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

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

N2: Modern-day Printing Press

It’s been a steady climb over the past 12 years for N2 Publishing, which recently landed for the sixth time on the Inc. 5000 list as one of the fastest-growing private companies in the U.S.

Schools Get Assist From Business Partnerships

More than 130 business partnerships help New Hanover County Schools provide experiences and tangible benefits to students, teachers and staf...

Navigating NCino: Banking Software Firm Continues To Grow

summary here...

Ico topnews Editor's Picks

Infranet Technologies Merges With WebPoint

V.L. Craven - Aug 25, 2016

Most Expensive? Top-dollar Trifecta

Cece Nunn - Aug 25, 2016

Treatment Center To Build Housing, Hospital Facility On Carolina Beach Road

Cece Nunn - About 16 hours ago Trending News

Local Affordable Housing Survey Results Released

Cece Nunn - Aug 25, 2016 Trending News
Technology

Cloudwyze

CloudWyze was created to help businesses focus and perform at their optimal level. It is difficult to find and implement the right technology for your company. That’s where we can help. We have exp ...more

Ico trending Trending News

Ico newsinimages News in Pictures

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

Gallery Galleries

Video Videos

Power Breakfast Series - The future of higher education - Sept. 2015
WilmingtonBiz Expo - Key Note Lunch with DONALD CROTEAU CEO, Vertex Rail - 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