More than 1.2 million people (and thousands of businesses) contribute to the Nashville metro area’s $136 billion economy. But have you ever wondered about Music City’s heaviest hitters?
Consider this Nashville Business 101 — your guide to our region’s key industries and major employers.
Note: When we say Nashville’s metro area, that refers to the metropolitan statistical area for Nashville, Davidson County, Murfreesboro, and Franklin.
The key industries
There are four key industries that represent the bulk of the region’s economy, based on 10-county data from Nashville Area Chamber of Commerce.
Health care management | 167,916 employees
- Over 900 health care companies are located in the Middle Tennessee region. The industry contributes $67 billion and 328,598 direct and indirect jobs to the local economy annually. More than half of the privately-owned hospital beds in the US are operated by Nashville-based companies.
Music and entertainment | 41,153 employees
- It likely comes as no surprise that Nashville is home to the highest concentration of musicians and music businesses in the US. Over 5,000 working musicians and ~200 recording studios call this city home. The industry contributes $15.6 billion to the local economy annually.
Advanced manufacturing | 86,425 employees
- Nashville connects 20 states by the CSX rail system, air cargo at BNA is supported by 10 major carriers, and the city offers competitive freight transport rates — all factors that make the region a prime destination for manufacturing careers. Top local employers in this industry include Nissan North America, Gulfstream Aircraft, General Motors, and Bridgestone Americas Inc.
Tourism and hospitality | 74,440 employees
- Did you know? In June, Nashville recorded its best month for hotel room sales, and there are over 50 new hotel properties in development. Area colleges like Lipscomb University, Nashville State Community College, and Middle Tennessee State University offer hospitality programs designed to meet workforce needs in this growing industry.
The major players
Now that we’ve established the major industries, we bet you’re curious for specific names. Whether you’re job hunting (or just “casually prospecting”), here are five major employers — all that employ more than 8,000 workers on average.
Vanderbilt University Medical Center
24,039 employees | Health care | Search jobs
- VUMC is the largest private employer in Middle Tennessee and ranked No. 19 on US News’ 2022-2023 Best Hospitals Honor Roll. The hospital system offers careers in inpatient and outpatient clinical care, research, administration, IT, communications, and more.
Nissan North America
11,000 employees | Manufacturing | Search jobs
- Nissan’s North American operations include automotive styling, engineering, consumer and corporate financing, distribution and manufacturing, and sales and marketing. The company is headquartered in Franklin.
HCA Healthcare Inc.
10,600 employees | Health care | Search jobs
- HCA Healthcare is comprised of 184 hospitals and ~2,000 sites of care in 21 states and the UK. In 2021, LinkedIn ranked HCA No. 34 on the list of “50 best workplaces to grow your career in the US.”
9,107 employees | Higher education | Search jobs
- Forbes magazine ranked the university No. 10 on its 2022 list of Best Employers in Tennessee — 17 spots higher than the previous year. Vanderbilt announced plans to launch a new employee assistance program with expanded offerings and resources available to employees’ families in 2023.
Ascension Saint Thomas
8,335 employees | Health care | Search jobs
- This not-for-profit health care system has a large presence in Tennessee with 12 hospital campuses and a network of affiliated joint ventures, medical practices, clinics, and rehabilitation facilities. Ascension Saint Thomas provided more than $154 million in community care in 2021.
This information is derived from the most recent data published by the Nashville Area Chamber of Commerce.