Ideas, talent, skills, and density remain key contributors to the growth of America's metros.
Why do some cites and metros grow faster and better than others? It's a subject of considerable debate. Some say growth is a product of innovation and productivity and others counter that growth is powered more by resources, home-building and extractive industries. Sometimes debates like these need a referee.
That's where a new report on America's "Best-Performing Cities" released this year by the Milken Institute comes in. The Institute's "Best-Performing Cities index" is a comprehensive and objective metric of metro economic performance and represents an outcomes-based accounting of short and long-term changes in economic output, high-tech industry, jobs, and wages.
Read the complete article for details on the rankings for large metros. Four of the top five metros are noted high-tech knowledge economy centers. San Jose tops the list, high-tech hot spots Austin takes second and Raleigh third, and Washington, D.C., comes in fifth place...