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Inside the numbers: Milken index for Raleigh-Cary

Posted October 15, 2010

Raleigh-Cary ranks seventh in the new Milken Institute Best-Performing Cities Index based in large part on its No. 3 overall ranking for five-year job growth.

How Raleigh-Cary ranked in the index categories:

  • 5-year job growth: 3
  • 1-year job growth: 84
  • 5-year wages: 16
  • 1-year wages: 51
  • Job growth April 2009 to April 2010: 56
  • 5-year high-tech GDP: 34
  • 1-year high-tech GDP: 53
  • Combined metropolitan area high-tech location quotient during 2009: 19
  • Number of high-technology industries with a location quotient (LQ) about the U.S. average of 1.0 during 2009: 12
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