Louisville Metro tumbled 22 spots in the 2009 Milken Institute/ Greenstreet Real Estate Partners report, which ranks the 200 largest metros in the country based mainly on jobs and economic growth.
Louisville Metro — which includes Clark and Floyd counties — ranked 153, down from 131 in 2008. Four of the top five metros are in Texas with Austin leading the way, according to the Milken Institute.
Jobs, wages and technology growth are some of the variables considered for the study. Louisville Metro fell behind the Clarksville, Tn.; Cincinnati; Hunnington, Wv.; Indianapolis and Fort Wayne among metros attributed to Kentucky and Indiana in the report.
Employment losses tied to manufacturing in the last year undoubtedly contributed to the low ranking said Uric Dufrene, Sanders chair of the Indiana University Southeast business department.
“But over the long term, Louisville has also experienced losses in manufacturing and has not seen growth in sectors like information and professional and business services,” Dufrene said.
And compared with the metros that scored well, Louisville scored low when in comes to job development.
“Looks like Louisville ranked low in short term and long term job growth, compared to other metro areas,” Dufrene said. “The lowest rankings for Louisville Metro also appeared in the high tech area.”
ON THE WEB
• bestcities.milkeninstitute.org
Floyd County
November 21, 2009
Louisville, Southern Indiana area rank low for job growth
Area ranked 153 out of 200 largest metros
- Floyd County
-
-
Most area graduation rates above state average
According to a release from IDOE, Indiana’s state graduation rate came in at 85.7 percent. About 45 percent of high schools met or exceeded the 90 percent mark and 83 percent graduated 80 percent of their seniors or more.
- NEWS AND TRIBUNE BRIEFS — Feb. 11-12
- Meth lab numbers increase sharply in 2011
-
Fun for the whole family
- Georgetown man facing drug charges
-
New Albany man accused of ‘sexting’ 11-year-old
- Crowded slate set for May primary
- Winter weather advisory issued for Southern Indiana
-
New Albany City Council will be asked to clarify audit issue over sewer rates
Several members from the audience also questioned other financial matters of the city, and whether the council was aware that Gibson received health insurance as city attorney under England though it had been stated by the previous administration his contract did not include medical benefits.
- News and Tribune briefs for Feb. 10, 2012
- More Floyd County Headlines
-
Most area graduation rates above state average
