Indianapolis Makes Forbes Top Ten Best Places For Business List
Indianapolis Makes Forbes Top Ten Best Places For Business List
May 5, 2006 - Inside Indiana Business
By: Inside Indiana Business/ InsideIndianaBusiness.com Report
INDIANAPOLIS - Forbes Magazine has named Indianapolis as one of the 10 best places in America to start a business or a career.
Criteria for the ranking includes business and living costs, the education of the work force, job and income growth, migration patterns over the past five years, crime rates and a culture-and-leisure index.
Indianapolis, which jumped into the Top 10 from 33rd last year, was selected among 200 of the largest metro areas in the nation. Perennial top 10 metros fell from the highest rankings due to slowing income growth.
"Indianapolis is a city that is on the move and making astounding progress every single day," Mayor Bart Peterson said. "There is much more that we want to do to grow new business, improve neighborhood quality of life and bolster public education, but this ranking shows that we are moving in the right direction."
The 2006 Top Ten Places for Business and Careers are:
1. Albuquerque, NM (#5, 2005)
2. Raleigh, NC (#2, 2005)
3. Houston (#13, 2005)
4. Boise, ID (#1, 2005)
5. Knoxville, TN (#17, 2005)
6. Phoenix (# 12, 2005)
7. Nashville, TN (#43, 2005)
8. Durham, NC (#2, 2005)
9. Fayetteville, AR (#7, 2005)
10. Indianapolis (#33, 2005)
For details on the 200 largest metro areas, visit www.forbes.com/bestplaces
Source: City of Indianapolis
