|
|
Article: St. Petersburg: Economy
- Article from:
- Cities of the United States
CopyrightCOPYRIGHT 2006 Thomson Gale. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
St. Petersburg: Economy
Major Industries and Commercial Activity
St. Petersburg's economy has traditionally been fueled by tourism. More than 4 million visitors flock to the greater Suncoast area annually, generating more than $2 billion in direct revenue. But the city's economy is actually more broad-based. Major growth industries in the metropolitan area include financial services, manufacturing, medical technologies, information technology, and marine sciences.
St. Petersburg's economy is rooted in financial services. Not only does the city and extending area serve as base for many financial companies, these companies in turn stimulate growth in other industries by providing the ...