The St. Pete metro area was ranked the #1 medium-sized region in Florida in Area Development’s annual “Leading Metro Locations” list, which examines cities and regions across the United States to see who’s rising to the top. St. Petersburg-Clearwater-Largo is the #3 mid-sized region overall in the country. Among regions of all sizes, this region was ranked the #6 leading metro in Florida and #17 overall.
Prime workforce availability
St. Pete scored particularly well in workforce, ranking #10 in the U.S. and #6 in Florida for prime workforce availability. In addition, the Sunshine City’s area’s economic strength was ranked #2 among mid-sized Florida metros.
Methodology
Area Development ranked 410 Metropolitan Statistical Areas and metropolitan divisions across 24 economic and workforce indicators pulled from eight data sets — each set containing a five-year change, a three-year change, and a one-year change indicator — originating from the U.S. Bureau of Labor Statistics, U.S. Census, and JobsEQ® by Chmura Economics & Analytics.
The indicators included:
- Workforce readiness
- Wage and salary growth
- Core economic conditions
- Job growth
For more, see “2024’s Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling” at AreaDevelopment.com.
