Santa Clara County economy best performing

Santa Clara County economy ranked best performing - SiliconValley.com: ""The economy is impressive in the South Bay," said Jeffrey Michael, director of the Stockton-based Business Forecasting Center at University of the Pacific. "You not only have strong job growth, but you also have income growth in the South Bay." Silicon Valley may not produce as much tech equipment as it once did, but much of the world's output is envisioned and designed there, the report determined. The latest technology wave is powered by social media, mobile devices, clean tech, and "big-data analytics," the report stated. "Silicon Valley is still a powerhouse in Internet search, communications, networking, semiconductor and computer design, medical technology, telecom . . . ." Top 10 metro regions for 2012 in the Milken Institute report:

1. San Jose
2. Austin, Texas
3. Raleigh, N.C.
4. Houston
5. Washington, D.C.
6. Salt Lake City
7. Provo, Utah
8. Cambridge, Mass.
9. Charleston, S.C.
10. Fort Worth-Arlington, Texas

The further down the list that Washington DC drops, the better the economy is performing.

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