Nearly 32% of Metro Miami's growth in 2011 was foreign-born, and more than half went on to become US citizens. While South Florida's population has been fairly stagnant for a decade, it's starting an unexpected shift upward, with Miami-Dade's population growing 2.1% in one year.
economy. 1  thrifty management; frugality in the expenditure or consumption of money, materials, etc. 2  an act or means of thrifty saving; a saving: He achieved a small economy by walking to work instead of taking a bus. 3  the management of the resources of a community, country, etc., especially with a view to its productivity.
The economy encompasses everything related to the production and consumption of goods and services in an area. The economy and the factors affecting the economy have spawned one of the largest fields of study in human history-economics.