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Boardroom Advisory

Top 12 American Cities Based On Their Overall Attractiveness For Business

The North Carolina State Capitol Raleigh snagged the top spot on Forbes Magazine’s annual list of “the best places for business and careers in 2014,” followed by Des Moines, Iowa at no. 2, Provo, Utah coming in third, Denver at no. 4, and Fort Collins at no. 5. These top 12 metro area cities are business-friendly and generate plenty of jobs, too

The top five cities are frequent front-runners on entrepreneurial lists, and have something in common: startups.

Here is a list of the top 12 American cities based on their overall attractiveness for business and careers: who has the best and worst business climates?

1. Raleigh, North Carolina capital, ranks first this year, moving up from 3rd in 2013, has a population of about 1,233,700, gross metro product (GMP) of $61 billion, projected to have annual GMP growth of at least 3.8 percent.

2. Des Moines, Iowa capital and last year’s top-ranked city, drops back to 2nd, has a population of about 594,900, gross metro product (GMP) of $38 billion, projected to have annual GMP growth of at least 4 percent.

3. Provo, Utah has a population of about  567,000, gross metro product (GMP) of $19 billion, projected to have annual GMP growth of at least 2.9 percent.

4. Denver has a population of about 2,687,300, gross metro product (GMP) of $157 billion, projected to have annual GMP growth of at least 3.5 percent.

denver

5. Fort Collins, Colo. has a population of about 317,500, gross metro product (GMP) of $15 billion, projected to have annual GMP growth of at least 7.3 percent.

6. Lincoln, Neb. has a population of about 313,900, gross metro product (GMP) of $17 billion, projected to have annual GMP growth of at least 3.0 percent.

7. Oklahoma City, Okla. has a population of about 1,313,200, gross metro product (GMP) of $61 billion, projected to have annual GMP growth of at least 3.2 percent.

8. Salt Lake City, Utah has a population of about 1,181,300, gross metro product (GMP) of $74 billion, projected to have annual GMP growth of at least 3.9 percent.

9. Seattle, WA has a population of about 2,779,000, gross metro product (GMP) of $212 billion, projected to have annual GMP growth of at least 3.1 percent.

10. Nashville, TN has a population of about 1,670,200, gross metro product (GMP) of $87 billion, projected to have annual GMP growth of at least 3.4 percent.

11. Ogden, UT has a population of about 576,000, gross metro product (GMP) of $21 billion, and median household income: $63,322.

12. Charlotte, NC has a population of about 1,877,000, gross metro product (GMP) of $106.9 billion, is now the second largest banking center in the United States after New York City.

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Analysts rank 200 largest metro areas in the country from best to worst, evaluating factors such as jobs, cost of living and doing business, income growth, quality of life and education. On the other end of the spectrum, Hickory was listed as one of the worst places for business – at No. 191. For more on Which American cities have the highest job-creation rates?

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License and Republishing: The views in this article are the author’s own and do not represent CEOWORLD magazine. No part of this material may be copied, shared, or published without the magazine’s prior written permission. For media queries, please contact: info@ceoworld.biz. © CEOWORLD magazine LTD

Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA
Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA, is a publishing executive and economist who serves as CEO and Editor-in-Chief of CEOWORLD Magazine, one of the world's most influential and widely read business publications. He also chairs its Advisory Board, shaping the magazine’s editorial vision and global strategy.

Dr. Amarendra earned his Ph.D. in Finance and Banking from the European Global School, Paris, a Doctorate in Chartered Accountancy from the European International University, Paris, and a Doctorate in Business Administration (DBA) from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He also holds an MBA in International Relations and Affairs from the American University of Athens, Alabama.

Equal parts economist, strategist, and publishing visionary, Dr. Amarendra has built CEOWORLD Magazine into a trusted platform where CEOs, executives, and high-net-worth leaders turn for ideas that matter and insights that last.


Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA, serves on the Executive Council at CEOWORLD Magazine. Follow him on LinkedIn, Facebook, and Twitter for insights, or explore his official website to learn more about his work.