Small businesses are thriving in the nation's hottest resident markets, according to a new report by Realtor.com and the Wall Street Journal.
"The top 10 emerging markets have 42.6 Small Business Administration 7(a) loans for every million people, compared with 35.6 for the whole list of 300 metro areas," the two announced in the unveiling of the Emerging Markets Housing Index this week.
Within retailing, the top areas had, on average, 2.5 "everyday splurge" chain stores for every 1,000 people compared with 2.1 for the broader list of 300.
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