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Inc. magazine says Boise #2, Casper #3, Missoula #8 for business

April 20, 2005View for printing

Inc. Magazine ranks the Boise metropolitan area second in the nation on this year's list of "Best Cities to Do Business in America."

The magazine's editors said this year's rankings reflect "the continued flight of business from higher-priced urban areas and former new-economy high-flyers like Boston, Austin and San Francisco."

Much attention has been paid to companies offshoring business to China and India, said Joel Kotkin, the article's author and a senior fellow with the New America Foundation, a public policy institute. But Inc.'s list illustrates the rising trend of "homeshoring" — where companies are seeking out low-cost, regulation-friendly areas like Boise, Reno, Nev., and Casper, Wyo.

"Increasingly, these areas are being found in Southern and Western cities willing to pull out all the stops to bring in high-growth businesses," said Joel Kotkin, the author of the article and a senior fellow with the New America Foundation.

The list — available in the May issue of Inc., on newsstands April 26 — is based on a review of job growth data in 274 cities supplied by the federal government. Sustained job growth balanced among many industries was the leading indicator of an entrepreneurial hot spot, the editors said.

Inc.'s top 10

1. Reno, Nev.

2. Boise

3. Casper, Wyo.

4. Green Bay, Wis.

5. Medford, Ore.

6. Riverside- San Bernardino, Calif.

7. Melbourne-Titusville-Palm Bay, Fla.

8. Missoula, Mont.

9. Fort Myers-Cape Coral, Fla.

10. Jacksonville, Fla.

Mike Maharry The Idaho Statesman

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