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  1. Business

Report: Tampa, St. Pete rank in middle of major city economic recoveries

St. Petersburg ranked No. 73 out of 150 major U.S. cities for its economic recovery. [JOHN PENDYGRAFT | Times] 

A new report from WalletHub finds Tampa and St. Petersburg sitting squarely in the middle of a ranking of economic recovery of 150 major U.S. cities.

Overall, Tampa ranked 85th and St. Petersburg came in a bit better at 73rd in the ranking of "2015's Most and Least Recession-Recovered Cities." WalletHub compared the 150 largest U.S. cities across 17 key economic indicators ranging from the inflow of college-educated workers and the number of new businesses to home-price appreciation.

Tampa's ranking was based in part on the city's No. 73 standing in "employment and earning opportunities" and the lower No. 103 ranking in "economic environment." St. Petersburg ranked No. 72 and No. 83 in the same two categories. St. Petersburg also stood out by ranking fourth among the 150 cities for the greatest decrease in its violent crime rate. Orlando ranked first.

Among larger Florida cities, Miami led the way at No. 25, Orlando was 69th and Jacksonville lagged well behind overall at No. 130.

Lubbock, Texas, and Denver ranked No. 1 and 2 overall. Tucson, Ariz., ranked No. 149, and San Bernardino, Calif., ranked last.

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