Boston-Best for Business Rankings

kennedy

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Boston got the Number Two spot! Just behind Twin Cities, in front of Denver, Washington, Richmond, Charlotte, Columbus, Nashville, Dallas, and San Francisco. The best part-the thumbnail used to represent the article on the Yahoo! homepage was a rendering of Russia Wharf.

2. Boston -- 302 points: Beantown was ranked fourth a year ago but moved up by 19 points due to better rankings in concentration of Fortune 1000 and S&P 500 companies, as well as small businesses. Boston also climbed the ranks in the jobless category but remained in the bottom 10 in population growth.

Among the local companies that boosted its rankings: PerkinElmer Inc. (PKI) made it into the Fortune 1000, along with Beacon Roofing Supply Inc. (BECN). And different metrics on jobless rates aided its rankings.

Like Minneapolis-St. Paul, Boston benefits from a workforce that's often been trained at the area's dozens upon dozens of higher-learning institutions, including the venerable Harvard University and the highly regarded Massachusetts Institute of Technology, as well as Boston University, the city's No. 4 employer.

That's helped the Hub City create a wide diversity of companies in health care, finance, higher education, high tech and tourism.

"It really is the skilled workforce that drives these industries," said Tim Sweeney, director of public policy at the Greater Boston Chamber of Commerce. "Having that balance [of firms] has really helped us to sustain the economy."

from: http://finance.yahoo.com/career-work/article/106244/Players-Shift,-but-Twin-Cities-Still-Best-for-Business
 
Also, we beat NYC! (and Birmingham)

Dropped from top 10: New York and Birmingham, Ala.: The biggest U.S. city and one of the least populous metropolitan areas in the study dropped out due to various reasons.

New York gained eight points but fell prey to other regions' more dramatic advances. The city moved up 15 spots in the unemployment rankings and eight spots in job growth. But it lost ground in other categories, particularly on the small-business measure.

The Big Apple ended up just outside the top 10 in 11th place, down from eighth a year ago. It scored 257 points this year.

Birmingham, meanwhile, fell 10 spots, from ninth to 19th, and lost 22 points to end up with a score of 226. The city remains in the top spot for concentration of Forbes private companies, but it lost significant ground by shedding one Russell 2000 firm and two Fortune 1000 companies.

from: the same place
 

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