Annual Reports

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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.

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.

The high number of company visits underscores Memphis’s reputation as a sought-after destination for business engagement and collaboration. These visits indicate an active ecosystem where companies seek opportunities for partnerships, networking, and exploring the city’s business landscape. Each visit potentially leads to new ventures, collaborations, and innovations, fostering a thriving business environment.

Symbolic of new beginnings and expansions, the cutting of 86 ribbons represents the tangible growth and progress experienced by Memphis. Each ribbon cutting ceremony marks the inauguration of new businesses, facilities, or expansions, signifying confidence in the city’s economic prospects. These openings not only create excitement but also contribute to the city’s economic vitality by diversifying industries and services.

Read more in our 2022 Annual Report

Past Annual Reports