Reasons? A broad range of industries that did not grow as fast as expected, including retail and transportation, Ross DeVol, director of Milken's regional studies, says in the report.
The institute uses five-year trends in eight categories including job growth, which carries the most significance in the ratings. Wage and salary increases, high-tech growth and the diversity of new business are also factors in the rankings.
Atlanta's job growth, so strong in 1999 that it was seventh in the nation, is still robust but it fell to No. 95 among the surveyed cities last year. The No. 1 city in the ratings was San Jose, CA.
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