Salient to Investors:
Biotech, fracking and diversity are keys to prosperity for cities.
David Albouy at the University of Michigan says Austin is ‘quality of life city’.
Austin could lose its crown to Houston if it is unable to take advantage of industries that are on the rise, such as biotechnology or fracking.
Jacqueline Northcut at BioHouston says Houston has a formidable energy industry, boasts 200 health-care companies versus 50 ten years ago, and has been quietly growing its biotech base, though most are extremely small shops with just a handful of employees.
Boston has been in the top five of every “Best Cities” study by MarketWatch.
Kevin Stolarick at University of Toronto sees a greater focus on small-batch or craft-based manufacturing in the US.
Read the full article at http://www.marketwatch.com/story/it-may-be-tough-to-top-austins-growth-next-year-2013-04-15
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