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Why Nashville is ranked among top U.S. metros with best business climate

HCA Healthcare July 09, 2024

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Source: The Tennessean
Author: Diana Leyva
Date: July 9, 2024

The Nashville Metropolitan Area has been named as a leading metro for business, technology and corporate headquarter location by Business Facilities, as part of its 20th annual rankings report. Business Facilities is a media brand which specializes in site selection marketplace through a bi-monthly magazine, email newsletters, a news portal, and a business recruitment event.

The report, released on June 27, is comprised of state, metro, and global rankings. According to Business Facilities, the report is focused on over 60 factors "pertinent to site selection teams for business relocation and expansion investments."

“The annual Metro Rankings Report recognizes the strengths of metros and cities across North America, and our evaluations take into account a broad range of site selection factors," said Business Facilities Editorial Director, Anne Cosgrove.

"As companies seek the ideal location for their relocation and expansion projects, the 2024 rankings will provide valuable insight for site selection teams."

Nashville was included among the top 10 large metros ranked best for business climate, a tech talent leader with a small labor pool (less than 50,000) and a top corporate headquarters location. According to the Nashville Area Chamber of Commerce, corporate headquarters in the Nashville area include Dollar General Corp., HCA Healthcare Inc., Mitsubishi Motors, Nissan North America, Tractor Supply and more.

Top 10 large metros for best business climate

  • Austin/Round Rock, Texas
  • Raleigh-Cary, N.C.
  • Boise City, Idaho
  • Salt Lake City, Utah
  • Nashville/Davidson/Murfreesboro/Franklin, Tenn.
  • Provo/Oren, Utah
  • Dallas/Plano/Irving, Texas
  • Fayetteville/Springdale/Rogers, Ark.
  • Lexington, Ky.
  • Charlotte/Concord/Gastonia, N.C - S.C.

Tech talent leaders with small labor pools (less than 50,000)

  • Orlando, Fla.
  • Sacramento, Calif.
  • Pittsburgh, Pa.
  • Cincinnati, Ohio
  • Nashville, Tenn.
  • Cleveland, Ohio
  • Indianapolis, Ind.
  • Milwaukee, Wis.
  • San Antonio, Texas
  • Virginia Beach, Va.
  • Richmond, Va.
  • Hartford, Conn.
  • Inland Empire, Calif.
  • Jacksonville, Fla.
  • Madison, Wis.

 Top corporate headquarters locations

  • Austin/Round Rock, Texas
  • San Jose/Sunnyvale/Santa Clara, Calif.
  • New York City/Jersey City, N.J./White Plains, N.Y.
  • Dallas/Fort Worth, Texas
  • Houston/The Woodlands/Sugar Land, Texas
  • Atlanta/Sandy Springs/Alpharetta, Ga.
  • Chicago/Naperville/Evanston, Ill.
  • Minneapolis/St. Paul/Bloomington, Minn.
  • Nashville/Davidson/Murfreesboro, Tenn.
  • Denver/Aurora/Lakewood, Colo.