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The city's central location has led to much of its business development. Located on the Mississippi River and intersected by two Interstate highways, Memphis is ideally located for commerce among the transportation and shipping industry. The city is home to the world's busiest cargo airport, which serves as the primary hub for FedEx shipping. Memphis is home to a growing number of nationally and internationally known corporations, including approximately 150 businesses from 22 countries. This includes the corporate headquarters of FedEx Corporation, AutoZone Incorporated and International Paper. The entertainment and film industry has developed in recent years. Several major motion pictures have been filmed in Memphis, including The Firm (1993), Cast Away (2000) and Walk the Line (2005). The city appeared in the top eight of the 50 best major metro areas in the U.S. for starting and growing a business in 2000, according to Inc. magazine. As of the census of 2000, there were 650,100 people, 250,721 households, and 158,455 families residing in the city. The population density was 2,327.4 people per sq mi (898.6/km²). There were 271,552 housing units at an average density of 972.2 per sq mi (375.4/km²). The racial makeup of the city was 61.41% African American, 34.41% White, 1.46% Asian, 0.19% Native American, 0.04% Pacific Islander, 1.45% from other races, and 1.04% from two or more races. Hispanic or Latino of any race were 2.97% of the population. The Memphis Metropolitan Statistical Area (MSA), the 42nd largest in the United States, has a 2003 population of 1,239,337, and includes the Tennessee counties of Shelby, Tipton, and Fayette, as well as the Mississippi counties of DeSoto, Marshall, Tate, and Tunica, and the Arkansas county of Crittenden. Information provided by Wikipedia . |
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