Miami is a main middle and leader in finance, commerce, culture, arts, and worldwide trade. The metro spot is by far the biggest urban economy in Florida and the 12th greatest in the United States, with a GDP of $344.9 billion as of 2017. In 2020, Miami was labeled as a Beta + stage world-wide metropolis by the GaWC. In 2019, Miami ranked seventh in the United States and 31st among international towns in business activity, human funds, data exchange, cultural expertise, and political engagement. According to a 2018 UBS research of seventy seven entire world towns, the metropolis was rated as the third-richest in the planet and the next-richest in the United States in buying electricity. Miami is nicknamed the "Capital of Latin The us" and is a single of the largest vast majority-minority towns in the United States with more than 72.7% of the populace becoming of Hispanic and Latino descent.

Increased Downtown Miami has one particular of the largest concentrations of intercontinental financial institutions in the United States, and is home to a lot of large national and global businesses. top miami classified ads sites is a significant heart for hospitals, clinics, and the biotechnology and health-related analysis industries. PortMiami is the busiest cruise port in the globe in the two passenger traffic and cruise strains, and refers to itself as the "Cruise Money of the Planet". Miami is also a significant tourism hub for global visitors, position 2nd in the country after New York City.

miami escort directory are headquartered in Miami, which includes but not restricted to Akerman LLP, Alienware, Arquitectonica, Brightstar Company, Superstar Cruises, Carnival Company, Duany Plater-Zyberk, Greenberg Traurig, Inktel Direct, Lennar Company, Norwegian Cruise Line, Oceania Cruises, OPKO Wellness, Parkjockey, RCTV Intercontinental, Royal Caribbean Global, Sitel, Southern Wine & Spirits, Telemundo, Vector Group, Watsco and Planet Gasoline Solutions. Since of its proximity to Latin The us, Miami serves as the headquarters of Latin American functions for far more than 1400 multinational companies such as Walmart. Moreover, firms based mostly in close by metropolitan areas or unincorporated areas of Miami-Dade County incorporate, Benihana, Burger King, Carnival Cruise Line, Navarro Low cost Pharmacies, Perry Ellis International, Ryder, Sedano's, UniMás, and U.S. Century Lender.

Miami is a major television manufacturing centre, and the most important metropolis in the United States for Spanish language media. Telemundo and UniMás have their headquarters in the Miami spot. Univisión Studios and Telemundo Studios generate a lot of the authentic programming for their respective mother or father networks, these kinds of as telenovelas, information, sports activities, and chat shows. In 2011, eighty five% of Telemundo's original programming was filmed in Miami. Miami is also a important songs recording centre, with the Sony Tunes Latin headquarters in the town, along with numerous other smaller sized report labels. The town also draws in many artists for songs movie and film shoots.

The housing industry crash of 2007 brought on a foreclosure disaster in the location. In 2012, Forbes magazine named Miami the most depressing town in the United States because of the crippling housing crisis that value multitudes of inhabitants their houses and work. In addition, the metro location has a single of the greatest violent criminal offense charges in the country and employees confront lengthy everyday commutes. Like other metro locations in the United States, crime in Miami is localized to specific neighborhoods. In a 2016 review by the internet site 24/seven Wall Avenue, Miami was rated as the worst U.S. town in which to stay, based mostly on criminal offense, poverty, revenue inequality, education and learning, and housing charges that far exceed the nationwide median.