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Nashville economy

Is It True What they Say About the Nashville Economy? – Sure Is, Here is the Proof

  • Nashville is the second-hottest job market behind Austin, Texas (Wall Street Journal, Feb. 24, 2020)

  • Nashville has experienced 26% job growth in the last 10 years; the 2nd-fastest growing metro economy in the country (www.nashvillechamber.com/EconomicDevelopment/Resources/)

Nashville has seen major investments by tech companies generating outstanding job growth:

  • Oracle – Approved development, April 2021, $15B investment in new 60 acre headquarters with 8000 new jobs  (Tennesean.com; April 2021)

  • Amazon – Added an Executive Corporate headquarters and 5000 new jobs for Nashville (www.kiplinger.com/slideshow/business/T019-SO10)

  • LG Electronics – New 310 acre manufacturing plant with 750 new jobs

  • Nashville is headquarters for some heavy hitters – HCA Healthcare, Bridgestone Americas, Dollar General, Ryman Hospitality Properties (www.nashvillechamber.com/EconomicDevelopment/Resources/)

  • Top Employers include: Vanderbilt University Medical Center, HCA Healthcare, Trane, Nissan North America, Amazon, Asurion, Kroger Company, Fed Ex World Hub, General Motors in Spring Hill, Tennessee  (Data Axle: Tennessee State Profile – Largest Employers, April 2021)

  • The 2021 Milken Institute Best Performing Cities Index ranks the Nashville metro at the eighth best-performing city. The index tracks the economic performance of 400 U.S. metropolitan areas. This year’s rankings focused on jobs, wages, high-tech growth, housing affordability. (WKRN.com, “Nashville Claims the Top Ten Best Performing Cities in Prestigious Report.” February 2021)