Strong job growth, particularly in the high-technology sector, helped the Charleston region climb 22 spots to rank No. 17 in this year’s Best Performing Cities Index compiled annually by the Milken Institute, with the latest edition released last week.
The Charleston region out-performed the national average in nearly every economic category, including overall wage growth between 2008 and 2013 and growth in the percentage of gross domestic product created by high-tech industries during the five-year period starting in 2009.
Although the area’s high-tech sector is relatively small, it grew 16 percent faster than the national average during those five years, finishing 12th-best in the U.S.
Read the full article on The Post and Courier