Forbes: New Orleans, San Antonio tied for #1 as City with the largest BrainPower Gain 2007-2012

JamesMcNamara New Orleans

New Orleans:

Citing a strong local economy and the lower cost of doing business in the South, New Orleans tied San Antonio as the #1 cities for attracting college grads 2007-2012. The city’s post-Katrina redevelopment and expansion of the film, technology and the biotech industries have given rise to Economist  Joel Louisiana offers the country’s best tax credit incentives that have attracted international companies like GE Capital and GameLoft to the Crescent City. The  redevelopment of the new VA, University Medical Centers are also driving construction spending to an all time high for the area.  Kotkin saying “The metro area’s population of college graduates grew by 44,000 from 2007 to 2012, a 20.3% increase, nearly double the national average.”

The Forbes article goes on to say “Like New Orleans, the San Antonio area has traditionally lagged behind in attracting educated people; nearly one resident in six does not have a high school diploma. But the old Texas town also has many amenities that appeal to educated workers, notably great food and a good nightlife scene.. and boasts one of the fastest-growing regional economies in the country.”

Louisiana offers the country’s best tax credit incentives that have attracted international companies like GE Capital and GameLoft to the Crescent City. The  redevelopment of the new VA, University Medical Centers are also driving construction spending to an all time high for the New Orleans area.  Both cities benefit from connection to the growing energy industry.

http://www.forbes.com/sites/joelkotkin/2014/04/03/americas-new-brainpower-cities/

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