Nashville named among fastest growing cities
In a recent independent study, Nashville-Davidson County was listed seventh out of 361 U.S. metropolitan statistical areas in terms of economic strength.
Conducted by POLICOM Corporation, an economic research firm specializing in analyzing the growth and decline of local and state economies, the study looked at positive data such as worker earnings, growth in the retail sector, overall standard of living, small business growth and new construction, as well as negative factors such as growth in welfare and Medicaid assistance.
The top six growing MSAs in the POLICOM ranking were Charlotte, N.C.; Atlanta; Washington, D.C.; Denver; San Diego; and Birmingham, Ala. Other Tennessee cities on the list included Memphis (No. 23), Knoxville (No. 71), Chattanooga (No. 145), Jackson (No. 159), Clarksville (No. 209), Kingsport-Bristol (No. 249), Johnson City (No. 260) and Cleveland (No. 283).
Janet Miller, senior vice president of economic development for the Nashville Area Chamber of Commerce, credited the region