out there. Economics, finance, accounting, etc. It is all the format you are using and each format can make certain things look better in your favor. [Previous page](https://forums.speedlife.net/t/buffalo-top-20-highest-per-capita-gdp/220493.md?page=2)