Blog

Orlando Ranked No. 2 Fastest Growing Metro by Forbes

Posted by Amanda Roche on Mar 15, 2017 10:12:55 AM

Forbes recently ranked Orlando as the second fastest growing metropolitan area in country, based on the growth of population, employment, wages, economic output, and home price growth. Orlando’s job growth for 2016 came in at No. 1, while its projected job, gross metro product (GMP) and wage growth for 2017 both ranked No. 2 out of all 382 U.S. metropolitan areas.

According to Forbes, Orlando is one of the top 25 metropolitan areas across the country experiencing the biggest economic surges. Forbes’ list also considers project growth rates, indicating a bright economic future of these metropolitan areas.

Forbes highlighted these statistical indicators for Orlando’s No. 2 ranking:

  • Population Growth 2016: 2.95% (No. 2)
  • Projected Pop. Growth 2017: 3.14% (No. 2)
  • Job Growth 2016: 4.57% (No. 1)
  • Projected Job Growth 2017: 3.54% (No. 2)
  • GMP Growth 2016: 3.86% (No. 6)
  • Projected GMP Growth 2017: 6.31% (No. 2)
  • Wage Growth 2016: 6.08% (No. 12)
  • Projected Wage Growth 2017: 8.22% (No. 2)
  • Home Price Growth 2016: 9.52% (No. 12)
  • Projected Home Price Growth 2017: 8.64% (No. 2)

Read the full list here.

Topics: Rankings

News & Media Resources

The PR team at the Orlando Economic Partnership is your source for business news in Orlando, providing you with story ideas about trends, people and companies; statistical information and background; offering expert sources; and connecting you with community leaders.

Media Contact: Laureen Martinez

Senior Director, Marketing & Communications
P/ 407.422.7159 x204
C/ 407.242.3982
Laureen.Martinez@Orlando.org

Subscribe for Email Updates

Recent Posts

Posts by Topic

see all