Austin tops 10 'Best-Performing Cities' list

Dec 9, 2013
Austin Business Journal

Once again, Austin is at the top of another metropolitan economic index


The Milken Institute recently released its Best-Performing Cities 2013 report, and the Austin-Round Rock-San Marcos metropolitan statistical area ranks No. 1 among 200 large American cities


That’s up from the number two spot last year


The report focuses on where jobs are being created and sustained, but it does not factor in quality-of-life metrics, the California-based nonprofit think tank said. Many of the top metros have booming technology or energy sectors


"A rising technology center that is home to a University of Texas campus," reads the report. "It is creating high-quality employment that improves the region's overall wage structure. Economic development officials tout its business-friendly, low-tax, low-regulation climate when recruiting outside the state."


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