Government is the primary concentration of Tallahassee's economy, although education, printing and publishing, food processing, and the lumber industry play important roles as well. As the state capital of Florida, Tallahassee maintains a stable economy and a relatively low unemployment rate. Tallahassee is a high technology center and is sometimes referred to as "Silicon Valley South." Institutions such as Innovation Park/Tallahassee, affiliated with Florida A&M University and Florida State University, and Smart Park, a privately owned 130-acre fiber-optic research center, place Tallahassee on the cutting edge of technology. The city boasts that it is the most wired community in the country.
Tallahassee businesses have access to a labor force in which more than 41 percent of working adults hold college degrees. Inc. magazine has ranked Tallahassee among the "Best Small Metro Areas to start and grow a business." In 2002, Forbesmagazine listed Tallahassee as one of the Best Places for Business and Careers. The fastest growing business sectors are telecommunications, computer hardware vendors, software developers, and trade associations.
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