Raleigh has economic momentum, according to Joel Kotkin's ranking

mcornatzer@newsobserver.comDecember 27, 2013 

A new list for a coming new year, and Raleigh is on it. A website called newgeography.com crunched some data with help from Praxis Strategy Group and came up with a list of the metro areas that have the most economic momentum going into 2014. Raleigh ranked No. 9, behind such cities as Austin at No. 1 and Denver at No. 7, but just ahead of San Jose, which ranked 10th. Detroit was 52nd.

The key metrics used? GDP growth, job growth, real median household income and current unemployment to gauge economic vitality. And to measure demographic strength, they looked at population growth, birth rate, domestic migration and the change in educational attainment.

The man behind newgeograpy.com is Joel Kotkin, who also wrote a book by the same name several years ago in which he classified the Triangle as a “nerdistan” (a k a boring).

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