BEST-PERFORMING CITIES 2020 - Milken Institute

BEST-PERFORMING CITIES 2020

Where America's Jobs Are Created and Sustained

Michael C.Y. Lin, PhD, Joe Lee, and Perry Wong

BEST-PERFORMING CITIES 2020

Where America's Jobs Are Created and Sustained

Michael C.Y. Lin, PhD, Joe Lee, and Perry Wong

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ABOUT THE MILKEN INSTITUTE The Milken Institute is a nonprofit, nonpartisan think tank. For the past three decades, the Milken Institute has served as a catalyst for practical, scalable solutions to global challenges by connecting human, financial, and educational resources to those who need them. Guided by a conviction that the best ideas, underresourced, cannot succeed, we conduct research and analysis and convene top experts, innovators, and influencers from different backgrounds and competing viewpoints. We leverage this expertise and insight to construct programs and policy initiatives. These activities are designed to help people build meaningful lives in which they can experience health and well-being, pursue effective education and gainful employment, and access the resources required to create ever-expanding opportunities for themselves and their broader communities.

ABOUT THE CENTER FOR REGIONAL ECONOMICS The Center for Regional Economics produces research, programs, and events designed to inform and activate innovative economic and policy solutions to drive job creation and industry expansion.

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Table of Contents

EXECUTIVE SUMMARY............................................................................................1 Best-Performing Large City............................................................................................ 2 Biggest Gains.....................................................................................................................3 Best-Performing Small City............................................................................................3

INTRODUCTION........................................................................................................4 An Emphasis on Outcomes........................................................................................... 5 National Economic Conditions..................................................................................... 6 Biggest Gains.................................................................................................................... 7 Biggest Drops................................................................................................................... 8

TOP 25 BEST-PERFORMING LARGE CITIES......................................................9

COMPLETE RESULTS: 2020 BEST-PERFORMING LARGE CITIES............. 24

TOP 10 BEST-PERFORMING SMALL CITIES................................................... 29

COMPLETE RESULTS: 2020 BEST-PERFORMING SMALL CITIES............. 37

ENDNOTES............................................................................................................... 42

ACKNOWLEDGMENTS......................................................................................... 49

ABOUT THE AUTHORS......................................................................................... 49

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