On December 8, the Milken Institute released its report on Best-Performing Cities. The index ranks U.S. metropolitan areas by how well they are creating and sustaining jobs and economic growth. The components included:
- Job growth
- Wage and salary growth
- Technology growth
According to the institute most years these components are a good indication of the underlying structural performance of regional economics. The report breaks metropolitans down by large and small cities. Raleigh fell into the large city category. We ranked at #6, down from #5 last year, but still in the top 10 out of 200 large cities. Charlotte was the next NC city on the list and fell at #13. Raleigh was also the only southeastern city that made the top 10 for large cities. San Jose, CA climbed three spots this year to top the list as the best-performing large city.
To view the full report, download it here.