Best-Performing Cities
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Large Cities 2014

Peabody, MA MD

Overall Rank: 55      Population: 762,550

The 2014 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. In most years, these give a good indication of the underlying structural performance of regional economics.

Metro's Performance in Each Index Component

Component 2011 2012 2013 2014 Score/
Value
5-yr Job Growth1     54  44  30  34  103.10 
1-yr Job Growth2     16  108  107  96  101.61 
5-yr Wages & Salaries Growth3     122  77  54  52  112.01 
1-yr Wages & Salaries Growth4     71  15  55  111  103.48 
Short-Term Job Growth5     102  57  126  81  99.81% 
5-yr Relative HT GDP Growth6     151  53  114  109  92.51 
1-yr Relative HT GDP Growth7     81  184  174  97.31 
High-Tech GDP LQ8     10  16  1.76 
# of HT GDP LQs Over 19     14.0 

2013-2014 Growth Comparison (by score)