New program tracks areas of ripe economic opportunity

Midday

Yelp is launching a Local Economic Outlook to track areas in the country that are ripe for economic opportunity.  Salt Lake City comes in at number 9.

That means there’s a good chance that businesses will stay open and that new businesses will thrive here.

Here are the top 10 cities for economic opportunity, according to Yelp.

  1. Charlotte, NC
  2. Jacksonville, FL
  3. Omaha, NE
  4. Orlando, FL
  5. Charleston, SC
  6. Las Vegas, NV
  7. Tampa, FL
  8. Dallas, TX
  9. Salt Lake City, UT
  10. Houston, TX

We talked with Roberta Reichgelt, Local Business & Entrepreneurship Manager and Annie Davis, Marketing & Research Manager with Salt Lake City.

They say there’s a lot going for Salt Lake right now, including a strong economy, lower cost of living, growing tech sector, quality of life and established and a growing art and entertainment scene.

Salt Lake City is the “Crossroads of the West”, and the city is strategically located.  It is a Delta Hub, and has direct national and international flights.  The city intersects with I-80 and I-15 and is a Union Pacific Rail intermodal hub. 

In addition to the Yelp survey, Salt Lake City was ranked on several other surveys as well:

  •  2017 – SLC #1 for Cities Poised to Become tomorrow’s tech meccas (Forbes)
  •  2017 – SLC ranks #1 city for Millennial Home Buyers (realtor.com)
  •  2017 – SLC #1 America’s Best Cities for Young Professionals – Forbes
  •  2017 – SLC #1 Economic Growth Potential – Business Facilities
  •  2017 – SLC #1 Emerging cyber security hubs – Business Facilities
  •  2017 – #1 Top 7 Cities competing with silicon valley for tech entrepreneurs
  •  2017 – SLC #6 for best job markets for new college grads (ZipRecruiter 2017)
  •  2017 – SLC #2 “Best Large Cities to Start a Business”  
  •  2017 – SLC #5 Employment leaders – Business Facilities.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.