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Miami's First Population Losses in a Multi-Year Period
Miami is facing its first population losses over a multi-year period since at least 1970 when Miami Day loses 79,535 people through net migration to other parts of Florida. The city attracts new businesses with 127,000 businesses and applications made in 2022. But many firms open small or satellite offices employing few people while others focus on cryptocurrencies, which have experienced a market downturn. Mayor: "It's hard for me to believe that in a city where you grew 14% through a combination of value appreciation and new construction the population for that city has gone down"