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Economy of Springfield, MA


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Springfield's Top Five Industries (in order, by number of workers) are: Trade and Transportation; Education and Health Services; Manufacturing; Tourism and Hospitality; and Government. Springfield is considered to have a "mature economy," which protects the city to a degree during recessions and inhibits it somewhat during bubbles. Currently, Springfield is considered to have one of America's top emerging multi-cultural markets – the city features a 33% Latino population with buying power that has increased over 295% from 1990 to 2006. More than 60% of Hispanic Springfielders have arrived during the past 20 years
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