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.
LinkedIn or Facebook is the easiset and preferred way to access news, archives and content on WilmingtonBiz.com. If you prefer to not use your social account to register,