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November 8, 2015

fastest growing US Metropolitan areas by number of new companies

Which are the top 10 Fastest growing Metropolitan areas in United states ?. The chart below shows how the individual states ranks in terms of new companies  who are setting up shops there .Our Reading is Atlanta might overtake NY and LA ( ranked currentlt no 1 and no 2) as a lot of companies are set to Georgia. Georgia is one of the most business-friendly states in the country, largely due to their cost savings—state job-tax credits, exemptions, development funds and lower corporate-tax rates, for starters—and Atlanta’s strategic location, namely access to Hartsfield-Jackson Atlanta International Airport, the busiest airport in the world.

" US fastest growing metropolitan areas witnessing  job boom "

The metro areas of  New York, Washington D.C. and Los Angeles  remains the top 3 fastest growing Met cities, by virtue of some of  the biggest number of companies being located in those areas. They  generate a boost to the local economy, leading to  increased economic activity. These 3 METS have been able to  keep up their  top 3 positions  since 2007. Chicago, Atlanta, Dallas and San Francisco  make up the  4th, 5th and 6th positions respectively .They have shuffled positions over the last seven years, but each has consistently placed among the top 10.

However Atlanta  is gearing up to  give the top 3 Metros a lot to worry about with  the news of Mercedes-Benz USA relocating their headquarters to Atlanta from New Jersey in 2017  (come 2017, their $100 million headquarters will call The Big Peach home)

The automaker will be joining the ranks of 20 Fortune 500 companies currently headquartered in Georgia (and 33 Fortune 1000 companies). Philadelphia and Miami  Metros have been seeing increasing business deveopment since the last few years