KILLEEN, Texas – Area Development magazine announced their 2013 Leading Locations list, ranking the Killeen-Temple-Fort Hood MSA as 72nd in the nation and 30th in its population category. The study analyzed 380 MSAs nation-wide to identify which cities across America are emerging from the recession as economic front-runners – and why.
This study ranked the MSAs across 21 economic and work force indicators. These 21 indicators were pulled from seven data sets originating from four sources: the Bureau of Labor Statistics, Bureau of Economic Analysis, U.S. Census American Community Survey and IHS.
Leading Locations 2013 also calculated rankings for each of the MSAs in four subcategories. Out of 380 MSAs, Killeen-Temple-Fort Hood ranked 36th for ”Recession-Busting Cities,” 61st for “Year-Over-Year Growth,” 83rd for “Prime Work Force,” and 90th for “Economic Strength.”
“To have a national economic development publication rank our MSA in the top 15 percent of all 380 MSAs in the US sends a very powerful signal to investors and should cause residents here to feel very positive about our future,” said John Crutchfield, Greater Killeen Chamber of Commerce President/CEO.
The report explains, “success depends on responding effectively to the many factors that impact economic performance, as well as proactively creating healthy business climates and investing in the future. This type of multilevel support helps local companies be more competitive with offshore locations, keeping profits and jobs at home. ”
“The Leading Locations are MSAs that have managed to thrive, emerging from the recession as economic leaders,” said Geraldine Gambale, editor of Area Development. “These MSAs are leaders based on their economic strengths and year-over-year economic growth; growth of their young, educated work forces; and their ability to bounce back to economic levels seen before the recession’s onset. They deserve special recognition for their efforts.”
For the full report, please visit www.areadevelopment.com/LeadingLocations2013.
About Area Development magazine
Founded in 1965, Area Development magazine is considered the leading executive magazine covering corporate site selection and relocation. Editorial coverage provides valuable information pertinent to the factors, key issues, and criteria that affect a successful decision.
Area Development is published bi-monthly and has more than 45,000 executive subscribers. It also has a very active custom publishing group that has produced many award-winning magazines, inserts, and brochures on behalf of its clients. Area Development maintains several highly visited websites. They can be reached through the main address of www.areadevelopment.com.