Silicon Valley Continues to Lead N. American Metros in Strength of Its High-Tech Industry, but Growth in Other Regions Shows Integration Across Continent, Says Milken Institute Study
LOS ANGELES – Silicon Valley, the largest and most influential high-tech center in the world, continues to lead all other metropolitan regions in North America in the breadth and scope of economic activity it creates through technological innovation. But many other metros have built strong and diverse industries that should allow them to prosper when the global economy recovers, according to a new report from the Milken Institute.
High-tech industries are an important and sustaining anchor for regions to survive the slump and to rebuild their economies around high-wage jobs