Lynchburg MSA
ranks second in state in 2008 Best-Performing Cities
Index
The growing technology base and job growth once again helped to boost the
Lynchburg, Virginia Metropolitan Statistical Area (MSA) to top national
rankings. In The Milken Institute / Greenstreet Real Estate Partners Best
Performing Cities Index that was released this week, Lynchburg ranked 71 of the
200 largest metros in the nation, up 39 positions over last year.
Lynchburg ranked second in Virginia’s large metros in the study, just
behind the Washington-Arlington-Alexandria region that topped the state with a
rank of 41 of 200 large metros. Virginia Beach, Richmond, Kingsport/Bristol, and
Roanoke followed respectively.
“This year’s rankings demonstrate our
strengths in the number of jobs being created and sustained in our region,” said
R. Bryan David, Executive Director, Region 2000 Economic Development Council.
“With our diverse industry base and the recent growth in the nuclear energy
field, this ranking is evidence of our region’s continued economic
strength.”
The index tracks U.S. metropolitan areas by how well they are
creating and sustaining jobs and economic growth. The components include job,
wage and salary, and technology growth.
This ranking follows a Forbes
Best Places for Business and Careers list that ranked Lynchburg in the top 24 of
200 large metros in April 2008.
To view the full Milken Institute
report, please visit http://bestcities.milkeninstitute.org/.