5 Florida cities that have a great growth in the United States
Rapid economic growth plays a key role in what makes emerging cities attractive potential landing places. As world economies continue to become more interconnected, many companies are looking for opportunities to expand into new markets. For this reason, cities experiencing rapid economic growth are often seen as prime locations for new investment.
WalletHub’s analysis of 515 US cities identified the places that experienced the highest levels of economic growth over the past seven years. The results showed that many of the fastest growing cities are located in the southern and western United States.
These regions have benefited from strong population growth and an influx of capital investment in recent years.
As a result, they offer an attractive proposition for companies looking to expand their operations. With its rapidly growing economy, ample expansion opportunities, and desirable location, an emerging city can be an attractive option for businesses looking to take advantage of new growth opportunities.
5 of those cities are in Florida, with Miami ranking 18th. This city has a population of nearly 471,000 and the largest employers in the area include Publix Super Markets, Baptist Health and the University of Miami, according to South Florida Business Journal.
The other Florida cities featured in this study were:
Cape Coral (9),
Fort Myers (6),
Lehigh Acres (1).