Monday, December 19, 2011

4 Utah cities make top 25 list for business

By Jasen Lee



SALT LAKE CITY — The Milken Institute Friday announced that three of Utah’s large metro cities — Salt Lake City, Provo and Ogden — all ranked among the nation’s top 25 locations for business.
Among small cities, Logan ranked No. 1.
The Best-Performing Cities index ranked the nation's 200 large metropolitan areas on measures including job, wage and technology performance.
In the Institute's index, employment growth was weighted most heavily due to its critical importance to community vitality. Wage and salary growth measured the quality of jobs created and sustained, a release stated.
Utah metro areas made an impressive showing, with three metros in the Top 25 compared to only one metro recognized last year. Salt Lake City ranked sixth, Provo ranked ninth and ranked 15th, Ogden climbed 32 positions.
“This new research by the Milken Institute is further evidence that Utah continues to be the most impressive economy in the country,” said Gov. Gary Herbert. “Our work ethic, our skilled labor force, and our business-friendly environment — exemplified by these four cities — continue to fuel expansion and job growth in Utah.”

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