Metro Jacksonville ranked 58th in the small-business vitality standings of 100 major metropolitan areas, as rated by The Business Journals, the online arm of the Jacksonville Business Journal’s parent company, American City Business Journals Inc.
That’s a sharp downturn from a year ago, when Jacksonville was 13th, and from 2009, when the city ranked 25th. (Click here to see the full national standings.)
Metro Jacksonville had 34,497 small businesses as of 2008, representing 26 small businesses per 1,000 residents. Between 2005 and 2010, private-sector employment in the area dropped 6.43 percent, and the area population grew 8.62 percent between 2004 and 2009.