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Silicon Valley ranks dead last in ranking of U.S. tech hubs
RACHEL KONRAD
Associated Press
SAN FRANCISCO - Silicon Valley ranks dead last in an annual ranking of 12 U.S. technology hubs because of the region's notoriously high housing costs, traffic congestion, high unemployment rate and other quality-of-life problems.
According to the newest survey by Silicon Valley Leadership Group, the nation's top-ranked tech hub is North Carolina's Raleigh-Durham area, which enjoys relatively affordable housing and a thriving job market. The region also wins points for local kids' performance on eighth-grade math tests, as well as comparatively low sales taxes and affordable utility bills.
Full story: http://www.siliconvalley.com/mld/siliconvalley/15416740.htm
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