Austin economy ranks 4th on Milken/Greenstreet list
Tuesday, September 16, 2008
Even in a tougher economy Austin is still outperforming many other areas of the country in job creation and other economic markers.
The Austin-Round Rock region ranks 4th among the country's largest metropolitan areas on the Milken Institute and Greenstreet Real Estate Partners' 2008 Best Performing Cities list. That's a dramatic improvement from Austin's 20th place ranking on last year's list. The list ranks cities according to a series of matrices such as job creation and salary and technology growth.
Provo-Orem, Utah; Raleigh-Cary, N.C.; and Salt Lake City, Utah, were the top ranked cities on the list, in that order.
Among other Texas metro areas, the McAllen-Edinburgh-Mission region ranked No. 7 on the list followed by Killeen-Temple-Fort Hood at No. 13, San Antonio at No. 15, Houston at No. 16, and Dallas at No. 23.
To see the full rankings, click here.
