California is home to the best large city for job growth and sustainability, according to a new report.
On Wednesday, the Milken Institute released its annual Best-Performing Cities Index for 2020.
The San Francisco-Redwood City-South San Francisco area took the top spot — for the first time since 2014 — because of its “capacity for innovation, unparalleled ecosystem and exceptionally strong wage growth,” according to a press release.
“The top-performing cities have cohesive strategies that allow them to weather economic storms and leverage their assets for sustained growth,” Kevin Klowden, executive director of the Milken Institute Center for Regional Economics, said in the release. “San Francisco’s legacy of innovation, research universities, and abundance of skilled labor and tech startups highlight the depth and dynamism of the region’s economy.”
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