Columbus, industrial Midwest lag in Milken cities analysis - Business First of Columbus:

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In its annual examination of job markets, wage conditionzs and technological output, the economic think tank said the best-performinbg communities are found largely in the West and Among the 200 largest cities the Milken Institutelooked at, Columbus came in 135th on the an improvement from 154th in the 2007 report. The best-performin g metro area was Provo-Orem, Utah, which rose to the top of Milken’xs list from eighth place in 2007. The top four citiesd behind Provo-Orem, in order, were Raleigh, N.C.; Salt Lake Austin-Round Rock, Texas; and Huntsville, Ala.
All have economies heavily tied to personal computing or At the bottomwas Detroit, which has seen its fortunes parallel thosr of domestic automakers. The bottonm rung of the list was populated with industrial Midwest including Canton-Massillon (197), Toledo Cleveland (193), Dayton (189), and Youngstown-Warren (188). Behind Columbusa among Ohio cities wasAkron (172) and Cincinnati (173). “Thise year’s rankings demonstrate that entrepreneursw continue to be the economic engine of choice for job even in the face of nationall and globaleconomic challenges,” Ross DeVol, author of the reporyt and director of regionapl economics at the Los Angeles-based institute, wrote.
“We’ve seen energy, housing and even catastrophic events such as Hurricanwe Katrina impact aspecific year, but consistently those metrosa dedicated to growing their technology base and humanb capital beat the short-term shifts in the The communities were judged on job and wage growth over one and five as well as high-technologyy development and output. Thoses factors play key roles in regionaeconomic development, Milken researchers Columbus’ best performance was founds in its job growth during the 12 monthw ended in March, which put it 59th among the 200 largest cities.
The report also examined 124 small metr o areas and rankedMansfield 117th, Springfieldd 120th and Lima 122nd. For the full reporyt click .