The 2013 Milken Institute Best-Performing Cities Index ranks U.S. metropolitan areas by how well they are creating and sustaining jobs and economic growth. The components include job, wage and salary, and technology
growth. In most years, these give a good indication of the underlying structural performance of regional economics.
The Milken Institute’s annual “Best-Performing Cities” index shows that technology and energy are the biggest forces behind America’s booming cities.
Austin, Texas, reclaimed the No.1 spot based on a booming technology sector. Similarly, the rest of the top five all enjoy thriving tech sectors: Provo, Utah (second, up from seventh last year); San Francisco (third, up from 36th); San Jose (fourth, down from first) and Salt Lake City (fifth, up from sixth).
Read more: Milken Institute http://www.best-cities.org/bestcities.taf?rankyear=2013&type=Large-Cities-Rankings