Huntsville Rated #3 City for Job Creation

[Huntsville] – In a report released on October 14, 2010, The Milken Institute named Huntsville, Alabama its #3 Top Performing City for Job Creation and Sustainability.  AFS is proud to be a part of this vibrant community and works to make the homes and buildings in the Huntsville Metro Area, and the entire state of Alabama, safe for families.

Leaders in this year’s index, which ranks U.S. metros based on their ability to create and sustain jobs, are all metros that were shielded from losses in the production of capital equipment and consumer durable goods. Diversified technology bases, including high-tech manufacturing; reliance on service industries; having a large military presence and a relatively small presence of financial services were common characteristics in this year’s top performers.

The 2010 top 10 performers (with 2009 rankings) of the 200 largest metros:

1. Killeen-Temple-Fort Hood, TX (2)
2. Austin-Round Rock, TX (1)
3. Huntsville, AL (8)
4. McAllen-Edinburg-Mission, TX (4)
5. Kennewick-Richland-Pasco, WA (n.a.)
6. Washington-Arlington-Alexandria, DC-VA-MD-WV (25)
7. Raleigh-Cary, NC (10)
8. Anchorage, AK (40)
9. El Paso, TX (14)
10. Houston-Sugar Land-Baytown, TX (5)

The Best Performing Cities Index includes both long-term (five years) and short-term (one year) measurements of employment and salary growth. There are also four measurements of technology output growth, which are included because of technology’s crucial role in creating good jobs and driving regional economies.

The Index ranks 379 metros, grouped into large (population of more than 200,000) and small (population of less than 200,000) metros. Population changes and modifications in how the U.S. Census defines certain metropolitan areas added 55 metros to this year’s Index. Because of these changes, last year’s ranking is not available for all metros.

About the Milken Institute:
The Milken Institute is an independent economic think tank whose mission is to improve the lives and economic conditions of diverse populations in the United States and around the world by helping business and public policy leaders identify and implement innovative ideas for creating broad-based prosperity.

We put research to work with the goal of revitalizing regions and finding new ways to generate capital for people with original ideas.

We’re always looking for great talent here at AFS! Check out our Career’s page to view our current openings.

Source: Huntsville Madison County Chamber of Commerce

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