The Milken Institute ranked the Charleston metropolitan area No. 12 for five-year growth in gross domestic product in the high-tech sector.
Milken’s Best-Performing Cities index placed Charleston No. 17 overall for 2015 report, 22 spots higher than its 2014 ranking. The index includes several criteria, such as five-year GDP, salary growth and location quotient, among other data points.
“Although the metro’s high-tech sector is still relatively small, it grew 16% faster than the national average over the past five years, ranking 12th in this measure,” Milken stated in its report.