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.
What does 'Economy' mean. Economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated. This is also known as an economic system. BREAKING DOWN 'Economy' The economy encompasses all activity related to production, consumption and trade of goods and services in an area.