Salt Lake lands on MarketWatch list of top 10 cities for growing businesses

Published: Thursday, April 18 2013 12:21 a.m. MDT

Associated Press
Out of the nation's 100 largest metro areas examined in MarketWatch's latest rankings of the 10 cities in 2012 that saw business prosper the most, Salt Lake City beat out the competition and joined cities like Austin, Boston and Washington, D.C. in the top 10.

The city rankings are based on a variety of economic data divided into the three main categories of business environments, the performance of publicly traded companies located within the metro areas and the resulting effects on their economy over the past year.

"Metro areas with strong ties to technology and energy fared well during the year — and those areas building up a presence in the biotechnology and pharmaceutical space are getting a bonus of jobs and general wealth," MarketWatch's Russ Britt wrote. "We found that variables such as climate and quality of life often have little to do with whether a region thrives; it's more the concentration of business and talent that make the difference."

See what cities made this year's top 10 list.

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