The Milken Institute has released a report noting the technological attributes—jobs, wages, etc, of the different technological arenas within the metro areas of North America, and Sacramento ranks 54th—up from 55th last year—of the 393 areas profiled.
An excerpt.
“The study includes benchmarking for 2003 for metros in the United States and Canada and states in Mexico. (This was the latest available data for Mexico and the best way to ensure an accurate analysis. Mexico does not have data available at the metro level.) The 2007 benchmarking data is the latest available data for U.S. and Canadian metros.
“Like most of the economy, the high-tech sector has taken a beating in the last six months, but recent numbers shows that these cuts may be leveling off and the sector could be primed to once again be an engine of sustainable growth when recovery begins to take root.
“Cities with strong high-tech bases will perform best as the economy recovers because the jobs generated by these fields pay so well. That’s why so many regions have worked tirelessly – with tax breaks and other incentives – to attract high-tech industries, whether computer manufacturing, medical devices development or life sciences research.”
