Annual Reports
Learn About Our GREATER Impact
2024 Annual Report Highlights
3,800+ total new jobs created
This figure represents the dynamic employment landscape within Memphis. It showcases the city’s ability to attract and create new job opportunities, indicating a robust economy and a thriving job market. These jobs not only provide livelihoods but also contribute to the growth of the local workforce, fostering economic stability and community development.
$2.2 billion in total capital investment
This substantial capital investment signifies the confidence and belief that businesses and investors have in Memphis. It highlights the city’s appeal as a prime destination for significant financial ventures and development projects. Such a considerable financial infusion bolsters infrastructure, innovation, and business expansion, further solidifying Memphis’s position as a lucrative hub for investment and growth.
$102.9 billion regional GDP (as of 2023)
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4.3% unemployment rate
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1600+
Total Members
435
New Members
655
Young Professional Council Members
219
Chairman’s Circle Members
50+
New Chairman’s Circle Investors
16
Manufacturing Company Tours
Councils Update
Our Councils had an incredible year, like our Young Professionals Council reaching over 600 members, or our Women’s Business Council partnering with students from Soulsville, allowing them the opportunity to interview a panel of prominent business women at our Women in Business event. Our Small Business Council was just as successful. A sub-committee was formed to help deepen the engagement and elevate participation. We also hosted a certification event to provide small business owners with a one-stop opportunity to learn about various certification programs
In this year’s Annual Report, you’ll see how Memphis has emerged as the Digital Delta, attracting transformative projects like xAI’s planned expansion while advancing crucial infrastructure through the historic America’s River Crossing Project. These milestone achievements, alongside many others detailed in these pages, showcase how we’re strategically positioning Memphis for future growth while creating high-wage jobs and expanding opportunities for all Memphians. Our 186-year legacy of driving regional growth continues to evolve as we position Greater Memphis at the forefront of innovation and economic development.
Read more in our 2024 Annual Report
Learn more about our key accomplishments and awards including our work with bringing xAI to Memphis, securing funding for America’s River Crossing, winning Deal of the Year by Business Facilities Magazine, and more.