Two Colorado cities have made the Milken Institute’s 2017 list of 25 best-performing large cities.
Fort Collins was listed at fifth on the list, and Denver/Aurora/Lakewood was in the 23rd position.
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For those who support locally owned banks, consolidation has reduced the count, but choices still exist
Have you noticed how consolidation in the U.S. banking industry has resulted in fewer Colorado banks? With the strength of the Colorado economy, one might assume that would lead to a growing local banking sector, but for Colorado businesses, entrepreneurs, and investors who prefer dealing with a local bank, there are fewer options due to continuing consolidation.
The Milken Institute Best-Performing Cities Index has been published annually since 1999, according to information provided by Milken. The index uses fact-based metrics in nine categories to evaluate the relative growth of metropolitan areas. Metrics include growth in jobs, wages and salaries, and technology output over time. The index also measures high-tech fields whose concentrations in a metropolitan area are higher than the national average.
Provo-Orem, Utah, was ranked first on the list.
The top 10 cities as listed are:
- Provo-Orem, Utah
- Raleigh, N.C.
- Dallas/Plano/Irving, Texas
- San Francisco/Redwood City, Calif.
- Fort Collins
- North Port/Sarasota/Bradenton, Fla.
- Orlando/Kissimmee/Sanford, Fla.
- Nashville/Davidson/Murfreesboro/Franklin, Tenn
- Austin/Round Rock, Texas
- Salt Lake City, Utah
The Milken Institute, based in Santa Monica, Calif., is a nonprofit, nonpartisan think tank that works to improve prosperity by sharing ideas gathered through independent research.
Two Colorado cities have made the Milken Institute’s 2017 list of 25 best-performing large cities.
Fort Collins was listed at fifth on the list, and Denver/Aurora/Lakewood was in the 23rd position.
Sponsored Content
For those who support locally owned banks, consolidation has reduced the count, but choices still exist
Have you noticed how consolidation in the U.S. banking industry has resulted in fewer Colorado banks? With the strength of the Colorado economy, one might assume that would lead to a growing local banking sector, but for Colorado businesses, entrepreneurs, and investors who prefer dealing with a local bank, there are fewer options due to continuing consolidation.
The Milken Institute Best-Performing Cities Index has been published annually since 1999, according to information provided by Milken. The index uses fact-based metrics in nine categories to evaluate the relative growth of metropolitan areas. Metrics include growth in jobs, wages and salaries, and technology output over time. The index also measures high-tech fields whose concentrations in a metropolitan area are higher than the national average.
Provo-Orem, Utah, was ranked first on the list.
The top 10 cities as listed are:
- Provo-Orem, Utah
- Raleigh, N.C.
- Dallas/Plano/Irving, Texas
- San Francisco/Redwood City, Calif.
- Fort Collins
- North Port/Sarasota/Bradenton, Fla.
- Orlando/Kissimmee/Sanford, Fla.
- Nashville/Davidson/Murfreesboro/Franklin, Tenn
- Austin/Round Rock, Texas
- Salt Lake City, Utah
The Milken Institute, based in Santa Monica, Calif., is a nonprofit, nonpartisan think tank that works to improve prosperity by sharing ideas gathered through independent research.
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