The Milken Institute has named Sioux Falls as one of the nation’s strongest economies in its recently released annual Best Performing Cities Index. Ranking 14th nationally in the small metros category, Sioux Falls moved up 13 spots from the previous year, demonstrating a vibrant and growing economy that is being recognized on the national level for its success.

The 2012 Milken Institute Best-Performing Cities Index ranks U.S. metropolitan areas by how well they are creating and sustaining jobs and economic growth. The components include job, wage and salary, and technology growth. These give a good indication of the underlying structural performance of regional economics.

“We’re proud of the strong years Sioux Falls has had recently with increased employment, wages, and overall economic activity,” stated Darrin Smith, Director of Community Development for the City of Sioux Falls. “This year is off to a great start and we expect to perform at an even higher level in 2013 and beyond,” Smith concluded.