The Top 12 American Boomtowns

By Bloomberg Rankings and Nikhil Hutheesing - 2013-04-24T14:48:01Z

Photograph by Andy Sacks/Getty Images

Company Symbol % Change
9 of 15

Nashville-Davidson-Murfreesboro-Franklin, Tennessee

2007 Population: 1,521,437
2011 Population: 1,617,142
Percent Change: 6.29
GDP Compound Annual Growth: 1.37%

Nashvillians are thrilled about the billboards across the country that scream out, “Nashville.” It doesn’t matter that the billboards are ads for the ABC television show, says Mary Beth Ikard of the Nashville Metropolitan Planning Organization. The publicity will do the area good. Nashville is known for its music industry -- country, pop, gospel and rock -- which has pumped billions of dollars into the local economy. Nissan Motor Co.’s headquarters are here. The health-care industry is also a big employer, as are publishers including Thomas Nelson Inc., a major Bible printer. Unemployment is relatively low at 6.4 percent. In 2012 the population was 1.7 million people.