2015’s Fastest growing markets for small-medium businesses


o Source: loveoursmallbusiness.com

Fascinating data from PayPal which ranks small and medium business (SMB) growth by the year-over-year growth in total payment volume (TPV). All regions of the country are represented in the data, but what truly stands out are the number of cities from the Midwest and Great Plains. Of the Top 20, nine are from one of these two regions. It is also interesting to note that Indianapolis market is the only place listed that has a metropolitan population over one million. Here are the Top 20 markets in the United States for small-medium business growth for 2015:

  1. Fargo-Valley City, North Dakota
  2. Lafayette-West Lafayette, Indiana
  3. Odessa-Midland, Texas
  4. Traverse City-Cadillac, Michigan
  5. Jackson, Mississippi
  6. Watertown, New York
  7. Beaumont-Port Arthur, Texas
  8. Casper-Riverton, Wyoming
  9. Charlottesville, Virginia
  10. North Platte, Nebraska
  11. Lafayette, Louisiana
  12. Sioux Falls-Mitchell, South Dakota
  13. Juneau, Alaska
  14. Bowling Green, Kentucky
  15. Quad Cities, Iowa-Illinois
  16. Indianapolis, Indiana
  17. Beckley-Bluefield-Oak Hill, West Virginia
  18. Jonesboro, Arkansas
  19. Rapid City, South Dakota
  20. Eugene, Oregon

Sources: https://www.paypal.com/stories/us/the-great-ecommerce-boom-comes-to-the-midwest via http://www.traverseticker.com/

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