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|January 29, 2020|
Analysis: Businesses getting bigger in Riverside
RIVERSIDE – (INT) - Riverside ranks #3 in the U.S. among cities with the largest increase in businesses generating million-dollar revenues.
LendingTree analysts compared the number of million-dollar privately owned businesses in 2014 with those in 2016 (the most recent year for which data is available) to find the cities where owners are most successful at getting to the million-dollar in revenue mark. Riverside saw the 3rd largest jump in million-dollar businesses.
• Riverside, Calif. ranks 3rd with a 14.8% increase in privately held companies surpassing $1 million in revenue between 2014 and 2016.
• The number of Riverside firms that surpass $1M in revenue rose by 2,359.
Story Date: July 29, 2019