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This City in the U.S. Has the World's Largest Urban EconomyT looks like New York City will continue to stay on top. ????According to the annual Global Cities report by Oxford Economics, New York City is still the largest growing economy in the world. ????The city is also expected to keep its first place spot in 2035 thanks to financial and business services. ????In that year, the city is projected to have an annual output of $2.5 trillion dollars. ????Following New York is Tokyo and then Los Angeles and London. ????The other American City making the list’s top 10 is Chicago. ????As far as the fastest growing, San Jose known as the Silicon Valley economic capital is blazing the way. ????The report writes that San Jose “offers a powerful high-tech, entrepreneurial ecosystem combining research universities, investment capital and a cultural affinity for risk.” ????The city is expecting a 3% annual growth between 2019 and 2035. ????But Oxford Economics also projects that by 2027, the GDP of Asian cities is set to exceed the combined GDP of North American and European cities in its forecast. | |||||
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