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The business climate in Tampa and Hillsborough County couldn't be better. In fact, our economy is one of the strongest in the country. We boast a healthy mix of businesses, from financial services and life sciences, to technology and international trade-to name but a few. Tampa Bay also ranks among the best metropolitan areas in the nation for its low cost of living. With no state income tax and low cost of housing, health care and groceries, there's no shortage of people who want to live and work here. In fact, during the recession, when the nation's unemployment rate spiked, Tampa Bay escaped the national average. Currently, the Tampa MSA boasts a 5.1% unemployment rate and it's a low 4.8% in Hillsborough County. It's no wonder so many businesses and employees are taking a closer look at Tampa Bay, and why the Tampa Bay area is getting so much national attention.
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