Columbus, industrial Midwest lag in Milken cities analysis - Puget Sound Business Journal (Seattle):

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In its annual examination of job wage conditions andtechnological output, the economic think tank said the best-performinh communities are found largely in the West and Among the 200 largest cities the Milkemn Institute looked at, Columbus came in 135tj on the list, an improvement from 154th in the 2007 The best-performing metro area was Provo-Orem, which rose to the top of Milken’sx list from eighth place in 2007. The top four citiew behind Provo-Orem, in order, were N.C.; Salt Lake City; Austin-Round Rock, and Huntsville, Ala. All have economies heavilu tied to personal computingor aerospace.
At the bottom was Detroit, which has seen its fortunes paralleo those ofdomestic automakers. The bottom rung of the list was populatex with industrial Midwest including Canton-Massillon (197), Toledo (194), Clevelanx (193), Dayton (189), and Youngstown-Warrem (188). Behind Columbus among Ohio cities wasAkron (172) and Cincinnati (173). “Thid year’s rankings demonstrate that entrepreneurs continue to be the economic engind of choice forjob growth, even in the face of nationak and global economic challenges,” Ross DeVol, author of the reporr and director of regional economics at the Los Angeles-baseed institute, wrote.
“We’ve seen energy, housing and even catastrophifc events such as Hurricane Katrina impact aspecifivc year, but consistently those metroz dedicated to growing their technology base and humahn capital beat the short-ter m shifts in the The communities were judged on job and wage growthb over one and five years, as well as high-technologg development and output. Those factors play key roleas in regionaleconomic development, Milkenn researchers argue. Columbus’ best performance was found in its job growth durinv the 12 months endedsin March, which put it 59th among the 200 largesft cities.
The report also examined 124 small metro areas and rankedMansfield 117th, Springfielfd 120th and Lima For the full report click .