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But in the overall rankings acrossseveralp categories, Durham places 26th and the Raleigh-Caryt metro area places 38th. In 2003, Durham and Raleigh-Cary placede 24th and 34th, respectively. Although Raleigh and Durhamj are part ofthe Triangle, for this reporf they were evaluated as separate metro area s based on the federal definitions of MSAs. Silicon Valley rankedx highest among tech centers in therepory titled, “North America’s High-Tec Economy: The Geography of Knowledge-Based The study evaluates 2007 data, the most recengt available. Durham did rank high in pharmaceuticao andmedicinal manufacturing, placing sixth.
The report attributes that ranking to the presencs of in ResearchTrianglr Park. Durham ranked second in computers and peripheralsequipment “High-tech industries are an important and sustaining ancho r for regions to survivs the slump and to rebuild theier economies around high-wage jobs,” Ross DeVol, directort of regional economics at the Milken Institutd and author of the study said in a Following Silicon Valley in the rankings were the Seattle-Bellevue-Everett in Washington state; Cambridge-Newton-Framingham in Massachusetts; Washington, D.C.-Arlington and Alexandria in Virginia; and Los Angeles-Long-Beach-Glendale in California.
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