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The Charleston metro area remained one of the nation’s top places for economic development in 2017, although it fell six spots in the annual Milken Institute rankings released last week.
The “Best Performing Cities” report ranked the Charleston metro area — which includes Charleston, Berkeley and Dorchester counties — at No. 22, down from No. 16 the previous year.
The updated study cited a decline in short-term job growth as one reason for the drop, but added the region “has been among the top 40 in our ranking since 2005, showing a stable economic performance in the recent decade.”
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