Technology is driving new economies. A strengthening tech corridor helped Provo-Orem, Utah, top a new index on best economic performance among large cities in the U.S., according to the newly released 2021 Milken Institute’s Best-Performing Cities Index. A high-tech industry presence also helped drive job growth and economic performance for Idaho Falls, Idaho, which topped the list as the best-performing economy for a small city.
The annual index measures economic vitality in 200 large metro areas and 201 small metro areas, factoring in job creation, wage growth, and innovation industry metrics. This year’s index also reflects how the pandemic has impacted economies nationwide. This year Milken added housing affordability and broadband access among its variables.
Find the index, including seven cities in Idaho, Washington and Oregon, here.