Memphis, TN-MS-AR local economy

Memphis, TN-MS-AR ranks in the 62nd percentile of United States metros as of September 2026, with momentum falling over the past 12 months.

New business applications or registrations was 23,612 in January 2025, up 13.1% from January 2024. Dwelling units authorized by permit was 367 in July 2026.

Frequently asked questions

How does Memphis, TN-MS-AR rank among United States metros?

Memphis, TN-MS-AR ranks in the 62nd percentile of United States metros as of September 2026, with momentum falling over the past 12 months.

What is the new business applications or registrations in Memphis, TN-MS-AR?

New business applications or registrations in Memphis, TN-MS-AR was 23,612 in January 2025.

What is the dwelling units authorized by permit in Memphis, TN-MS-AR?

Dwelling units authorized by permit in Memphis, TN-MS-AR was 367 in July 2026.

What is the payrolled or covered employment in Memphis, TN-MS-AR?

Payrolled or covered employment in Memphis, TN-MS-AR was 593,854 in January 2026.

Nearby and related

• United States overview
• Cincinnati, OH-KY-IN
• Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Chicago-Naperville-Elgin, IL-IN
• Traverse City, MI
• Cleveland, OH
• Pinehurst-Southern Pines, NC
• Chattanooga, TN-GA
• Lima, OH
• Tyler, TX
• Wausau, WI

Sources and methodology

• U.S. Census Bureau — Business Formation Statistics (BFS)
• U.S. Census Bureau — Building Permits Survey (BPS), CBSA monthly
• U.S. Bureau of Labor Statistics — Quarterly Census of Employment and Wages (QCEW), national all-industry

Method: 2026.09. Updated 2026-09-10. Coverage: 100% of weighted components available.

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