2018 Best-Performing Cities | large-cities
Best-Performing Cities
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Large Cities 2018

San Jose-Sunnyvale-Santa Clara, CA MSA

Overall Rank: 2      Population: 1,998,000

San Jose-Sunnyvale-Santa Clara, CA, rises nine spots to claim second place. At the heart of Silicon Valley, the region is home to the highest concentration of high-tech industry GDP in the U.S. This cluster has generated dramatic growth throughout the recovery and expansion, and has earned the San Jose-Sunnyvale-Santa Clara metro the top spot three times since 2012. This year, it scored only slightly behind the Provo-Orem, UT, metro, which outperformed the California tech hub on all our job growth indicators. Led by firms like Apple, Google, and Intel that continue to invest in the region, short-term job growth indicates momentum in the

Metro's Performance in Each Index Component

Component 2013 2014 2015 2016 2017 2018 Score/
Value
5-yr Job Growth1 60  19  49  16  108.67 
1-yr Job Growth2 14  11  10  30  100.87 
5-yr Wages & Salaries Growth3 10  18  123.13 
1-yr Wages & Salaries Growth4 34  103.86 
Short-Term Job Growth5 48  26  25  134  11  102.14% 
5-yr Relative HT GDP Growth6 21  16  64  129.77 
1-yr Relative HT GDP Growth7 49  51  14  16  14  104.27 
High-Tech GDP LQ8 4.46 
# of HT GDP LQs Over 19 15.0 

2017-2018 Growth Comparison (by score)