Florida metros scored high on the Milken Institute/Greenstreet Partners
2007 Best Performing Cities Index for the third year in a row, taking
three of the top six spots. The top-10 performers in descending order
were Ocala, Fla.; Wilmington, N.C.; Riverside-San Bernardino-Ontario,
Calif.; Phoenix-Mesa-Scottsdale, Ariz.; Orlando-Kissimmee, Fla.;
Naples-Marco Island, Fla.; McAllen-Edinburg-Mission, Texas;
Provo-Orem,Utah; Las Vegas-Paradise, Nev.; and Raleigh-Cary, N.C. The index tracks where America's jobs are being created and
sustained. Nationwide trends - including a rebound in the tech sector,
increasing global trade, and even the effects of migration as a result
of Hurricane Katrina - have influenced regional shifts. Yet, despite
these trends, "one of the key distinguishing characteristics of
successful places over the long term is the entrepreneurial strength of
its residents," says Ross DeVol, director of regional economics at
Milken. "Entrepreneurs replenish the jobs lost in declining industries
and firms," he explains.
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