Best-Performing Cities 2016
Which factors are determining the divergence in economic performance of metropolitan areas around the nation? Why are some areas thriving while others fall back? The Milken Institute’s Best-Performing Cities index provides an objective benchmark for examining the underlying factors and identifying unique characteristics of economic growth in metropolitan areas. Our index uses a fact-based set of metrics such as job creation, wage gains, and technology developments to evaluate the relative growth of metropolitan areas. While national and international patterns affect near-term performance, and to some extent are beyond a region’s control, the top-performing metros have cohesive strategies that allow them to distinguish themselves from others. They offer important lessons that may be adaptable for other localities.