Wednesday, July 18th, 2012

Infographic: Corporate Headquarters

In a piece called “Cities With the Most Corporate Clout,” Richard Florida included this interesting map of Fortune 500 headquarters per capita:

9 Comments
Topics: Economic Development

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9 Responses to “Infographic: Corporate Headquarters”

  1. Paul says:

    Florida picked up this study from an article by Nick Berg at http://www.theatlanticcities.com/jobs-and-economy/2012/07/urban-and-suburban-fortune-500/2525/.
    It seems a little curious to me to draw a bright line along the city limits in determining corporate clout of a city. I’m left unsure of just what general point was being made other than corporate headquarters now tend to be located in suburbs for some cities. Chicago looks weak with only 2 Fortune 500 companies. But McDonald’s, Kraft Foods, Walgreen, Sears Holdings, Allstate and Abbott Labs, none of which are included in Chicago’s total, are all near by.

    As an aside it has long been in the back of my mind that Pittsburgh was a major corporate headquarters town, but it was totally absent from this study.

  2. DBR96A says:

    Denver?

  3. Chris Barnett says:

    Nitpick: the graph legend is inaccurate. It’s not corporate headquarters per capita. It’s corporate headquarters per million capitas.

  4. Cobo Rodregas says:

    Is it possible to create a similar chart according to metro area. For example the suburb of Minneapolis that live in (population 60000) has 2 fortune 500 company headquarters (down from 3 this year) giving it a score of 33 per million.

    I know that the twin cities metro has approx 6 fortune 500 headquarters per million people. Im curious how other metros compare.

    Fortune 500 companies in the last 20 years have favored large suburban campuses over skyscrapers downtown (for better or worse). And city boundaries rarely matter in business.

  5. Brett says:

    This begs the question, “why does this matter?”

  6. Chris Barnett says:

    Brett, it matters because corporate headquarters have traditionally been the physical location of a concentration of highly-educated, highly-paid workers. Typically, “home offices” of corporations have (either directly or through employee associations or company foundations) greatly influenced politics and the arts in their hometowns.

  7. brett says:

    Chris – this map doesn’t tell what places have lots of corporate headquarters. It tells us what cities have a lot of Fortune 500 headquarters compared to their resident population. My interpretation of that is it tells us what cities are highly influenced by a Fortune 500 company.

  8. brett says:

    Another way to look at it – If another million people moved out of Chicago, it’s dot on this map would get a lot bigger. So, I’m not sure how bigger dots are inherently good.

  9. Cooler by the Lake says:

    That is not based on Fortune 500 Companies. It is Global 500. The Atlantic Cities Has yet to correct this on either article.

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