Business

Inside the numbers: Milken index for Fayetteville

Fayetteville soared in the new Milken cities’ index due primarily to big jumps in new jobs (third nationally) and wages (sixth nationally) over the past year.
Posted 2010-10-15T14:39:17+00:00 - Updated 2010-10-15T14:39:17+00:00

Fayetteville soared in the new Milken cities’ index due primarily to big jumps in new jobs (third nationally) and wages (sixth nationally) over the past year.

How Fayetteville ranks:

  • 5-year job growth: 11
  • 1-year job growth: 3
  • 5-year wages: 10
  • 1-year wages: 6
  • Job growth April 2009 to April 2010: 16
  • 5-year high-tech GDP: 56
  • 1-year high-tech GDP: 186
  • Combined metropolitan area high-tech location quotient during 2009: 179
  • Number of high-technology industries with a location quotient (LQ) about the U.S. average of 1.0 during 2009: 200

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