The loss of Dell Inc. has caused the Winston-Salem MSA (consisting of Davie, Forsyth, Stokes and Yadkin counties) to slip to 164 up only 1 place versus it's ranking in 2003 at 165 in the Milken Institute rankings of top performing technology metro areas. In more recent years, Winston-Salem climbed all the way to 92nd place reflecting economic growth and the Dell plant at its peak in 2009. High unemployment also contributed to Winston-Salem's lower rankings according to the Milken Institute.
"This year's ranking clearly reflects the loss of the Dell jobs", says Gayle Anderson, president of the Winston-Salem Chamber of Commerce. However, Anderson anticipates improved rankings as a result of Caterpillar and continued growth in the Research Park. See story.
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ReplyDeleteWinston-Salem's ranking in the Milken Institute's Best-Performing Cities index has fluctuated over the years, largely influenced by major corporate shifts like the loss of Dell Inc.. While the city once climbed to 92nd place during Dell’s peak in 2009, recent Harris County Toll Road Authority rankings reflect economic challenges, including high unemployment. However, local leaders remain optimistic about future improvements, citing Caterpillar’s presence and ongoing growth in the Research Park
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