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News Release | Grand Rapids MSA receives two top rankings for job growth and economic potential

Michigan Business Network
July 31, 2019 11:00 AM

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Reuters names Grand Rapids a ‘superstar’ city and Business Facilities ranks Grand Rapids the No. 1 midsized city for economic growth potential

GRAND RAPIDS, MICH (July 30, 2019): The Grand Rapids MSA has recently landed at the top of two rankings for job growth and economic potential. Reuters named Grand Rapids one of the top cities in the nation for job growth and Business Facilities ranked Grand Rapids the No. 1 midsized city for economic growth potential.

Grand Rapids named ‘superstar’ city by Reuters

International news organization, Reuters, recently published an analysis of seven-year job growth in metropolitan statistical areas (MSAs) throughout the United States. This analysis found that 40% of the new jobs generated during that time went to 20 top ‘superstar’ cities. These high performing cities represent about a quarter of the population and are experiencing out-sized job growth. 

The Grand Rapids area is one of only two cities in the Midwest on the list. The rest of the top 20 cities are clustered around fast growing regions in the south and coastal areas, such as Atlanta, Austin, San Francisco and Seattle. The full report can be found here.

Grand Rapids ranked #1 midsize city for economic growth potential by Business Facilities

In its 15th annual ranking, Business Facilities' 2019 Metro Rankings Report named Grand Rapids the No.1 midsized city in the country for economic growth potential. The magazine highlighted the region for its diverse economic strengths in automotive, food processing, office furniture, metals, plastics, biopharmaceuticals, medical devices and production technology.

Grand Rapids out-ranked several other notable cities, including Madison, Wisconsin and Birmingham, Alabama The full ranking can be foundhere.

“The Grand Rapids region has experienced tremendous economic growth over the past several years,” said Birgit Klohs, President and CEO, The Right Place, Inc. “These rankings recognize our region as a national leader, and further solidify our area as a destination for business success. There is no better time than now to be doing business and living in West Michigan.”

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About The Right Place, Inc.

The Right Place, Inc., is a regional nonprofit economic development organization founded in 1985 and supported through investments from the private and public sector. Its mission is to promote economic growth in the areas of quality employment, productivity and technology in West Michigan by developing jobs through leading business retention, expansion and attraction efforts. For more information, visit: www.rightplace.org.

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Michigan Business Network is an online broadcasting company that provides knowledge, news, and insights into Michigan’s businesses, industries, and economy.