Sunday, December 18, 2011

Winston Salem slips in Milken Institute Tech Ranking

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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