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St. Petersburg’s Economic Surge
Description
St. Petersburg just shattered its own record with $1.44 billion in construction value this year, fueled by hurricane recovery and steady economic growth. The city’s population hit 266,000, and the metro area is cheaper to live in than the national average. Jobs are up 10% in a decade, unemployment at 3.6%—below the national average—and median income jumped nearly 60%. Leaders are focused on inclusive growth, investing billions in long-term infrastructure like water systems while ensuring neighborhoods stay connected and responsive.
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