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Charlotte County Economic Development - Best Places

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

 

   

Forbes/Miliken 2005

 
 
 
Congratulations!
 
The Punta Gorda MSA Voted #22
 

Punta Gorda was once again recognized by The Miliken Institute, a nonprofit independent economic organization based in Santa Monica, California. Ranking at No. 22 on the list of Best Performing Small Cities of 2005. Punta Gorda MSA bested all small cities as far as inroads made in wages and salaries in the past 5 years coming in at #1; Punta Gorda MSA ranked 14th in job growth for a one-year period. The other categories considered were high technology growth and population growth.

 

The Rankings:
Punta Gorda MSA
Overall Rank: 22
Population: 157,000
 
Score
Rank
Job growth
(Index = 1999; 20041
107.67
36
Job growth
(Index = 2003; 2004)2
103.45
14
Wages & salaries growth
(Index = 1998; 2003)3
126.61
1
Wages & salaries growth
(Index = 2002; 2003)4
108.04
4
Short-term job growth5
1.047%
(growth)
23
Relative HT GDP
(Index = 1999; 2004)6
94.78
125
Relative HT GDP
(Index = 2003; 2004)7
102.38
44
High-Tech GDP LQ - 20048
0.27
167
# of HT GDP LQs Over 1 - 20049
0.0
157
 
1 Metropolitan area job growth relative to the United States average between 1999 and 2004. U.S. average = 100.0
 
2 Metropolitan area job growth relative to the United States average between 2003 and 2004. U.S. average = 100.0
 
3 Salary and Wage disbursements growth relative to the United States average between 1998 and 2003. U.S. average = 100.0
 
4 Salary and Wage disbursements growth relative to the United States average between 2003 and 2004. U.S. average = 100.0
 
5 Job Growth/decline between July 2004 and July 2005. U.S. average = 100.0
 
6 High tech sector output growth relative to the United States average between 1999 and 2004. U.S. average = 100.0
 
7 High tech sector output growth relative to the United States average between 2003 and 2004. U.S. average = 100.0
 
8 Combined Metropolitan area high tech location quotient during 2004. 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 2004.
   
         
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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