Inside the numbers: Milken index for Durham

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