Share to linkedinIn Amazon.com’s fiercely competitive search for a second headquarters last year, Seattle—the company’s original home—turned out to be the true victor. The behemoth retailer’s decisions—first to split the promised 50,000-job bounty in two and then, in February, to scrap New York’s Long Island City altogether amid political backlash—left Seattle with the largest concentration of Amazon employees in the country.
The Emerald City, at this point, is accustomed to winning, with an economy that grew at three times the rate of the median U.S. city last year—8.4%, or 7% net of inflation. It’s home to not only Amazon but also to Boeing, Costco, Nordstrom and Starbucks. A strong regional tech scene also includes companies like Microsoft, Zillow, Expedia and Tableau Software.
Economic and job growth in the city are expected to continue gaining in the near future thanks to a strong talent base. Ruder says many of her clients are drawn to Dallas in part for its central location and relatively low cost of living. Raleigh now ranks third, with perennial strong performers Denver and Portland, Oregon, rounding out the top five. North Carolina still landed four metros in the top 25 with Durham, Asheville and Charlotte joining Raleigh. Texas has three—Austin and Fort Worth in addition to Dallas. Colorado and Washington claim three entries as well.Long a laggard, Bakersfield, California, ranks last for the first time this year.
Forcing businesses to pay for public housing for the poor is good for business?
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