Palm Beach County continues to move up Best-Performing Cities ranking, but job growth a weak spot

West Palm Beach skyline. Photo by Lannis Waters/The Palm Beach Post

West Palm Beach skyline. Photo by Lannis Waters/The Palm Beach Post

Palm Beach County notched another improvement in the Milken Institute’s annual Best-Performing Cities list. Our metro area ranks 36th this year, up from 50th last year and a lowly 163rd in 2013.

However, Palm Beach County trailed other Florida metro areas, including Orlando (No. 9), Fort Myers (No. 15), Naples (No. 17), Sarasota (No. 26), Fort Lauderdale (No. 28) and Tampa (No. 33).

Palm Beach County was held back by comparatively weak job growth over the past year. While Florida’s construction industry is posting big gains, Palm Beach County’s building sector hasn’t rebounded as quickly.

The Milken Institute also ranks Palm Beach County low on measures of the high-tech economy, including high-tech GDP growth.

San Jose remains atop the list, followed by Provo, Utah, and Austin, Texas. Shreveport, Louisiana, ranks dead last on the 200-city ranking.

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