New Economic Hubs Emerge in the South and Southwest
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Cities like Houston, Dallas, Nashville, and Miami are becoming driving forces of economic development in the US.
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Economic power is shifting from cities like New York and San Francisco according to a report.
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Houston, Dallas, Nashville, and Miami are becoming economic hubs due to factors like taxes, cost of living, ability to build, and quality of governance.
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Dallas has become inexpensive for energy, massive entrepreneurship, and permissive regulations.
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Miami is serving as headquarters for companies pursuing business in Latin America.
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Nashville has become a healthcare business hub with nearly 500 related companies.