Tennessee continues to fall behind most other states when it comes to converting its science and technology assets into jobs and companies, according to the Milken Institute’s State Technology and Science Index for 2010.
Tennessee slipped into the Bottom 10 at No. 41 in the 2010 rankings, down from No. 40 in the 2008 index and No. 34 in 2004.
Metropolitan Knoxville rose to 92nd on the Milken Institute’s 2010 list of the best-performing cities in America, up 27 spots from 119th last year.
The regional economy regained some momentum with a slight improvement in job growth — a 0.59 percent increase from April 2009 to April 2010 — and a better-than-average performance in wages and salaries growth.
That’s a mighty slender increase in job growth, but it’s a better showing than most other metro economies.