Number of millionaires: 720,000
Millionaire change: 7.9%
Change in house value: -3.5%
Fortune 500 company headquarters: Verizon JP Morgan
Unemployment rate: 8.3%
New york's fate depends on the financial services industry. Citigroup, JPMorgan Chase, American International Group, Morgan Stanley and Goldman Sachs all have their headquarters in new york. Therefore, when Lehman Brothers declared bankruptcy, a large number of employees were laid off, which immediately triggered the credit crisis and financial tsunami. New york City is not only affected by people who have lost employment opportunities. These high-paying jobs are actually the engines of the city's economic take-off. In the past year and a half to two and a half years, the financial services industry has experienced a moderate recovery.
Second place in Los Angeles
Number of millionaires: 256,500
Millionaire change: 8.8%
Change in house value: -6.5%
Headquarters of Fortune 500 companies: Northrop Grumman Company, Western Oil Company, Western Oil Company.
Unemployment rate: 1 1. 1.
Los Angeles also has a diversified economic and commercial base. The entertainment industry is the largest employer in the region, along with education, health care and energy industries. Los Angeles is one of the most active ports in the world, and the city is also the center of the defense industry. Because of the military needs of the United States, the economic recession has little damage to the national defense center.
Third place Chicago
Number of millionaires: 2 12300
Millionaire change: 7. 1%
House value change:-1 1. 1%
Headquarters of Fortune 500 companies: Boeing and Exelon.
Unemployment rate: 9.5%
Chicago is one of the few big cities that don't rely heavily on one or two industries. Seven years ago, Moody's reported that Chicago has the most diversified economy in the United States. Even affected by the financial crisis, the city's futures and options trading industry has not fallen too much. In Chicago, the two biggest companies are McDonald's and Kraft, which have passed the downturn, just like Baxter and Abbott, the medical service giants.
The fourth D.C., the capital of Washington.
Number of millionaires: 164400
Millionaire change: 7.9%
Change in house value: +2.2%
Headquarters of Fortune 500 companies: Danaher, Washington Post and Washington Post.
Unemployment rate: 5.7%
During the recession, many Washington residents were also lucky, because the federal government and the US military did not lay off employees on a large scale. This situation may change in the future due to the austerity plan. A part of the government's economy has been seriously damaged. Fannie Mae and Freddie Mac, the mortgage underwriters supported by the federal government, basically went bankrupt and became the victims of the housing market downturn.
The fifth place is San Francisco.
Number of millionaires: 147400
Millionaire change: 6.6%
House value change:-15.3%
Headquarters of Fortune 500 companies: MacKay, MacKay, Wells Fargo, Wells Fargo.
Unemployment rate: 9.3%
During the recession, San Francisco's economy suffered a double blow. With the decline in demand for software and Internet services, large high-tech enterprises have been hurt. Its largest bank has laid off thousands of employees, and its mortgage-backed securities and financial services departments have also suffered. The local economy has been damaged so badly that its housing market has not recovered, and the construction industry is also bleak.
Sixth place Philadelphia
Number of millionaires: 1 10400
Millionaire change: 6.0%
Change in house value: -4.2%
Headquarters of Fortune 500 companies: Comcast and Cigna
Unemployment rate: 8.5%
Compared with large-scale industries such as automobiles, high technology and energy, Philadelphia's service industry is not seriously affected by the economy. The city is still a medium-sized financial center, among which the biggest employers are cable TV and corporate service companies, such as amateurs. The urban unemployment rate continues to be lower than the national average.
Seventh Boston
Number of millionaires: 10.98 million
Millionaire change: 7.3%
House value change:-1.5%
Headquarters of Fortune 500 companies: State Street Bank.
Unemployment rate: 6.6%
Boston's economy is based on education, medical services and finance. The headquarters of the largest banks and investment companies in the United States are located here. Many of them are privately held large enterprises, such as Fidelity Investment Company, with 40,000 employees. Hospitals and higher education departments obviously rely on donations. In 2008, the donation value of Harvard University decreased by 22% in four months, and only slowly and moderately recovered in the past two years.
Eighth place Houston
Number of millionaires: 96,700
Millionaire change: 9.6%
Change in house value: +5.8%
Headquarters of Fortune 500 companies: ConocoPhillips, ConocoPhillips and Marathon Oil Company.
Unemployment rate: 8.2%
From 2009 to last year, the millionaire population in Houston increased by nearly 10%, the highest increase among the top ten cities. The commercial and economic activities of this city are mainly dominated by the oil and energy industries. The value of oil companies has soared and profits are rich. Since 2009, the trading price of crude oil has just exceeded $50 per barrel. Recently, this figure has risen to nearly $65,438+000. Houston is also the headquarters of many energy industry companies, the largest of which is halliburton Company. With the rise of oil and gas prices, the whole industry has rebounded.
Ninth Detroit
Number of millionaires: 92 100
Millionaire change: 3.4%
House value change:-13.3%
Headquarters of Fortune 500 companies: Ford and General Motors
Unemployment rate: 1 1.6%
There is a millionaire in Detroit, which is surprising, not to mention the initial number of more than 90 thousand. Whether it is the automobile industry or large-scale parts technology companies such as tires, sales have declined. General Motors and Chrysler declared bankruptcy. However, people in the industry have begun an unexpected revival. Both GM and Ford are the two largest automakers in the United States, and both companies cut costs to ensure sufficient profitability. Michigan offers tax incentives, hoping to attract new industries to Detroit and help it become the center of small and medium-sized high-tech enterprises.
Tenth place San Jose San Jose
Number of millionaires: 88,800
Millionaire change: 2.7%
House price change: flat
Headquarters of Fortune 500 Company: Cisco Yi Bei
Unemployment rate: 9.9%
During the economic recession, San Jose, like any big city, suffered heavy economic losses, and the high-tech industry experienced a terrible sales downturn. The conventional hardware products and software products provided by EDS and Hewlett-Packard Company also fell sharply. Companies and individuals are also cutting back on technology spending, which has just begun to change the business of online companies, such as Facebook and smartphones, providing another wave of high technology and new sales.