Regional economic news

Innovation that Matters 2017
Boston, the Bay Area, Philadelphia, San Diego, and Austin were ranked as the top five leading innovation centers in the U.S. according to research conducted by the U.S. Chamber of Commerce and 1776. The rankings take into consideration capital, connectivity, culture, density, industry specialization, and talent. Boston, which scored the highest, maintains a constant inflow of capital and is home to the nation’s top universities that produce a steady supply of new tech talent. The startup ecosystem is also strong due to support from the city’s mayor.

CBRE Top 10 Markets

CBRE Research, a provider of real estate services, recently released its 2017 Tech-30 report, which ranks tech job growth across 30 North American office markets. Among the top-ranked locations include San Francisco for tech job growth, Montreal for tech momentum, and Austin for tech occupancy growth. The interactive report in the link also provides data on additional cities, including Denver.

Salary You Must Earn to Buy a Home

Ever wonder how much you need to earn in order to buy a home? HSH provides an interactive map that summarizes this information for the 50 largest metropolitan areas in the U.S. According to their data, one must earn $79,458.76 to purchase a home in Denver. The top five most expensive markets are San Jose, San Francisco, San Diego, Los Angeles, and New York City.