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New rankings from the Milken Institute show just how diverse our tech economy has become.
To the casual observer, the narratives of economic growth in American cities seem fairly obvious: the Sunbelt is adding people, the Rustbelt is failing, and big cities like New York, Chicago, Boston and D.C. are coming back. But the reality is far more complicated once you start adding real-world statistics into the picture.
Each year, the Milken Institute’s "Best Performing Cities" index injects some much-needed clarity into the debates surrounding metro growth and decline. An "outcomes-based" ranking, the report takes into account both short and long-term growth in job numbers, wages and salary, and the concentration and size of high-tech industries — an increasingly important part of success in today’s knowledge-driven economy.
The result is a data-driven look at economic growth in America's 200 largest metropolitan areas.
Via Lauren Moss
