Wilmingtonbiz logo
Print
More News

Wilmington Ranks High In Report For Economic Productivity

By J. Elias O'Neal, posted Jan 10, 2014
A California-based economic think tank has ranked greater Wilmington as one of the state’s most economically productive regions in 2013.
 
The Milken Institute, a nonprofit, nonpartisan organization that tracks economic productivity and trends across the U.S, ranked metro Wilmington as the fourth best-performing city in North Carolina and the 77th best-performing large city metro in the country, according to its 2013 Best-Performing Cities report released Thursday. 
 
The economic report analyzed new jobs, wage and salary growth as well as technology industry growth including high-tech gross domestic product growth and concentration in New Hanover, Pender and Brunswick counties.
 
Greater Wilmington’s national rank jumped 37 places on the 2013 list – outpacing economic performance in larger metros such as Chicago, Los Angeles and New Orleans, according to the report.
 
In 2012, the region was ranked the sixth best-performing city in the Tar Heel State and was the 114th best-performing large city metro in the nation.
 
Raleigh-Cary ranked tops in the state and No. 13 in the nation, according to the report – a 10-point slide from its No. 3 ranking in 2012, the report stated. Metro Charlotte was second in the state and 27th in the U.S. The Durham-Chapel Hill area was ranked the third best-performing metro in North Carolina and 60th nationally.
 
Metro Fayetteville rounded out the top five best-performing metros in the state. It also came in at No. 82 in the U.S.
 
Other North Carolina metros ranked in the report included:
- Asheville: No. 6 in the state; No. 100 in the U.S.  
- Greensboro-High Point: No. 7 in the state; No. 135 in the U.S.  
- Winston-Salem: No. 8 in the state; No. 136 in the U.S.  
- Hickory-Lenoir-Morganton: No. 9 in the state; No. 190 in the U.S.
 
Overall, the best-performing large city metro in the U.S. was Austin, Texas, according to the report. The weakest-performing large city metro ranked was Atlantic City, N.J.

Join The Discussion

Similar Stories

Ico insights

INSIGHTS

SPONSORS' CONTENT
Thom cross marine max 300 x 300

New Models, Easy Financing Boost Boat Sales

Thom Cross - MarineMax Wrightsville Beach
Scottjohnsoncpedc300x300

The Economic Power Of Preservation And Innovation

Scott Johnson - Cape Fear Economic Development Council (CFEDC)
Dan baden 300 x 300

Marketing Unique Biological Specimens Helps To Finance Continued Research

Daniel G. Baden - Marine Biotechnology in North Carolina (MARBIONC)

Book On Business

2016 bob cover

The 2016 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!
Print Only
$24.95 - Qty
Print + Excel File
$79.95 - Qty

In The Current Issue

With Tax Help Comes Some Affordable Housing

Federal low-income housing tax credits are especially important, officials say, in areas like Wilmington, where housing and land costs are outpacing wage growth and the need for housing that doesn’t cost more than 30 percent of a resident’s income is a growing concern.

Info Junkie: Kristin Walker

Info Junkie Kristin Walker, senior digital account manager at SISDigital, on her tech and app picks. ...

Special Use Permit Arguments Linger On

Special use permit. Have you grown tired of those three words yet? It would be understandable if you were. For five years now, those three w...

Ico topnews Editor's Picks

New SUP - Closer To Reality? Work Continues Thursday

Vince Winkel - About 6 hours ago

August Home Sales Numbers Increase In Brunswick County

Cece Nunn - About 8 hours ago

Village At Myrtle Grove Shopping Center Sells For $9.5M

Cece Nunn - About 7 hours ago Trending News

Lucas Farmhouse Hosts Pie On The Porch

Jessica Maurer - About 12 hours ago Trending News
Non Profit

United Way of the Cape Fear

United Way is working alongside local agencies in order to assist them in providing substantial and sustainable change within the Cape Fear Area. Live United!

Ico trending Trending News

Ico newsinimages News in Pictures

Have a tip, pitch or guest column?  Send us a tip.

Gallery Galleries

Video Videos

WilmingtonBiz Expo - Key Note Lunch with Keynote Lunch with Chip Mahan - 2016
Health Care Heros 2015

Register to Continue Seeing Wilmington's Best Business Coverage!


There are three ways to register for free.

Sign in with LinkedIn, Facebook or create an account:



Already registered? Login here.

Your free registration includes:

  • Access to 10 articles per month on WilmingtonBiz.com
  • Email updates to stay informed on local business news
  • A mobile optimized website
  • Advanced notification of Business Journal events
  • Management of your digital and print subscriptions
Laptop iphone ipad