Governor Jack Dalrymple today said the Milken Institute's latest ranking of U.S. cities is further evidence that North Dakota's economy is strong and growing stronger.
Three North Dakota cities ranked highly in the 2011 Milken Institute Best-Performing Cities Index (124 smallest metro listing). Bismarck ranked second in the index, followed by Fargo's ranking of seventh and Grand Forks at 24th.
"These rankings by the Milken Institute are evidence of North Dakota's strong economy, diverse community offerings and good quality of life," Dalrymple said. "It is also strong evidence that our local leaders and businesses are working hard to support a growing economy that is creating new jobs."
The 2011 Milken Institute Best-Performing Cities Index ranks 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.
The annual index provides a snapshot of where America's jobs are being created and sustained. It factors in both long and short-term indicators of employment and salary growth, as well as technology output measurements.