Madison Region Ranks #2 for Millennial Magnets, Economic Growth Potential (Mid-Sized MSAs) in Business Facilities’ 2019 Metro Rankings Report
FOR IMMEDIATE RELEASE
Madison, WI – The Madison MSA was named the #2 metro for Millennial talent attraction and economic growth potential (mid-sized MSAs) as well as #7 for manufacturing leaders (midsized MSAs) in Business Facilities’ 2019 Metro Rankings Report.
“These additional impressive rankings for the Madison Region/MSA demonstrate how it has distinguished itself by building world-renowned bioscience, healthcare and information communications technology sectors while excelling in our legacy industries of manufacturing and agriculture,” MadREP President Paul Jadin said. “The rankings also continue to reinforce the value of having significant density in manufacturing and agriculture in our rural counties while Metro Madison grows its tech and bio-health sectors. In addition, the evolution in these sectors is consistent with our Millennial-friendly environment.”
Last year, The Madison MSA was named the top metro for industry diversity out of 382 Metro MSAs in the Industry Diversity Rankings published by Emsi Developer, a data reporting tool designed for economic development organizations. The Region also was ranked #1 for Quality of Life and Industry Diversity by Business Facilities. A diverse economy is vital to the health and stability of a region. According to Emsi, diverse economies tend to have lower unemployment rates, less volatility and recover quicker in the event of a downturn.
Business Facilities is a national publication that has been the leading location source for corporate site selectors and economic development professionals for more than 50 years.
About Madison Region Economic Partnership (MadREP)
MadREP is the economic development agency for the eight-county Madison Region, founded by business and community leaders to create a dynamic environment where people and businesses prosper. MadREP and its partners aim to proactively and strategically position the region to take advantage of economic and business development opportunities. Visit madisonregion.org for more information.
For Further Information:Jessica Reilly