According to reports by Headlight Data and Forbes, Grand Rapids is one of the fastest growing economies in the nation. Recently, the Bureau of Economic Analysis analyzed metros across the country to determine which ones had the fastest growing Gross Regional Product (GRP) between 2011 and 2016. The city of Grand Rapids came out in the top 10, ranking No. 7 overall.
Grand Rapids was also recognized as one of three cities with the highest growth rate in those 5 years. Headlight Data's report states that Las Vegas grew 30 points, Grand Rapids 29, and San Francisco 28. This growth rate increase is high compared to the overall U.S. change, which is an increase of 9.5 points.
Ranking No. 7, Grand Rapids placed ahead of Raleigh, N.C. (8), Seattle (9), and Denver (10). To view the full rankings, as well as most improved large metros, see the images below.