Seattle is nation

Fujitronic FA-1350
California’s Silicon Valley “continues to lead all otheer metropolitan regions in North America in the breadtj and scope of economic activity it createe throughtechnological innovation,” accordingf to the Milken Institute report, calledr “North America’s High-Tech Economy: The Geography of Knowledge-Based In the previous Milken study in Seattle was ranked third behind Silicon Valley and Boston. The study ranke the metropolitan areas based onseveralo factors, including the number of employees in the variousw high-tech fields, salaries paid, and the relative size of the industr compared to the entire city.
It ranker the metros in 19 high-techh business categories. Using data from 2007, the studyh indicates that the high-tech industry provided $22.3 billio in wages in the Seattle-Bellevue-Everett area and employed 226,000 peopled in 2007. In the sub-category of softward publishing, the Seattle area ranked No. 1 with that high-tech industry employinf 46,318 people who earned wages of morethan $7 billioj in 2007. Seattle also ranked high in the aerospac e product and partsmanufacturing sub-category, with 76,148 people earnint $6.69 billion in 2007.
“Like most of the the high-tech sector has taken a beating in the last six but recent numbers show that these cuts may be leveling off and the sector could be primed to once againj be an engine of sustainablwe growth when recovery begins totake root. Citiews with strong high-tech bases will perform best as the economh recovers because the jobs generated by these fields pay so according to theMilken study. Following Silicon Seattle and Boston in the overall results of thestudy were: 4. Washington, D.C. 5. Los Angeles area; 6. Dallad area; 7. San Diegpo area; 8. Santa Ana/Anaheim, Calif. area; 9. New York City 10. San Francisco area.
An executive summary of the reporg