Provo-Orem, UT, claims first place on the 2017 Best-Performing Cities index. By a wide margin, the region outperformed larger metros competing for the top spot thanks to a stellar performance across all nine indicators. The Provo region’s consistently strong economy has numbered among the Top 3 in the U.S. for each of the past five years. Home to Brigham Young University (BYU) and a growing technology and entrepreneurial community, the region is adding to its workforce and reaping the rewards of a vibrant industry on the broader economy.
Component | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | Score/ Value |
---|---|---|---|---|---|---|---|
5-yr Job Growth1 | 30 | 31 | 3 | 3 | 2 | 1 | 103.81 |
1-yr Job Growth2 | 3 | 1 | 1 | 11 | 2 | 1 | 118.70 |
5-yr Wages & Salaries Growth3 | 17 | 30 | 28 | 10 | 6 | 3 | 104.71 |
1-yr Wages & Salaries Growth4 | 133 | 17 | 4 | 5 | 32 | 4 | 116.27 |
Short-Term Job Growth5 | 31 | 7 | 33 | 1 | 9 | 7 | 101.96% |
5-yr Relative HT GDP Growth6 | 6 | 9 | 10 | 15 | 10 | 12 | 108.31 |
1-yr Relative HT GDP Growth7 | 71 | 12 | 10 | 6 | 1 | 3 | 130.98 |
High-Tech GDP LQ8 | 23 | 22 | 24 | 18 | 13 | 16 | 1.73 |
# of HT GDP LQs Over 19 | 23 | 19 | 22 | 26 | 16 | 20 | 9.0 |