The Milken Institute has just released its 2010 list of the Best Performing Cities and Raleigh-Cary jumped up three spots from number 10 in 2009 to number 7 in 2010!
The 2010 top 10 performers (with 2009 rankings) of the 200 largest metros:
1. Killeen-Temple-Fort Hood, TX (2)
2. Austin-Round Rock, TX (1)
3. Huntsville, AL (8)
4. McAllen-Edinburg-Mission, TX (4)
5. Kennewick-Richland-Pasco, WA (n.a.)
6. Washington-Arlington-Alexandria, DC-VA-MD-WV (25)
7. Raleigh-Cary, NC (10)
8. Anchorage, AK (40)
9. El Paso, TX (14)
10. Houston-Sugar Land-Baytown, TX (5)
The Best Performing Cities Index includes both long-term (five years) and short-term (one year) measurements of employment and salary growth. There are also four measurements of technology output growth, which are included because of technology’s crucial role in creating good jobs and driving regional economies.
The Index ranks 379 metros, grouped into large (population of more than 200,000) and small (population of less than 200,000) metros. Population changes and modifications in how the U.S. Census defines certain metropolitan areas added 55 metros to this year’s Index. Because of these changes, last year’s ranking is not available for all metros.
Read the full report – 2010 Milken Institute Best Performing Cities
**(Source: The Milken Institute)