Headquarters' Cities

More

Map courtesy of the Martin Prosperity Institute

Corporate headquarters are both heavily concentrated in and very specialized by region, according to a new  analysis by Scott Pennington of the Martin Prosperity Institute.

Eighty-five percent of the headquarters of the largest companies in the U.S. and Canada are concentrated in a dozen or so mega-regions.

Two mega-regions - Chi-Pitts and Char-Lanta - account for almost half of all manufacturing headquarters. Chicago appears to have increased its hold on manufacturing headquarters, in effect pulling them in from other major cities in the mega-region.Not surprisingly, Hou-Orleans dominates in energy; and Nor-Cal is the center for high-tech headquarters.

Finance and insurance are more dispersed. While Bos-Wash accounts for 17 percent of finance and insurance headquarters, Char-Lanta and Tor-Buff-Chester also have significant clusters. These regions are also more diverse in their economic makeup - with significant concentrations of media and entertainment in Bos-Wash and Tor-Buff-Chester and of manufacturing in Char-lanta - perhaps leaving them more resilient in coping with the fallout from the financial crisis.

Jump to comments
Presented by

Richard Florida is Co-founder and Editor at Large of CityLab.com and Senior Editor at The Atlantic. He is director of the Martin Prosperity Institute at the University of Toronto and Global Research Professor at NYU. More

Florida is author of The Rise of the Creative ClassWho's Your City?, and The Great Reset. He's also the founder of the Creative Class Group, and a list of his current clients can be found here
Get Today's Top Stories in Your Inbox (preview)

What's the Number One Thing We Could Do to Improve City Life?

A group of journalists, professors, and non-profit leaders predict the future of livable, walkable cities


Elsewhere on the web

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

Adventures in Legal Weed

Colorado is now well into its first year as the first state to legalize recreational marijuana. How's it going? James Hamblin visits Aspen.

Video

What Makes a Story Great?

The storytellers behind House of CardsandThis American Life reflect on the creative process.

Video

Tracing Sriracha's Origin to Thailand

Ever wonder how the wildly popular hot sauce got its name? It all started in Si Racha.

Video

Where Confiscated Wildlife Ends Up

A government facility outside of Denver houses more than a million products of the illegal wildlife trade, from tigers and bears to bald eagles.

Video

Is Wine Healthy?

James Hamblin prepares to impress his date with knowledge about the health benefits of wine.

Video

The World's Largest Balloon Festival

Nine days, more than 700 balloons, and a whole lot of hot air

Writers

Up
Down

More in National

From This Author

Just In