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Lynchburg MSA ranks in top 50 in Forbes Best Places list

June 30, 2011

The Lynchburg Metropolitan Statistical Area (MSA) landed in the top 50 of Forbes 2011 Best Places for Business and Careers list released June 29, 2011 which measures a region’s cost of doing business, annual job growth and education ranking.

The Lynchburg region ranked 49th among the top 200 metros in the nation and ranked second among the regions that made the list from Virginia. Washington D.C./Northern Virginia came in at 27th place, while Richmond ranked 50th, Roanoke, 81st, and Virginia Beach, 126th.

“We were the smallest metro in terms of population to land in the top 50 outside of Washington State and that speaks volumes,” said Bryan David, Executive Director of Virginia’s Region 2000 Economic Development Council. “This ranking shows once again how competitive our region’s economy stacks up nationally.”

In the past several years, the Lynchburg metro has demonstrated its competitiveness with high rankings in this Forbes list and others such as the Milken Institute’s Best Performing Cities Index. Last year, the metro led the state in 28th place in the nation in the Forbes list and moved up 11 positions from the previous year in the Milken Institute’s list that looks at how well a region creates and sustains jobs.

Topping this year’s Forbes list is Raleigh, N.C. with Des Moines, IA, Provo, UT, Lexington, KY, and Fort Collins, CO rounding out the top five.
Earlier this week, Virginia was named the top state in CNBC’s Top State for Business ranking.

See the full Forbes article here.

See the full list here.