Charlotte is Ranked #1

Charlotte Ranked #1

Time Magazine and Yelp released a study that examined best cities in the U.S. for economic opportunity.  Where small businesses have the best chance for success.

This study used Yelp’s data stores to rank the 50 largest cities in America by “economic opportunity”.  Which is defined by Yelp as “the chance businesses have to stay open, and for new businesses to thrive.”  They reviewed numerous data points: comparing ratings, page visits, search frequency, number of times business has been mapped, etc.

According to Time Magazine, Charlotte, NC is the highest growth rate in restaurant and also the wider food industry–grocery stores, bakeries, etc.–as well as home services.  Many experts state that crowd-sourced data, like Yelp, are more accurate reflections of economic health than governmental data.  To read more and see exact rankings in different areas, click HERE.