Business Services Industry
HOT cities
Entrepreneur, Oct, 1999 by Mark Henricks
2. Tacoma, WA
3. Louisville, KY/IN
4. Charleston/North Charleston, SC
5. Pensacola, FL
TOP 20 LARGE CITIES
1. West Palm Beach/Boca Raton, FL
2. Salt Lake City/Ogden, UT
3. Raleigh/Durham/Chapel Hill, NC
4. Atlanta, GA
5. Orlando, FL
6. Las Vegas, NV/AZ
7. Phoenix/Mesa, AZ
8. Norfolk/Virginia Beach/Newport News, VA/NC
9. Middlesex/Somerset/Hunterdon, NJ
10. Washington, DC/MD/VA/WV
11. Indianapolis, IN
12. Jacksonville, FL
13. Dallas, TX
14. Houston, TX
15. Fort Lauderdale, FL
16. Cincinnati, OH/KY/IN
17. San Jose, CA
18. Charlotte/Gastonia/Rock Hill, NC/SC
19. Austin/San Marcos, TX
20. Seattle/Bellevue/Everett, WA
Top 5 SOUTHEAST
1. West Palm Beach/Boca Raton, FL (1(*))
2. Raleigh/Durham/Chapel Hill, NC (3)
3. Atlanta, GA (4)
5. Norfolk/Virginia Beach/Newport News, VA/NC (8)
* overall ranking
TOP 5 CENTRAL
1. Indianapolis, IN (11(*))
2. Dallas, TX (13)
3. Houston, TX (14)
4. Cincinnati, OH/KY/IN (16)
5. Austin/San Marcos, TX (19)
* overall ranking
BEST BETS
ENTREPRENEURIAL ACTIVITY
1. Las Vegas, NV/AZ (16(*))
2. Orlando, FL (5)
2. Salt Lake City/Ogden, UT (2)
4. Monmouth/Ocean, NJ (31)
5. Austin/San Marcos, TX (19)
* overall ranking
BEST BETS
LOWEST FAILURE RATES
1. Cincinnati, OH/KY/IN (16(*))
2. Indianapolis, IN (11)
2. New Orleans, LA (41)
4. West Palm Beach/Boca Raton, FL (1)
5. Greensboro/Winston-Salem/High Point, NC (38)
* overall ranking
TOP 5 NORTHEAST
1. Middlesex/Somerset/Hunterdon, NJ (99(*))
2. New York, NY (23)
3. Boston, MA/NH (28)
4. Monmouth/Ocean, NJ (31)
5. Bergen/Passaic, NJ (33)
* overall ranking
TOP 4 MOUNTAIN
1. Salt Lake City/Ogden, UT (2(*))
2. Las Vegas, NV/AZ (6)
3. Phoenix/Mesa, AZ (7)
4. Denver, CO (21)
* overall ranking
TOP 5 WEST
1. San Jose, CA (17(*))
2. Seattle/Bellevue/Everett, WA (20)
3. Orange County, CA (22)
4. Portland/Vancouver, OR/WA (26)
5. San Diego, CA (30)
* overall ranking
BEST BETS
ECONOMIC GROWTH
1. Las Vegas, NV/AZ (6(*))
1. New York, NY (23)
3. Phoenix/Mesa, AZ (7)
4. Orlando, FL (5)
5. West Palm Beach/Boca Raton, FL (1)
* overall ranking
BEST BETS
SMALL BUSINESS GROWTH
1. Charlotte/Gastonia/Rock Hill, NC/SC (18(*))
2. Las Vegas, NV/AZ (6)
3. Salt Lake City/Ogden, UT (2)
4. Washington, DC/MD/VA/WV (10)
5. Dallas, TX (13)
* overall ranking
NO. 1: WEST PALM BEACH/BOCA RATON, FLORIDA
Innovation. Plenty of disposable income. A diversified economy. A skilled work force. And a quality of life that makes you say "Ahhhh . . ."
That's the simplest way to sum up the No. 1 city on Dun & Bradstreet and Entrepreneur's 1999 list of hot spots for small businesses. But that doesn't begin to explain why the West Palm Beach/Boca Raton area - affectionately known as the "Treasure Coast" - continues Florida's tradition of populating our list.
Thirty years ago, as was the case with most other areas of Florida, tourism and agribusiness dominated the Palm Beach County economy. But that changed with the birth of the personal computer, created by then-local IBM in Boca Raton. Although long gone from the area, Big Blue's legacy includes highly skilled workers and a technological infrastructure that's helped the county develop a high-tech hub on Blue Lake - prompting the moniker-in-the-making Silicon Beach.
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