By: Jacksonville Business Journal

In cities across the country, an increasing number of businesses are generating million-dollar revenues, including Jacksonville, which saw unprecedented growth, according to a new LendingTree analysis.

Jacksonville came in at No. 2 on the list of cities for growth in million-dollar revenue companies. There was a 14.8 percent increase in privately held companies surpassing $1 million in revenue between 2014 and 2016, according to LendingTree. The number of Jacksonville firms that surpass $1M in revenue rose by 963.