10 cities where revenues grow the fastest

Фото: Depositphotos

According to the US Bureau of Economic Analysis, money continues to flow into Silicon Valley.

According to analysts Penny hoarder in 2016, cities in Utah, Tennessee, Georgia, Maryland and even Indiana became richer. But Oklahoma, Texas and Florida have become poorer. Overall, in the United States, income for residents has increased by about 1,7%.

Analysts have built a rating based on the dynamics of per capita income from 2015 to 2016 of the year.

Cities where revenue growth was highest in 2016

1. San Francisco, California

Revenue growth: 4,2%

Income: $ 84 675

Thanks to Silicon Valley and the development of the IT sector in San Francisco, wages have increased by 25% compared to 2015 year. In 2016, earnings in the arts and entertainment sector grew by 11%.

2. San Jose, California

Revenue growth: 4,2%

Income: $ 87 643

Even though San Jose is adjacent to San Francisco, its income growth rate was a few decimal places lower at 4,2%.

In this region, it was difficult to find information about how income grew. It is known that revenues in construction increased by 18%, and production - 8%, while in the information processing sector revenues decreased by 29%.

3. Provo, Utah

Revenue growth: 4%

Income: $ 36 154

Provo is booming retail. It boosted 2016% revenue growth in 12. Excursion services grew by 101%, while telecommunications revenues grew by 45%.

4. Salt Lake City, Utah

Revenue growth: 3,5%

Income: $ 46,023

In Salt Lake City, revenues from arts and entertainment grew by 18%, and traditional industries such as construction, logistics and warehousing increased the city's income by 10%.

5. Stockton, California

Revenue growth: 3,5%

Income: $ 40 458

The arts and entertainment field in Stockton also increased 19% revenue in 2016. The increase in 10% was noticeable in the mining, oil and gas industries.

6. Nashville, Tennessee

Revenue growth: 3,4%

Income: $ 52 450

Revenue growth was provided by such industries as logistics and warehousing - 10%, as well as real estate and construction - 9%.

7. Ogden Utah

Revenue growth: 3,3%

Income: $ 39 381

In Ogden, a significant increase was also shown in the arts and entertainment sector - 14%.

8. Atlanta, Georgia

Revenue growth: 3,1%

Income: $ 47 348

The increase in per capita income was influenced by the growth of the film and music industry - by 68%. Telecommunications and information processing in 2016 increased by 18%.

9. Baltimore, MD

Revenue growth: 3,1%

Income: $ 57 189

In Baltimore, the rate of growth in per capita income was influenced by rental properties, which grew by 29%. The arts and entertainment sector grew by 10%.

10. Indianapolis Indiana

Revenue growth: 3,1%

Income: $ 49 681

In Indianapolis, farmers' income soared by more than 300%. Farming has led to an unexpected increase in income in Indiana.

Фото: Depositphotos

10 cities where revenue growth has declined

1.Tulsa, Oklahoma.

2. Houston, TX.

3. New Orleans, LA.

4. Oklahoma City, Oklahoma.

5.Mys Coral, Florida.

6. Bakersfield, California.

7. Denver, Colorado.

8. Sarasota, FL.

9.Baton Rouge, LA.

10.Wichita, KS.

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