By: Jo-Lynn Brown
The Tampa-St. Petersburg-Clearwater metro area jumped 45 spots from 2012 to 2013 in the Milken Institute’s 2013 report on Best Performing Cities in the United States.
The Tampa-St. Pete-Clearwater metropolitan statistical area went from No. 138 on the list in 2012 to No. 93 on the list in 2013, according to Milken’s data.
The Bradenton-Sarasota-Venice MSA was up 25 spots, from No. 187 in 2012 to 162 in 2013.
The Lakeland-Winter Haven MSA had a gain of only one spot, ranking No. 199 in 2013.
According to the report, technology and energy were driving the top performing metro areas.
Austin, Texas was named the top performing city in 2013.
Milken’s Best Performing Cities annual report was created to provide a fact-based comprehensive metric system across metropolitan areas that highlights the job, wage and technology trends that shape current and future prospects, according to the report.
The index was designed to objectively measure which U.S. metro areas are promoting economic vitality based on job creation and retention, and the quality of new jobs.
The report looked at 379 metro areas using the terms and definitions used by the Office of Management and Budget.
Source: Tampa Bay Business Journal (Jan 14, 2014)