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These are the 7 best large U.S. cities for starting a new business—New York and D.C. don't fare well - TL;DR CNBC

These are the 7 best large U.S. cities for starting a new business—New York and D.C. don't fare well

Publishing timestamp: 2023-04-28 13:30:42


Summary

Financial website WalletHub has ranked the best large US cities for starting a small business in 2023, with Orlando topping the list. The top four cities are all in Florida, due to low unemployment and relatively low corporate tax rates. However, the state has faced backlash from corporations over controversial legislation. Other cities like Durham and Boise offer alternatives. Washington, D.C. finished last due to long average work weeks and high office space costs. WalletHub graded cities across 19 metrics including cost of labor, office space affordability, corporate tax rates, loans and venture investments per capita, and availability of educated workers.


Sentiment: NEUTRAL

Tickers: DIS

Keywords: personnelunited statesorlandowalt disney coboisestart-upslabor economy

Source: https://www.cnbc.com/2023/04/28/best-large-us-cities-for-new-startups-orlando-durham-boise.html


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