These statistics are partially thanks to the sheer size of the New York metro area. When factoring in productivity however, which is measured by the amount of goods and services a worker produces and is a fundamental contributor to economic health, New York does not rank quite as high. With many more employees per middle market firm, yet only slightly higher average revenue per firm, New York ranks 16 th for revenue generated per employee.Several other metro areas have healthy economies and rank highly for productivity. The greater Houston area's middle market firms generate the highest average revenue per employee - $215,107, which is nearly $40,000 higher than the U.S. average ($176,000) and nearly $100,000 higher than Orlando-Kissimmee-Sanford ($119,701) - which ranked the lowest for productivity. The top five ranking metropolitan areas for productivity are: 1. Houston-The Woodlands-Sugar Land, TX ($215,107 average revenue per employee) 2. Los Angeles-Long Beach-Anaheim, CA ($203,734 average revenue per employee) 3. Miami-Fort Lauderdale-West Palm Beach, FL ($198,902 average revenue per employee) 4. Riverside-San Bernadino-Ontario, CA ($197,312 average revenue per employee) 5. Philadelphia-Camden-Wilmington, PA, NJ, DE ($187,616 average revenue per employee) Alternatively, the five lowest ranking metropolitan areas for productivity are: 1. Orlando-Kissimmee-Sanford, FL ($119,701 average revenue per employee) 2. San Antonio-New Braunfels, TX ($122,912 average revenue per employee) 3. Detroit-Warren-Dearborn, MI ($137,454 average revenue per employee) 4. Tampa-St. Petersburg-Clearwater, FL ($150,190 average revenue per employee) 5. Baltimore-Columbia-Townson, MD ($150,787 average revenue per employee) A full analysis of average revenue per employee, average revenue per firm, and average number of employees per firm can be found in the full report. Where Middle Market Firms Shine Brightest In addition to productivity, the report also ranks middle market dominance (a combined ranking of a city's individual rankings for share of middle market firms, total employment, and total revenue), economic clout (a ranking based on the combined growth rate from 2009 to 2017 in terms of the number of firms and growth in employment and revenues), employment vitality (analysis of a metro area's employment growth rate from 2009 to 2017 and the average number of employees), and diversity among minority-owned and women-owned firms (a ranking of the share and growth of these businesses).
While most large cities and their surrounding areas have diverse talent pools, university hubs, and the capacity to attract people from other states and countries, smaller metro areas also have a crucial characteristic that is generally not shared by their larger counterparts — affordability. This plays a role in these cities' high rankings for metrics such as middle market dominance, economic clout, employment vitality, and minority-owned/women-owned businesses.Some notable findings among these metrics includes:
- Dallas - ranks high for four of the five categories: economic clout (2 nd), employment vitality (4 th), and diversity difference -- both minority (3 rd) and women-owned businesses (3 rd). It ranks low for middle market dominance (17 th).
- Detroit - ranks high for three of the categories: middle market dominance (1 st), economic clout (3 rd), and employment vitality (3 rd). It has a split ranking for diversity difference -- having a low share of minority-owned businesses (20 th), and a somewhat low share of women-owned businesses (11 th).
- Denver - ranks high for economic clout (5 th), somewhat high for employment vitality (6 th), share of minority (9 th)- and women-owned businesses (6 th), and somewhat low for middle market dominance (12 th).
To read the full Middle Market Power Index, please visit http://about.americanexpress.com/news/docs/mmpi-growth-smart.pdf.Study Methodology This report is based on an analysis of all of the U.S. firms in Dun & Bradstreet's (D&B) commercial databases between March 2011 and March 2017. The first database is a virtual census of all of the commercially active businesses in the United States (defined as firms that have obtained a D-U-N-S® Number and that sell and receive goods and services and use credit transactions in their business).The second is D&B's credit scoring archive database, which collects and models commercial activity and business financial strength. All subsidiary and business establishment data are combined; only enterprise-level data (top of the business family tree, or Ultimate D-U-N-S Number firms) are reported. Additionally, public sector entities are excluded. About American Express Global Commercial Payments Through its Global Commercial Payments division, American Express offers a suite of payment and lending products that help businesses and organizations of all sizes gain financial savings, control and efficiency. Global Commercial Payments provides solutions for travel and everyday business spending, cross border payments, global currency solutions, and business financing. To learn more about Global Commercial Payments visit business.americanexpress.com. About American Express American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress. Key links to products, services and corporate responsibility information: charge and credit cards, business credit cards, Plenti rewards program, travel services, gift cards, prepaid cards, merchant services, Accertify, corporate card, business travel, and corporate responsibility. About Dun & Bradstreet Dun & Bradstreet (NYSE: DNB) grows the most valuable relationships in business. By uncovering truth and meaning from data, we connect our customers with the prospects, suppliers, clients and partners that matter most, and have since 1841. Nearly ninety percent of the Fortune 500, and companies of every size around the world, rely on our data, insights and analytics. For more about Dun & Bradstreet, visit DNB.com. Twitter: @DnBUS