St. Petersburg, Florida was recently ranked the #4 mid-sized economic powerhouse in the United States with a surge powered by “the city’s strategic waterfront location” and “investment in infrastructure and innovation-friendly policies [that have] created an attractive environment for entrepreneurs.” Coworking Cafe identified the top cities fostering economic growth by assessing metrics such as population growth, GDP, employment rates, trade activity, and other economic indicators in thriving urban centers. across the country.
Business Applications Up 81%
Co-working Cafe notes “business applications are on the rise in St. Petersburg by a whopping 81% and it has seen significant improvements in trade, with exports almost doubling by 2022.”
St. Pete Has Highest Score in Florida
The Sunshine City’s ranking is based on:
- Median Earnings
- Business Applications
- Crime Rate
- Educational Attainment
- Employment Rate
- Unemployment Rate
- Housing Units
- Infrastructure (Total Roadway Miles)
- Population Growth
- Trade-Exports
For more, visit “America’s Boomtowns: Top Cities for Economic Growth.”
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