Best Performing Cities: Where America’s Jobs are Created and Sustained
| October 8, 2007 |  View for printing |
For almost a decade, the Milken Institute has been examining U.S. metropolitan areas and analyzing which ones are the most successful at creating and sustaining jobs. Regional and national economic trends are reflected in the annual rankings, and help us see where businesses are thriving or struggling, and where wages are rising or falling.
In the 2007 Milken Institute Best-Performing Cities Index, we see some cities caught in dramatic location shifts of human capital, while others feel the pressures of international competition and changes in consumer behavior. Certain trends, such as rising energy prices, are still being played out and have hurt development in some metros but bolstered energy-related businesses in others. Volatility in the housing market is putting a drag on the building boom that elevated some cities in last year’s index.
As businesses, investors and government and public policy groups seek to determine their next moves, the Best-Performing Cities Index continues to provide benchmarks for future planning, yearover- year performance data, and most important, a measure of change in the development of a prosperous, competitive economy and stable society.
Full Report: http://www.milkeninstitute.org/pdf/b ... _cities.pdf
by Ross DeVol, Armen Bedroussian, and Soojung Kim. 
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