SPRINGDALE NEWS
MILKEN INSTITUTE RANKS REGION 7TH BEST
Springdale’s metropolitan area – the Fayetteville-Springdale-Rogers MSA – has been ranked the 7th Best-Performing City in the United States for 2024. The Best-Performing Cities’ (BPC) large cities list, compiled annually by the Milken Institute, includes the 200 most populous US metropolitan areas. Large cities are further divided into five tiers based on their relative performance, with top-ranked cities in Tier 1 and bottom-ranked cities in Tier 5. The Index, published annually since 1999, reflects cities’ and metro areas’ effectiveness at leveraging their resources to promote economic growth and provide their residents with access to the essential services and infrastructure needed for success. Its components include job creation, wage growth, and the high-tech sector’s output growth. Since 2021, the Index also includes measures of housing affordability and broadband access that reflect access to economic opportunities of cities’ residents. Read the entire report here. https://milkeninstitute.org/sites/default/files/2024-02/BestPerformingCities2024.pdf