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Introduction
 
Overview & Methodology
 
The Rankings
 
Summary of Results

THE INDICATORS

PART I: KNOWLEDGE JOBS
 
Managerial, Professional, and Technical Jobs


Workforce Education
 
PART II: GLOBALIZATION
 
Export Focus of Manufacturing
 
PART III: ECONOMIC DYNAMISM
 
"Gazelle" Jobs

Job Churning

New Publicly Traded Companies
 
PART IV: THE DIGITAL ECONOMY
 
Online Population

Broadband Telecommunications Capacity

Computer Use in Schools

Commercial Internet Domain Names


Internet Backbone
 
PART V: INNOVATION CAPACITY
 
High-Tech Jobs

Degrees Granted in Science and Engineering

Patents

Academic Research and Development Funding

Venture Capital
 
ECONOMIC DEVELOPMENT STRATEGIES
 
Data Sources

 
The Metropolitan Areas and their Major Cities
 
Weighting Methodology
 
Endnotes
 
The Authors

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BROWSE BY METRO AREA:
The Metropolitan New Economy Index
PART I: KNOWLEDGE JOBS

Knowledge Jobs

In the old economy, metro areas prospered by having a large number of jobs and workers who could work on "assembly lines" to produce goods or process information. In the New Economy, globalization and the information technology revolution make it easier for more low-value-added standardized goods and information processing jobs to locate in cheaper areas. As a result, larger metro areas will prosper if their workers are good with their minds and are employed in the knowledge- and information-based jobs driving the New Economy. Many of these jobs tend to be managerial, professional, and technical positions held by individuals with at least two years of college.

In the old economy, the focus was on attracting and growing companies, with the view that workers with more or less interchangeable skills would follow the jobs. In a knowledge economy with low unemployment, companies place more importance on attracting and retaining talent. Moreover, highly skilled workers are more geographically mobile than workers with less education, which makes quality-of-life factors much more important. As a result, a key ingredient in determining a region's success is its ability to attract (and develop) knowledge workers.

The knowledge jobs indicators in this section measure two things: 1) the share of the workforce employed in managerial, professional, and technical positions; and 2) the education level of the workforce.

Knowledge Jobs

100th-76th Percentile
75th-51st Percentile
50th-26th Percentile
25th-1st Percentile
 
METRO AREAS BY RANK
Rank Metro Area Score
1 Washington 14.2
2 Denver 12.8
3 Minneapolis 12.8
4 Austin 12.8
5 Raleigh-Durham 12.3
6 Seattle 12.1
7 San Francisco 11.9
8 Boston 11.7
9 Hartford 11.5
10 Salt Lake City 11.2
11 San Diego 11.1
12 Oklahoma City 10.8
13 Nashville 10.8
14 Philadelphia 10.7
15 Atlanta 10.7
16 Cincinnati 10.7
17 New York 10.6
18 Rochester 10.5
19 Cleveland 10.4
20 Buffalo 10.4
21 Dayton 10.3
22 Columbus 10.1
23 Richmond 10.1
24 Portland 10.1
25 Norfolk 10.1
26 Charlotte 9.9
27 Dallas 9.9
28 Indianapolis 9.8
29 Detroit 9.8
30 Pittsburgh 9.7
31 Houston 9.7
32 Milwaukee 9.6
33 Sacramento 9.6
34 New Orleans 9.1
35 Chicago 8.9
36 Kansas City 8.9
37 St. Louis 8.4
38 Phoenix 8.3
39 Louisville 8.2
40 Miami 7.7
41 Orlando 7.5
42 West Palm Beach 7.4
43 Grand Rapids 7.2
44 Greensboro 7.2
45 Jacksonville 7.2
46 Tampa 7.1
47 Las Vegas 7.1
48 Memphis 7.0
49 Los Angeles 6.6
50 San Antonio 6.4
Top 50 Metro Average 9.8
    
ALPHABETICALLY
Metro Area Rank Score
Atlanta 15 10.7
Austin 4 12.8
Boston 8 11.7
Buffalo 20 10.4
Charlotte 26 9.9
Chicago 35 8.9
Cincinnati 16 10.7
Cleveland 19 10.4
Columbus 22 10.1
Dallas 27 9.9
Dayton 21 10.3
Denver 2 12.8
Detroit 29 9.8
Grand Rapids 43 7.2
Greensboro 44 7.2
Hartford 9 11.5
Houston 31 9.7
Indianapolis 28 9.8
Jacksonville 45 7.2
Kansas City 36 8.9
Las Vegas 47 7.1
Los Angeles 49 6.6
Louisville 39 8.2
Memphis 48 7.0
Miami 40 7.7
Milwaukee 32 9.6
Minneapolis 3 12.8
Nashville 13 10.8
New Orleans 34 9.1
New York 17 10.6
Norfolk 25 10.1
Oklahoma City 12 10.8
Orlando 41 7.5
Philadelphia 14 10.7
Phoenix 38 8.3
Pittsburgh 30 9.7
Portland 24 10.1
Raleigh-Durham 5 12.3
Richmond 23 10.1
Rochester 18 10.5
Sacramento 33 9.6
Salt Lake City 10 11.2
San Antonio 50 6.4
San Diego 11 11.1
San Francisco 7 11.9
Seattle 6 12.1
St. Louis 37 8.4
Tampa 46 7.1
Washington 1 14.2
West Palm Beach 42 7.4

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Metro Index Home | Introduction | Overview &
Methodology
| The Rankings | Summary of Results
Development Strategies | Data Sources
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