Fayetteville Ranked as 31st Best Performing City in America
For Immediate Release December 1, 2009
Results Published in the Milken Institute's "Best Performing Cities 2009: Where America's Jobs are Created and Sustained."
In their annual economic performance index, the Milken Institute ranked Fayetteville, NC, the 31st Best Performing Large city in the nation.This is a jump from 52nd place last year and a leap of 131 places since 2003.
“This type of recognition from outside sources is great for the city of Fayetteville and the entire County,” said Doug Peters, Chamber President. “It’s time that people see Fayetteville as a major player in the economic development of the State.”
This year Fayetteville ranked third in the state behind Durham and Raleigh and was only one of two North Carolina cities on the list that did not decline in the rankings.In 2008 Fayetteville ranked 6th in the state behind Asheville, Charlotte, Durham, Raleigh, and Wilmington.
Cities in the index were ranked based on how well they create and foster jobs, and the data used in the assessment reflected both long- and short-term measurements of employment, wage/salary, and technology growth.