Study Says Shreveport Is USA’s Slowest Growing City
The personal financial website, WalletHub, is at it again. The site, which traditionally hammers Louisiana in most things financial, educational, business, etc., is now hanging the tag of “Slowest Growing City in America” on the city where we live.
On a chart ranking the growth of cities across America, WalletHub says that Shreveport places dead last – 249th out of 249 mid-size municipalities – when considering categories like job and income growth and poverty rate decrease. In fact, Shreveport finished dead in the category of lowest poverty rate decrease and lowest job growth and fourth from the bottom nationwide in growth in regional GDP.
From the WalletHub site:
“To determine where the most rapid local economic growth occurred over a period of seven years, WalletHub’s analysts compared 515 U.S. cities across 15 key metrics. The data set ranges from population growth to college-educated population growth to unemployment rate decrease. In addition, we produced a separate ranking by city size.”
|Fastest-Growing Cities in America||Slowest-Growing Cities in America|
|1||Frisco, TX||506||Waterbury, CT|
|2||Kent, WA||507||Racine, WI|
|3||Lehigh Acres, FL||508||Fort Smith, AK|
|4||Meridian, ID||509||Davenport, IA|
|5||Midland, TX||510||Baton Rouge, LA|
|6||McKinney, TX||511||Montgomery, AL|
|7||Fort Myers, FL||512||Decatur, IL|
|8||Bend, OR||513||Fayetteville, NC|
|9||Austin, TX||514||Jacksonville, NC|
|10||Pleasanton, CA||515||Shreveport, LA|
Meanwhile, our Texas neighbors grabbed four of the top ten best growth spots, with Frisco, Midland, McKinney and Austin taking spots 1, 5, 6 and 9.