Home » News
Home » News

Provo-Orem, SLC rank high in performance

Published January 23, 2014 8:59 am

Job Growth • Milken Institute cites Utah metro areas for producing jobs, growth.
This is an archived article that was published on sltrib.com in 2014, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Provo-Orem came in second and Salt Lake City was fifth in the Milken Institute's ranking of the "Top 25 Best-Performing Large Cities."

An independent economic think tank, the nonprofit Milken Institute "believes in the power of capital markets to solve urgent social and economic challenges."

Its rankings are based on long- and short-term growth in jobs, wages, salaries and technology output. Provo-Orem was cited for its expanding technology sector and job growth, Salt Lake City for strong job growth in a diversified economy.

"This accolade speaks to the hard work being done in the state to create a business friendly environment focused on recruiting and retaining top companies," said Spencer P. Eccles, executive director of the Governor's Office of Economic Development.

Eccles noted that researchers at Harvard and the University of California at Berkeley also said recently that Salt Lake City is the country's top city for economic mobility.

"There is an 11.5 percent chance that a child born in the bottom economic [20 percent] in Salt Lake City could end up in the top economic quintile in his or her life," he added. "The fabled American Dream is more likely to be achieved in Salt Lake City than any other U.S. city. "

Mike Gorrell




Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
comments powered by Disqus