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Economic News

Greater Portland No. 5 in million-dollar business growth

August 07,2019 | By Melissa Wylie | LendingTree

Using Census data, LendingTree analysts compared the number of privately held employer-firms in the 50 largest metropolitan statistical areas with revenues of $1 million or more in 2016 with the number in 2014. The number of million-dollar businesses in Greater Portland had grown more than almost anywhere in the nation. The region saw an 11.5 percent jump in these businesses, putting Greater Portland at No. 5 in the nation for million-dollar business growth. This proves that Greater Portland is an excellent place to grow a business.

"Although Silicon Valley and other Bay Area cities in California are home to some of the largest companies, more unexpected metros had the most private businesses jump into the million-dollar range."

Read the full story here.


 

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