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

Novant Health, BCBS Reach Contract Agreement

Blue Cross and Blue Shield of North Carolina and Novant Health Inc. recently reached an agreement around value-based care.

Corning Credit Union Branch To Open Soon

Corning Credit Union next month will open a new location at 7961 Market St. in Porters Neck. ...

More Event Space, Retail On Way To North Fourth

Part of downtown Wilmington’s ongoing growth has included a recent uptick in activity along North Fourth Street, site of the Brooklyn Arts D...

Ico topnews Editor's Picks

Aquesta Bank Gains Approval To Open Branch In Wilmington

Jenny Callison - About 15 hours ago Trending News

Affordable Housing The Topic Of State-local Session Thursday

Cece Nunn - About 15 hours ago Trending News

Business Alliance Works To Broaden Its Reach

Cece Nunn - Feb 5, 2016

Several Factors May Have Doomed 4 Unsuccessful Film Grant Applications

Jenny Callison - Feb 5, 2016
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