Welcome to The Memphis Economy.
The Memphis Economy is a partnership between the Economic Development Growth Engine for Memphis and Shelby County, EDGE, and the Sparks Bureau of Business and Economic Research at the University of Memphis.
The goal of this site is to provide curated data that describes the Memphis and Shelby County MSA’s economic condition and provide comparisons to peer metros throughout the country. The information collected can be used as an economic barometer and measurement tool for local elected officials, community leaders, economic development professionals, community-based organizations, and the general public.
Memphis MSA Key Economic Indicators
Economic Outlook 2017 –
Memphis and the Nation
John Gnuschke, Ph.D. Director
Sparks Bureau of Business & Economic Research
The University of Memphis
The Power of America—What Needs to Change?
Economic foundations Made America Great and will Keep America Great. Basic economic principles define how individual freedoms generate the best future for the nation. Granting too much importance to the government at any level while ignoring the power of the economy and the importance of consumers and businesses is just misplaced emphasis. While important, the government is still a small part of the overall economy. The outlook for 2017 and beyond should focus on building the economic strength of the nation. The economic actions of individuals and businesses will Keep America Great—just as has always been the case. More government interference in the economy is not what is needed in 2017. The nation will grow and prosper when we release the power of individuals and businesses to make decisions free of government interference.
Metro Memphis’s Economy Is Changing – Again. Are We Ready?
Reid Dulberger, President & CEO, EDGE
Chief Economic Development Officer for Memphis & Shelby County
Ben Franklin said it best: When you’re finished changing, you’re finished.”
Memphis has seen its share of change over the years. From a small trading outpost in the 18th century to the commercial hub of the Delta in the 19th and 20th, from small-scale producer of cotton and hardwood products for local consumption to supplier to the world, Memphis has evolved to its present role as “America’s Distribution Center.” Through it all, we have relied on our location and superior transportation assets to attract industries to drive our local economy. But like those earlier eras, change is coming. The question is: Are we ready?