Kauffman Index: Growth Entrepreneurship Metropolitan Area and City Trends

Abstract

The reports present trends in Growth Entrepreneurship in each state and the 40 largest metro areas relying on three composite indicators to look at business revenue and job growth: Rate of Startup Growth, Share of Scaleups and High-Growth Company Density.

Growth entrepreneurship data for the 40 largest U.S. metropolitan areas was benchmarked against the national average. Cities with the most growth entrepreneurship activity spread widely around the United States, with entrepreneurship growing in certain pockets of virtually every region: the Midwest, the South and the East and West Coasts.

Most of the metros considered "usual suspects" for growth, including Austin, Boston, San Diego, San Francisco and San Jose, performed very well. But top performers also included Washington, D.C.; Nashville, Tennessee; Columbus, Ohio; and other metros not typically noted for entrepreneurship.

The top five ranked metros were Washington, D.C.; Austin, Texas; San Jose, California; Columbus, Ohio; and Nashville, Tennessee.

Keywords: kauffman index, job growth, startup, entrepreneurship, metro, city, regional, entrepreneurial, revenue, metropolitan, msa