Columbia Ranked Best Performing Small City in U.S.

6 years 7 months 3 weeks ago Monday, December 09 2013 Dec 9, 2013 Monday, December 09, 2013 4:39:00 PM CST December 09, 2013 in News
By: Taeler De Haes, KOMU Reporter
loading

COLUMBIA - Columbia was ranked No. 1 best-performing small city in the country. The data came from the Milken Institute's annual review of U.S. best-performing cities.

This study did not include quality of life, such as housing costs or commute times.

The chair of Columbia's Regional Economic Development Inc. (REDI) said this ranking is such an accomplishment because it is based on hard numbers, not perception.

"They looked at raw data like types of new jobs, numbers of new jobs, pay levels, that kind of thing," Vicki Russell said. "This study was not subjective."

The president of REDI said Columbia has had tremendous job growth.

"In between IBM and Veterans United, we've seen a lot of job growth in the past five years," Mike Brooks said. "The IBM project in total is somewhere around 600 or 700 jobs." 

High-tech industries in Columbia, like telecommunications, saw employment grow by 60 percent from 2007 to 2012.

"The survey talks a lot about how we handled the last recession, how we're coming out of the recession," said Chamber of Commerce President, Mike McCormick. "Jobs continued to grow, even during the recession in Columbia. That's impressive."

The owner of Dave Griggs' Flooring America said his business was hit hard during the recession, but is making progress.

"Our business is not yet what is was in 2006, and it probably never will be, but we're coming back very strong," Dave Griggs said.  

McCormick said having higher education in Columbia helps draw business.

"You have a constant access to future employees and employment, which makes a big difference for businesses looking to move somewhere," he said.

The Milken Institute index shows that technology and energy are the biggest drivers of developing cities.

Austin, Texas reclaimed the No. 1 spot for best-performing large city. 

In contrast, Washington D.C. went from fifth place to 45th, marking the first time since 2008 it did not make the top 25.

More News

Grid
List
JEFFERSON CITY — Current Missouri Governor Mike Parson will be on the ballot in November after securing the Republican nomination... More >>
10 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 10:45:00 PM CDT August 04, 2020 in News
COLUMBIA— Missourians voted to expand Medicaid eligibility, according to reporting from the Associated Press. The State Auditor’s Office estimated... More >>
11 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 10:22:00 PM CDT August 04, 2020 in News
PETTIS COUNTY — The Pettis County prosecutor has called for an independent special prosecutor to investigate the death of Hannah... More >>
11 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 10:06:26 PM CDT August 04, 2020 in News
COLUMBIA - Current State Auditor Nicole Galloway has won the Missouri Democratic Primary for Governor. Galloway was projected to... More >>
12 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 9:36:00 PM CDT August 04, 2020 in News
COLUMBIA - Teaching English at Hickman High School in Columbia is Bill Morgan's passion and metaphorically speaking his saving grace.... More >>
12 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 9:36:00 PM CDT August 04, 2020 in News
COLUMBIA- Parents showed up to Tuesday afternoon to a special board meeting at the Columbia Public Schools Administration building over... More >>
12 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 9:26:00 PM CDT August 04, 2020 in News
JEFFERSON CITY, Mo. (AP) — The Latest on the Missouri primary election (all times local): 11:30 Cori Bush,... More >>
13 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 8:06:00 PM CDT August 04, 2020 in News
COLUMBIA - Today is Missouri's Primary Election - voters cast their ballots Tuesday to determine party candidates for governor, U.S.... More >>
14 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 7:00:00 PM CDT August 04, 2020 in News
JEFFERSON CITY — A Columbia man pleaded guilty in federal court Tuesday of attempting to purchase with Bitcoin on the... More >>
15 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 5:42:02 PM CDT August 04, 2020 in News
(CNN) -- A massive explosion ripped through central Beirut on Tuesday, killing dozens of people, injuring thousands and blowing out... More >>
16 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 5:41:18 PM CDT August 04, 2020 in News
MISSOURI — As COVID-19 continues to spread throughout Missouri, state and local officials confirm new case counts daily. This... More >>
16 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 5:30:00 PM CDT August 04, 2020 in News
SEDALIA — The latest numbers from Pettis County show confirmed COVID-19 cases have increased over 88 percent in the last... More >>
17 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 4:15:00 PM CDT August 04, 2020 in News
COLE COUNTY- One woman was pronounced dead Tuesday morning after a serious two-vehicle crash. According to a Missouri State... More >>
17 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 3:58:00 PM CDT August 04, 2020 in News
The American Psychiatric Association defines depression as "a common and serious medical illness that negatively affects how you feel, the... More >>
18 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 3:00:00 PM CDT August 04, 2020 in A Brighter Tomorrow
COLUMBIA — It's primary day in Missouri, and voters are out in full at the polls. State auditor Nicole... More >>
19 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 2:18:00 PM CDT August 04, 2020 in News
COLUMBIA — Election workers have worked hard to ensure voter safety during the pandemic. Boone County election judge coordinator... More >>
19 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 2:05:00 PM CDT August 04, 2020 in News
COLUMBIA — The Southeastern Conference announced Tuesday adjusted dates for preseason football activity. The first allowable practice is now... More >>
19 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 1:59:40 PM CDT August 04, 2020 in News
JEFFERSON CITY — Missouri's Department of Elementary and Secondary education issued new guidance for the upcoming school year on Monday.... More >>
21 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 12:33:00 PM CDT August 04, 2020 in News
Columbia, MO
Broken Clouds 66°
10am 68°
11am 70°
12pm 72°
1pm 73°