Yelp names Charleston #1 for small business growth
Charleston has been ranked #1 for small business growth by Yelp’s 2018 Economic Outlook, a program that ranks U.S. metro areas by the pace of local-business population growth.
Yelp says Charleston is at the top of the list for local business growth because of construction and population.
The Yelp report also shows that Charleston’s fastest growing industries are in home services and food is number two.
“Entrepreneurs are investing in opening businesses throughout the southeast and southwest, buoyed by booming populations and economies,” Yelp data science editor Carl Bialik said. “The engine of local economies is local business, and a growing business population is a strong sign of economic health.”