Amarillo Ranked #16 Among Best Performing US Cities!

Posted: 10/21/2010
Author: Staff

The Milken Institute, a non-profit, independent economic think tank, ranked Amarillo #16 in its 2010 Best Performing Cities index...19 places better than 2009!
 
The index provides an objective, comprehensive measure of economic performance across metropolitan areas of the country, and is an important indicator of the strength of regional economies. The Institute characterized this year's best performing cities by their ability to minimize job losses and economic dislocations in the midst of a severe national recession. The ranking criteria included job, wage and technology performance over a five-year period.
 
“(Cities) that are sustaining their job markets are doing so through a good mix of high-tech industries, favorable business climates and diversified service-sector industries,” said Ross DeVol, executive director of economic research at the Milken Institute. “These are definite lessons for how American metros can be prepared to survive economic turmoil.”
 
For more information about the index or to download the full report, please click here.