Austin crowned among world's top cities of the future
Austin ranks No. 11 on the inaugural Tier 2 Cities of the Future 2020/21, released August 20 by the FDI Intelligence division of Financial Times. The report takes a "closer look at the non-capital cities capturing investors’ attention" worldwide.
"Second-tier" cities across the globe — defined as non-capitals with a population under 8 million — were evaluated on 116 data points across five categories: economic potential, cost effectiveness, business friendliness, connectivity, and human capital and lifestyle.
In addition to taking 11th place overall, Austin ranks eighth for economic growth potential.