Austin-Round Rock Metro No. 3 Best Performing Large U.S. City
The Austin-Round Rock metro has been ranked the third best-performing major metro by the Milken Institute in their annual Best-Performing Cities Index.
According to the Geoffrey Baum of the Milken Institute, “The index, published annually since 1999, measures economic vitality in 200 large metros and 201 small cities using job creation, wage growth, and innovation industry metrics. The rankings help policymakers, investors, and businesses understand where and how regional economies are prospering.”
“The top-performing cities have cohesive strategies that allow them to weather economic storms and leverage their assets for sustained growth…”
The Austin-Round Rock metro area came in at number three in the Milken Institute’s 2019 rankings as well.
View the Full Report here.
[Via Milken Institute]