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Charlotte County Economic Development - Best Places

Charlotte County Economic Development Office...It's all work and all play.
 

 

   

Forbes/Miliken 2003

 
 
 
Congratulations!
 
The Punta Gorda, Florida MSA Voted #7
 
Punta Gorda was ranked among the top 10 small metropolitan areas in a study by an economic think tank.  The Miliken Institute, a nonprofit independent economic organization based in Santa Monica, California, ranked Punta Gorda at No. 7 on the list of the 96 smallest metros, part of its annual Best Performing Cities list.  The Best Performing Cities ranks 296 metropolitan areas in the United States based on wage and salary, job and high-tech output growth, according to the Miliken Institute's Web site.  The index measures actual performance versus future performance indicators.
 

The Rankings:
Punta Gorda, FL
Overall Rank: 7
Population: 147,00 
 
Score
Rank
Job growth
(Index = 1997; 2002)1
109.15
3
Job growth
(Index = 2001; 2002)2
101.93
16
Wages & salaries growth
(Index = 1996; 2001)3
103.98
7
Wages & salaries growth
(Index = 2000; 2001)4
104.65
7
Short-term job growth5
1.20%
(growth)
36
Relative HT GDP
(Index = 1997; 2002)6
93.01
30
Relative HT GDP
(Index = 2001; 2002)7
101.20
48
High-Tech GDP LQ - 20018
0.26
52
# of HT GDP LQs Over 1 - 20019
1.0
29
 
1 Metropolitan area job growth relative to the United States average between 1997 and 2002. U.S. average = 100.0
 
2 Metropolitan area job growth relative to the United States average between 2001 and 2002. U.S. average = 100.0
 
3 Salary and Wage disbursements growth relative to the United States average between 1996 and 2001. U.S. average = 100.0
 
4 Salary and Wage disbursements growth relative to the United States average between 2000 and 2001. U.S. average = 100.0
 
5 Job Growth/decline between December 2001 and December 2002. U.S. average = 100.0
 
6 High tech sector output growth relative to the United States average between 1997 and 2002. U.S. average = 100.0
 
7 High tech sector output growth relative to the United States average between 2001 and 2002. U.S. average = 100.0
 
8 Combined Metropolitan area high tech location quotient during 2002. Location Quotient (LQ) is a measure of high tech concentration (U.S. = 1.0). A metro with an LQ higher than 1.0 is said to be more concentrated than the United States and vice versa.
 
9 Measures the number of high technology industries with a location quotient (LQ) above the U.S. average of 1.0 during 2002
   
         
18501 Murdock Circle, Suite 502 • Port Charlotte, FL 33948 • 941/627-3023 • FAX 941/627-6314

Charlotte County Economic Development Office

18501 Murdock Circle, Suite 502

Port Charlotte, FL  33948

(941) 627-3023 ● (800) 729-5836

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