Sunday, March 2, 2008

Economy of Miami


Miami’s economy, until recently dominated by tourism, is increasingly diversified. Tourism still plays a significant role, with more than 10 million visitors staying overnight in Miami-Dade County each year.

( Port of Miami )
A sizable proportion of the area’s tourism is focused on the Dante B. Fascell Port of Miami-Dade, known simply as the Port of Miami; the city’s growing fleet of cruise ships has made it one of the world’s leading passenger ports.

Trade is another important activity, and the city increasingly serves as the gateway between the United States and Central America, the Caribbean, and South America. Banking and international finance have become major functions of Miami’s bilingual business community.

Light industry is also important, and clothing is a notable product.

Miami International Airport is one of the nation’s largest, and the city is served by two interstate highways, Amtrak railway service, and Tri-Rail commuter railway service to Fort Lauderdale and West Palm Beach.

A heavy-rail transit system, known as the Metrorail, runs through downtown Miami, connecting Hialeah and the Dadeland complex south of Coral Gables.

In addition, three monorail routes, collectively known as the Metromover, circle through downtown.

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