ABOUT THE MILKEN INSTITUTE The Milken Institute is a nonprofit, nonpartisan think tank determined to increase global prosperity by advancing collaborative solutions that widen access to capital, create jobs, and improve health. We do this through independent, data-driven research, action-oriented meetings, and meaningful policy initiatives.  The Milken Institute’s Best-Performing Cities index provides an objective benchmark for examining the underlying factors and identifying unique characteristics of economic growth in metropolitan areas. Our index uses a fact-based set of metrics such as job creation, wage gains, and technology developments to evaluate the relative growth of metropolitan areas.

Moving Up: Best-Performing Large Cities

The Charleston-North Charleston, SC MSC inches up one spot to 16th. From 2010 to 2015, its high-tech economy grew 20 percent faster than the nation overall, resulting in a regional high-tech concentration roughly equal to the national average in 2015. The metro performed strongly on the one- and five-year job and wage measures, ranking in the top quarter of cities in all five job and wage indicators.

The report goes on to cite the Port of Charleston, who’s headquarters is currently relocating into the Town of Mount Pleasant, as a top asset.  To read the full report from the Milken Institute, click here.

 

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