By Colin R. O'Leary
January 25th, 2019
The Milken Institute released a new report detailing which cities performed the best economically in the U.S. in 2018. The report includes a list of the Top 25 Best-Performing Large Cities. The report provides a clear look at which cities are currently offering the greatest opportunities for prosperity and innovation.
Key findings from the study show how high-tech industries are continuing to fuel growth in many of these best-performing cities. The top metro areas are enjoying impressive job and wage growth. Housing prices are rising sharply in these cities as well. The national economy is providing a strong base for regional growth in these areas allowing them to thrive.
Provo-Orem, Utah, holds steady at the top of the index's list for the second straight year. The Provo-Orem metropolitan area had a population of 526,810 as of the 2010 census. The report notes the cities dynamic high-tech sector, educated workforce, business-friendly tax laws, and regulatory climate as reasons for the cities continued success. The number 2 city on the list is San Jose-Sunnyvale-Santa Clara, California.
Checkout the image below to see the Top 25 Best-Performing Large Cities of 2018
See the full report here