The City With the Most to Spend on Christmas? It's Washington, D.C.

This year, the average American will spend $650 on gifts, as part of the country's projected $470 billion of shopping between Thanksgiving and New Year's -- a new record. But which U.S. metro areas have the most to spend? A new index Richard Florida developed with his colleagues at the Martin Prosperity Institute includes three measures of regional productivity and wealth: median household income, per capita income and average wages and salaries. By his calculations,  Washington, D.C., tops the list, followed by San Jose, and Bridgeport-Stamford, Connecticut.

Screen Shot 2011-12-20 at 1.09.27 PM.png

Presented by

The Atlantic Cities explores the most innovative ideas and pressing issues facing today’s global cities and neighborhoods. By bringing together news, analysis, data, and trends, the site is an engaging destination for an increasingly urbanized world.

Never Tell People How Old They Look

Age discrimination affects us all. Who cares about youth? James Hamblin turns to his colleague Jeffrey Goldberg for advice.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

Never Tell People How Old They Look

Age discrimination affects us all. James Hamblin turns to a colleague for advice.

Video

Would You Live in a Treehouse?

A treehouse can be an ideal office space, vacation rental, and way of reconnecting with your youth.

Video

Pittsburgh: 'Better Than You Thought'

How Steel City became a bikeable, walkable paradise

Video

A Four-Dimensional Tour of Boston

In this groundbreaking video, time moves at multiple speeds within a single frame.

Video

Who Made Pop Music So Repetitive? You Did.

If pop music is too homogenous, that's because listeners want it that way.

More in Business

Just In