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CONTACT:
Trudy McCarthy
Sr Director, Marketing & Strategic Initiatives
(321) 638-2000
TMccarthy@SpaceCoastEDC.org

Brevard County Top Gainer on Prestigious Milken Index

The Space Coast jumps 90 spots in one year, landing in top 1/3rd of large MSAs.
 

Space Coast, FL – (January 17, 2018) – The Space Coast can add another ranking to its growing collection – top gainer in Milken Institute’s Best Performing Cities 2017: Where America’s Jobs are Created and Sustained. Climbing an impressive 90 spots in just one year, the Palm Bay-Melbourne-Titusville region is now in the top one-third of large Metropolitan Statistical Areas (MSA), placing it in the competitive ranks of cities such as Austin, Dallas, Seattle, and more.

“Placing 63rd, from 153rd, on this list is an astounding accomplishment for Brevard County,” said Lynda Weatherman, president and CEO of the Economic Development Commission of Florida’s Space Coast (EDC). “As our county’s success continues, this recognition will enhance the EDC’s efforts as we compete with regions more than twice our size.”

The report echoes the activity that the Space Coast and the EDC have been witnessing in recent years. Since 2010, the EDC has led 49 successful business development projects with a local impact of $1.6 billion in capital investment, accumulating 16,027 new and retained jobs with an average wage of $75,509.

The Milken Institute’s Best-Performing Cities (BPC) U.S. index measures metropolitan areas’ economic performance using outcomes-based metrics such as job creation, wage gains, and technology developments to evaluate the metros’ relative growth, to discover which metro areas offer the greatest opportunities for prosperity and innovation across the nation.

For more information on additional findings, and to download the report, visit www.MilkenInstitute.org

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About the Economic Development Commission of Florida’s Space Coast
The Economic Development Commission of Florida’s Space Coast (EDC) is dedicated to attracting new business and investment and expanding existing industry throughout the Space Coast, influencing change on government laws and regulations affecting economic development, promoting the Space Coast to encourage new investment, supporting efforts of Space Coast military installations, and relaying new programs and procedures to assist manufacturing and high-tech companies. The EDC is a private, not-for-profit coalition whose stakeholders are business leaders committed to the economic growth and stability of Florida’s Space Coast. Visit www.SpaceCoastEDC.org.