A foreign direct investment (FDI) magazine is ranking the City of Fort Lauderdale among the “Top 10 Small American Cities of the Future.” fDi Magazine ranked Fort Lauderdale as seventh best for economic potential in the bi-annual rankings report for 2013/14.
According to the magazine, data for 422 cities in the western hemisphere was reviewed for the ranking. Data was collected for six categories including economic potential, human resources, cost effectiveness, infrastructure, business friendliness and FDI strategy.
“This new ranking by fDi Magazine serves as an international recognition that the City of Fort Lauderdale is continuing to move forward on the right track,” said Mayor Jack Seiler. “The City’s sound fiscal management, progressive economic development initiatives, and long-term infrastructure investment strategies have created a high level of optimism that is triggering billions of dollars in private and public investment.”
Seiler said the announcement further strengthens Fort Lauderdale’s leadership position in the region. “Business and infrastructure investments are fueling economic resurgence in all sectors of our economy and inspiring tremendous confidence,” Seiler said.
fDi Magazine listed the following ranking:
1. Sunnyvale, California
2. Durham, North Carolina
3. Irvine, California
4. Chattanooga, Tennessee
5. Stamford, Connecticut
6. Guelph, Ontario
7. Fort Lauderdale, Florida
8. Cary, North Carolina
9. Ann Arbor, Michigan
10. Fremont, California