Economy
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Economy
meodingu Sat Nov 06, 2010 9:06 am
Economy
Brickell Avenue is home to the largest concentration of international banks in the U.S.
The ongoing high-rise construction in Miami, has inspired popular opinion of "Miami manhattanization".
The Port of Miami is the world's largest cruise ship port, and is the headquarters of many of the world's largest cruise companies.
Villa Vizcaya, built in 1914, is a popular tourist attraction.
Miami is one of the most important financial centers in the United States. It is a major center of commerce, finance, and boasts a strong international business community. According to the ranking of world cities undertaken by the Globalization and World Cities Study Group & Network (GaWC) and based on the level of presence of global corporate service organizations, Miami is considered a "beta world city".[8]
Several large companies are headquartered in or around Miami, including but not limited to: Alienware, Arquitectonica, Arrow Air, Bacardi, Benihana, Brightstar Corporation, Burger King, Celebrity Cruises, Carnival Corporation, Carnival Cruise Lines, CompUSA, Crispin Porter + Bogusky, Espírito Santo Financial Group, Fizber.com, Greenberg Traurig, Inktel Direct, Interval International, Lennar, Norwegian Cruise Lines, Perry Ellis International, RCTV International, Royal Caribbean Cruise Lines, Ryder Systems, Seabourn Cruise Line, Telefónica USA, TeleFutura, Telemundo, Univision, U.S. Century Bank, and World Fuel Services. Because of its proximity to Latin America, Miami serves as the headquarters of Latin American operations for more than 1400 multinational corporations, including AIG, American Airlines, Cisco, Disney, Exxon, FedEx, Kraft Foods, Microsoft, Yahoo, Oracle, SBC Communications, Sony, Visa International, and Wal-Mart.[23]
Since 2001, Miami has been undergoing a large building boom with more than 50 skyscrapers rising over 400 feet (122 m) built or currently under construction in the city. Miami's skyline is ranked third most impressive in the U.S., behind New York City and Chicago, and 19th in the world according to the Almanac of Architecture and Design.[24] The city currently has the eight tallest (as well as thirteen of the fourteen tallest) skyscrapers in the state of Florida, with the tallest being the 789-foot (240 m) Four Seasons Hotel & Tower.[25]
Miami International Airport and the Port of Miami are among the nation's busiest ports of entry, especially for cargo from South America and the Caribbean. Additionally, Downtown has the largest concentration of international banks in the country located mostly in Brickell, Miami's financial district. Miami was also the host city of the 2003 Free Trade Area of the Americas negotiations, and is one of the leading candidates to become the trading bloc's headquarters. Tourism is also an important industry in Miami. The beaches, conventions, festivals and events draw over 12 million visitors annually from across the country and around the world, spending $17.1 billion.[26] The historical Art Deco district in South Beach, is widely regarded as one of the most glamorous in the world for its world-famous nightclubs, beaches, historical buildings, and shopping. However, it is important to note that Miami Beach is a separate city from the City of Miami.
Miami is the home to the National Hurricane Center and the headquarters of the United States Southern Command, responsible for military operations in Central and South America. In addition to these roles, Miami is also an industrial center, especially for stone quarrying and warehousing.
According to the U.S. Census Bureau, in 2004, Miami had the third highest incidence of family incomes below the federal poverty line in the United States, making it the third poorest city in the USA, behind only Detroit, Michigan (ranked #1) and El Paso, Texas (ranked #2.) Miami is also one of the very few cities where its local government went bankrupt, in 2001.[27] However, since that time, Miami has experienced a revival: in 2008, Miami was ranked as "America's Cleanest City" according to Forbes Magazine for its year-round good air quality, vast green spaces, clean drinking water, clean streets and city-wide recycling programs.[11] In a 2009, UBS study of 73 world cities, Miami was ranked as the richest city in the United States (of four U. S. cities included in the survey) and the world's fifth-richest city, in terms of purchasing power.[12]
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Brickell Avenue is home to the largest concentration of international banks in the U.S.
The ongoing high-rise construction in Miami, has inspired popular opinion of "Miami manhattanization".
The Port of Miami is the world's largest cruise ship port, and is the headquarters of many of the world's largest cruise companies.
Villa Vizcaya, built in 1914, is a popular tourist attraction.
Miami is one of the most important financial centers in the United States. It is a major center of commerce, finance, and boasts a strong international business community. According to the ranking of world cities undertaken by the Globalization and World Cities Study Group & Network (GaWC) and based on the level of presence of global corporate service organizations, Miami is considered a "beta world city".[8]
Several large companies are headquartered in or around Miami, including but not limited to: Alienware, Arquitectonica, Arrow Air, Bacardi, Benihana, Brightstar Corporation, Burger King, Celebrity Cruises, Carnival Corporation, Carnival Cruise Lines, CompUSA, Crispin Porter + Bogusky, Espírito Santo Financial Group, Fizber.com, Greenberg Traurig, Inktel Direct, Interval International, Lennar, Norwegian Cruise Lines, Perry Ellis International, RCTV International, Royal Caribbean Cruise Lines, Ryder Systems, Seabourn Cruise Line, Telefónica USA, TeleFutura, Telemundo, Univision, U.S. Century Bank, and World Fuel Services. Because of its proximity to Latin America, Miami serves as the headquarters of Latin American operations for more than 1400 multinational corporations, including AIG, American Airlines, Cisco, Disney, Exxon, FedEx, Kraft Foods, Microsoft, Yahoo, Oracle, SBC Communications, Sony, Visa International, and Wal-Mart.[23]
Since 2001, Miami has been undergoing a large building boom with more than 50 skyscrapers rising over 400 feet (122 m) built or currently under construction in the city. Miami's skyline is ranked third most impressive in the U.S., behind New York City and Chicago, and 19th in the world according to the Almanac of Architecture and Design.[24] The city currently has the eight tallest (as well as thirteen of the fourteen tallest) skyscrapers in the state of Florida, with the tallest being the 789-foot (240 m) Four Seasons Hotel & Tower.[25]
Miami International Airport and the Port of Miami are among the nation's busiest ports of entry, especially for cargo from South America and the Caribbean. Additionally, Downtown has the largest concentration of international banks in the country located mostly in Brickell, Miami's financial district. Miami was also the host city of the 2003 Free Trade Area of the Americas negotiations, and is one of the leading candidates to become the trading bloc's headquarters. Tourism is also an important industry in Miami. The beaches, conventions, festivals and events draw over 12 million visitors annually from across the country and around the world, spending $17.1 billion.[26] The historical Art Deco district in South Beach, is widely regarded as one of the most glamorous in the world for its world-famous nightclubs, beaches, historical buildings, and shopping. However, it is important to note that Miami Beach is a separate city from the City of Miami.
Miami is the home to the National Hurricane Center and the headquarters of the United States Southern Command, responsible for military operations in Central and South America. In addition to these roles, Miami is also an industrial center, especially for stone quarrying and warehousing.
According to the U.S. Census Bureau, in 2004, Miami had the third highest incidence of family incomes below the federal poverty line in the United States, making it the third poorest city in the USA, behind only Detroit, Michigan (ranked #1) and El Paso, Texas (ranked #2.) Miami is also one of the very few cities where its local government went bankrupt, in 2001.[27] However, since that time, Miami has experienced a revival: in 2008, Miami was ranked as "America's Cleanest City" according to Forbes Magazine for its year-round good air quality, vast green spaces, clean drinking water, clean streets and city-wide recycling programs.[11] In a 2009, UBS study of 73 world cities, Miami was ranked as the richest city in the United States (of four U. S. cities included in the survey) and the world's fifth-richest city, in terms of purchasing power.[12]
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meodingu- Member
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