Tuesday, December 13, 2011

Top 10 Best cities for business in America

The recession spared few U.S. cities, wiping out 9.4 million jobs between November 2007 and August 2009. Many will never return, and those that do you probably won’t find on the East or West Coast. For the most active areas of job creation (and lower costs of doing business) you have to go to the heartland, home to 80% of the top 25 regions on our list of Best Places for Business.

"Washington's been adding a tremendous number of jobs for a number of years," said Kevin Klowden, a managing economist at the Milken Institute in Santa Monica, Calif. Klowden and other institute researchers recently performed their own study on the best cities for business and ranked Washington high on their list as well, sixth overall and tops among major metropolitan regions.

The Top Cities in America for doing business are not at all where most people think, and there's good data to back that up. This year Inc. publishes an exclusive Top Cities list, using a brand-new methodology that we believe to be the most objective, reliable system used anywhere for ranking fertile ground for companies.

The categories and weightings, for a total of 2,500 points, are:

  • Cost of Doing Business (450 points)
  • Workforce (350 points)
  • Quality of Life (350 points)
  • Economy (314 points)
  • Transportation & Infrastructure (300 points)
  • Technology & Innovation (250 points)
  • Education (175 points)
  • Business Friendliness (175 points)
  • Access to Capital (50 points)
  • Cost of living (25 points) Read more....

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