These 10 big cities had the best economic growth in 2015

Metro areas involved in designing high-tech hardware and software and social media apps had a leg up on other cities, according to a recent Milken Institute report.

By Dan Berman | Updated on January 22, 2016

As the U.S. economy heads toward normalcy — the latest evidence being the Federal Reserve’s decision to raise interest rates — we got to wondering which cities can most boast about their economies.

The Santa Monica, Calif.-based Milken Institute has drilled down using a host of metrics to find the metro areas whose economic engines are firing on all cylinders. Milken divided cities into large and small, growth in jobs and wages and the robustness of high-tech industries as key benchmarks in its formula. The growth scores index job and pay growth against the national average, which gets a score of 100.

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