Thursday January 11, 2018 0 comments
FORT COLLINS -- Fort Collins took the No. 5 spot on the California-based Milken Institute Index of top-performing cities, with Denver placing No. 23 in the top 25 cities list.
Provo-Orem, UT, with its robust high-tech sector and broad-based job and wage growth, was named the Best-Performing City in the United States, according to the Index.
Raleigh, NC, with its comparatively low business costs and thriving research and development-driven industries, ranked second in the nation. Dallas, which has added more than 50,000 high-skill professional, scientific and technical industry jobs in the last five years, came in third.
Overall, six Florida and four California cities ranked among the top-25 Best-Performing Cities. California’s Inland Empire (Riverside-San Bernardino-Ontario) jumped 24 places and made the top-20 for the first time in a decade. Also posting double-digit gains were the Florida regions of Sarasota-Bradenton, West Palm Beach-Boca Raton, and Tampa-St. Petersburg.
Best-Performing Cities Ranking (Large Cities/Metropolitan Areas)
- Provo-Orem, UT
- Raleigh, NC
- Dallas-Plano-Irving, TX
- San Francisco-Redwood City-South San Francisco, CA
- Fort Collins, CO
- North Port-Sarasota-Bradenton, FL
- Orlando-Kissimmee-Sanford, FL
- Nashville-Davidson-Murfreesboro-Franklin, TN
- Austin-Round Rock, TX
- Salt Lake City, UT
- San Jose-Sunnyvale-Santa Clara, CA
- West Palm Beach-Boca Raton-Delray Beach, FL
- Charlotte-Concord-Gastonia, NC-SC
- Atlanta-Sandy Springs-Roswell, GA
- Tampa-St. Petersburg-Clearwater, FL
- Oakland-Hayward-Berkeley, CA
- Seattle-Bellevue-Everett, WA
- Naples-Immokalee-Marco Island, FL
- San Antonio-New Braunfels, TX
- Riverside-San Bernardino-Ontario, CA
- Fort Lauderdale-Pompano Beach-Deerfield Beach, FL
- Charleston-North Charleston, SC
- Denver-Aurora-Lakewood, CO
- Portland-Vancouver-Hillsboro, OR-WA
- Fayetteville-Springdale-Rogers, AR-MO
The Milken Institute Best-Performing Cities Index has been published annually since 1999. The index uses fact-based metrics in nine categories to evaluate the relative growth of metropolitan areas.
Metrics include growth in jobs, wages and salaries, and technology output over time. The index also measures high-tech fields whose concentrations in a metropolitan area are higher than the national average.
The full report, including tables with all 401 large and small regions evaluated, is available online at www.milkeninstitute.org.