Wednesday, October 15, 2008

BusinessWeek Ranking

If you’ve read or heard about West Des Moines’ newest ranking, this time in BusinessWeek, you may be wondering what kind of financial shape the City as a whole is in. BusinessWeek ranked West Des Moines 4th on a list of cities most likely to be hardest hit by the nation’s financial crisis. West Des Moines issued an open response to the article, which was based on a simple methodology that ranked cities in terms of the percentage of residents employed by the financial services sector. No analysis was given as to the type of financial company or strength of company included in the cities. We issues an open response to the BusinessWeek ranking explaining why we are not as susceptible to issues as they suggest. You can read it on the news section of the city website.

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