‘Growth frontiers:’ Youngstown’s one of 7 Ohio cities good for investment
Seven Ohio cities, including Youngstown, made a list of 250 cities in the U.S. that financial investors pegged as “frontiers for growth.”
What does ‘frontier for growth’ mean?
It’s a hypothetical idea posed by The Stock Dork:
Imagine cities were able to be bought and sold like stocks and could become more and more profitable for whoever owned it.
Cities have streams of revenue and the potential to increase with more population. A city’s ‘market value’ can fluctuate over time.
They want to determine which U.S. cities have the best potential for investors. Which cities have the potential to make a profit and grow?
Three thousand investors answered the survey from The Stock Dork asking this question:
If cities were publicly traded on stock exchanges, which would you most want to invest in?
Youngstown has ‘opportunities for economic growth and innovation’
In their responses, the financial investors chose Jacksonville and Fort Lauderdale in Florida as the top two cities they’d put money into, followed by Boston at number three.
Youngstown was one of the seven investment-worthy Ohio cities, listed as number 149 out of all 250 cities. Here’s what The Stock Dork said about the city:
“Youngstown benefits from its access to transportation routes such as Interstate 80 and the Youngstown-Warren Regional Airport, and its location within the Rust Belt region.
Youngstown is developing strengths in sectors such as healthcare, education, technology, and renewable energy. The city is home to medical centers, educational institutions like Youngstown State University, technology startups and research initiatives, providing opportunities for economic growth and innovation.”
The capital city took tenth on the list.
Other Ohio cities on the list with Columbus and Youngstown include Akron, Toledo, Dayton, Cincinnati and Cleveland.
