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
OrderBobPartial

Get Your 2014 BOB Now!

Book On Business - $19.95
Book On Business (+ Excel file) - $79.95

Ico topnews Editor's Picks

New Subdivision Planned Near Monkey Junction

J. Elias O'Neal - About 14 hours ago Trending News

2014 Coastal Entrepreneur Award Winners Announced

Jenny Callison - 15 hours ago Trending News

Castle Branch Proceeding With Plans For Tech Space

Jenny Callison - Apr 16, 2014

N.C. Treasurer To Speak In Wilmington

Jenny Callison - Apr 15, 2014
Other

Longley Supply

For the latest in bathroom and kitchen design products and awe-inspiring ideas, visit Longley Supply’s newly renovated showroom at 2018 Oleander Drive in Wilmington, or one of Longley’s four other sho ...more

Ico trending Trending News

Live Oak Bank Plans To Go Public

Jenny Callison - Apr 15, 2014

Chops No. 3 Ready

Liz Biro - Apr 16, 2014

2014 Coastal Entrepreneur Award Winners Announced

Jenny Callison - Apr 17, 2014

Easter Brunch: New, Traditional And All Day

Liz Biro - Apr 16, 2014

New Subdivision Planned Near Monkey Junction

J. Elias O'Neal - Apr 17, 2014

Ico newsinimages News in Pictures

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

Gallery Galleries

Video Videos

Power Breakfast Series - Special Sauce for Economic Development - March. 2014
WilmingtonBiz Expo Keynote - Ken Lowe - Founder HGTV, CEO Scripps Networks - March. 2014

The Best Business Coverage in Wilmington, FREE!


Click one of the social networks below to register... it's FREE!

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, click here.

Enjoy these benefits:

  • Access to daily news stories online
  • Mobile optimized website
  • Exclusive daily email newsletter
  • Advanced notification of Business Journal events
  • Manage your print and email subscriptions online
Laptop iphone ipad