Decatur and Macon County, Illinois have been recognized in five separate categories in the Area Development Magazine’s 9th Annual ‘Leading Metro Locations’ Report. Decatur placed 2nd in the Top MSA Economic Strength Indicator Factors; 2nd place in Top MSA Year-Over-Year Growth Factors (1 Year); 4th place in Top Overall MSA by MSA Size: Small; 8th place in Top MSA Economic Growth Factors (5 Years); and 17th in the Top 50 MSA (Metropolitan Statistical Area) Overall.
The report ranked 399 MSAs and Metropolitan Divisions throughout the nation on a per capita basis across 16 key indicators designed to measure economic growth over one and five-year spans. According to Area Development, these results do not rank who is the ‘best’ versus other MSAs in their category, but which MSAs are experiencing the greatest statistical growth over the last five years.
“The recognition by Area Development is a significant feather in the cap of our community and brings international attention to how businesses are successfully investing in Decatur and Macon County,” said Ryan McCrady, president of the Economic Development Corporation of Decatur-Macon County. “We continue to see positive trends in major economic indicators such as total employment and wages earned. The many infrastructure investments made in recent years are beginning to bear fruit, allowing us to use this momentum to realize sustained economic growth for our region.”
Decatur and Macon County’s five separate rankings placed in the top 20 out of 399 cities. A city/MSA can be listed in a maximum of six categories. Launched in 2011, the annual study takes into consideration a mix of key economic indicators, sourced from the Emsi, U.S. Census ACS, BEA and BLS, to measure and rank the economic trajectory and growth of the United States MSAs. In addition to overall rankings, the study also segments results by economic and regional groupings. For more information on the recognitions and Area Development, visit https://www.areadevelopment.com/Leading-Locations/Q4-2019/leading-metro-locations-full-results-2019.shtml.