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Durham slipped in the new Milken index but ranked fourth in the one-year measure for what the Institute calls its high-tech “location quotient.”
The breakdown by category:
- 5-year job growth: 16
- 1-year job growth: 23
- 5-year wages: 34
- 1-year wages: 105
- Job growth April 2009 to April 2010: 29
- 5-year high-tech GDP: 24
- 1-year high-tech GDP: 151
- Combined metropolitan area high-tech location quotient during 2009: 4
- Number of high-technology industries with a location quotient (LQ) about the U.S. average of 1.0 during 2009: 28
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