2016’s Fastest Growing Cities
From WalletHub, October 6, 2016
Experts might not agree on the “best” or the “right” recipe for rapid economic growth, but some cities have figured out the key ingredients and how to stir the pot just right to sustain long-term prosperity. Patterns emerge within those cities, allowing us to identify the contributing factors that perpetuate a lasting cycle of growth.
But the quick path toward success is not as cut and dried for every city. In order to identify the fastest growing local economies, WalletHub’s analysts compared 515 U.S. cities of varying population sizes based on 14 key indicators of rapid economic growth. Their data set — from a period spanning 2009 to 2015 — ranges from “population growth” to “unemployment rate decrease” and “growth in regional GDP per capita.” Continue reading below for the findings, additional expert insight and a full description of WalletHub’s methodology.
Honolulu Ranks 467th of 515 overall and 55th of 64 Large Cities with an overall growth score of 35.26
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