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Economic Development Office

Tri-Cities Tech Business Update

May 2012 Issue

Tri-Cities ranks high for metros in weekly wages


In its latest analysis, Garner Economics' research economist Tom Tveidt reports that in February 2012, 344 of 372 U.S. metropolitan areas added employment over last year. Tri-Cities ranked 18 among the 344 metro areas in weekly wages, with a lower-than-average cost of living. Compared to the rest of the country, the Tri-Cities cost of living is 6.80% -- lower than the U.S. average. The numbers provide convincing evidence of widespread post-recession growth. While trends in employment are the typical gauge of economic wellbeing, earnings can provide a deeper measure of the value of economic change. Read more...

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