Best-Performing Cities
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Large Cities 2016

Nashville-Davidson--Murfreesboro--Franklin, TN Metropolitan Statistical Area

Overall Rank: 7      Population: 1,830,300

Nashville-Davidson-Murfreesboro-Franklin, Tennessee, ranks seventh in this yearís index, having shot up 11 places to enter the Top 10. Despite not having the high-wage, high-tech industries that have driven growth in the majority of the Top 25 best-performing cities, the metro has experienced significant wage growth in recent years as the local labor market tightened. The rising wages fuel consumer spending, bolstering growth in the service sector.

Metro's Performance in Each Index Component

Component 2011 2012 2013 2014 2015 2016 Score/
Value
5-yr Job Growth1 54  41  16  110.02 
1-yr Job Growth2 19  23  20  20  101.65 
5-yr Wages & Salaries Growth3 60  52  68  27  20  108.60 
1-yr Wages & Salaries Growth4 137  11  69  87  27  101.40 
Short-Term Job Growth5 67  97  11  14  40  20  101.73% 
5-yr Relative HT GDP Growth6 69  76  133  159  125  24  111.16 
1-yr Relative HT GDP Growth7 149  61  92  24  105.16 
High-Tech GDP LQ8 104  121  112  129  127  117  0.65 
# of HT GDP LQs Over 19 42  106  50  105  56  48  6.0 

2015-2016 Growth Comparison (by score)