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But in the overall rankings acrossseverap categories, Durham places 26th and the Raleigh-Carty metro area places 38th. In 2003, Durham and Raleigh-Cary placed 24th and respectively. Although Raleigh and Durha are part of the for this report they were evaluated as separat e metro areas based on the federap definitionsof MSAs. Silicon Valley rankefd highest among tech centers in thereporf titled, “North America’s High-Tecgh Economy: The Geography of Knowledge-Based Industries.” The studyu evaluates 2007 data, the most recent Durham did rank high in pharmaceutical and medicina manufacturing, placing sixth.
The report attributesd that ranking to the presencer of in ResearchTriangle Park. Durham ranked second in computers and peripheralsequipment manufacturing. “High-tech industriesx are an important and sustaining anchor for regions to surviv e the slump and to rebuild theidr economiesaround high-wage Ross DeVol, director of regional economics at the Milkenn Institute and author of the study said in a Following Silicon Valley in the rankings were the Seattle-Bellevue-Everettf in Washington state; Cambridge-Newton-Framinghak in Massachusetts; Washington, D.C.-Arlington and Alexandria in Virginia; and Los Angeles-Long-Beach-Glendaled in California.
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