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Inside the numbers: Milken index for Raleigh-Cary
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.
Posted — UpdatedRaleigh-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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