CALIFORNIA BUSINESS MINUTE Best Cities 12-17-09
Hi, I am Tim Johnson and welcome to the California Business Minute.
This year, MarketWatch expanded its search for the best city for business to include any metro area with 500,000 people or more thus doubling its search. And because of the change in methodology, Des Moines, Iowa was identified as the best place in the nation to do business according to this year’s survey.
Unfortunately, no California cities made it into the top ten. But apparently expanding the list to include smaller cities was a godsend for many of those that were in the bottom 10 last year. For example Sacramento, was one such community benefiting from the change in methodology. Sacramento climbed seven spaces out of the bottom 10. And Los Angeles, which languished in the bottom 10 in both the 2007 and 2008 surveys also benefited from the broader survey, because it was helped by the fact that two adjacent areas were dropped from inclusion in its metro area: Riverside and Oxnard.
San Jose ranked at 27th was the highest ranked of the cities in the state, followed by San Francisco at 40th, San Diego at 43rd, Oxnard at 62nd, Los Angeles 64th, Modesto at 73rd, Sacramento at 85th and Riverside at 91st, and sadly, Bakersfield, Stockton and Fresno are all in the bottom ten of the list.
Top Ten Best Places 1. Des Moines,IA 2. Washinton DC 3. Omaha 4. Minneapolis-St.Paul 5. Boston 6. Boise 7. Denver 8. Salt Lake 9. Dallas-Ft. Worth 10. Bridgeport, CT
Bottom Ten 92. New Orleans 93. Bakersfield 94. Detroit 95. Tucson 96. Augusta, GA 97. Worchester, MA 98. Stockton 99. Scranton, PA 100. Fresno 101. Youngstown, OH
I am Tim Johnson and this has been the California Business Minute.
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