Executive Outlook magazine’s summer 2010 issue ranked Indianapolis #4 in its feature on the “Top 25 Cities in the Country for Business”.
In order to identify the 25 top cities, the magazine cross-referenced current population growth, small business owner/franchise satisfaction rates, cost of living, median household income, and corporate tax burden and unemployment rates for the 52 largest markets in the U.S.
Many of the cities that ranked well, the magazine stated, rely on a fundamentally strong industry, while others remain strong due to a low cost of living.
When it came to Indianapolis, Executive Outlook credited the city as having one of the most skilled workforces in the country with a higher than average worker productivity rate.
Other supporting factors that earned Indianapolis the #4 position included:
- Indianapolis is supported by a diversified economic base
- Indianapolis-based corporations include Simon Property Group, Anthem Inc., Eli Lilly and Company, Duke Realty Corp., Hunt Construction Group and National Wine & Spirits.
- Indianapolis’ sporting events and business pack are a powerful punch to the Midwest City
- Indianapolis is situated in the agricultural region known as the “corn belt”
Top 10 Cities ranked from Executive Outlook's Top 25:
1. Dallas/Fort Worth
2. Houston
3. San Antonio
4. Indianapolis
5. Phoenix
6. Austin
7. Denver
8. Atlanta
9. Oklahoma City
10. Salt Lake City
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