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Article: New 'Rational Ranking' Rates Livability of 59 U.S. Metro Areas.
- Article from:
- PR Newswire
- Article date:
- April 27, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. LOUIS, April 27 /PRNewswire/ -- Following is a ranking of 59 metropolitan areas in the United States whose populations exceed 1 million, based on a "rational ranking" developed by Howard J. Wall, an economist with the Federal Reserve Bank of St. Louis. Wall's article on rational ranking appears in the April 1999 issue of The Regional Economist, a quarterly publication of business and economic topics published by the St. Louis Fed.
An alternative to rankings by publications such as Money Magazine and The Places Rated Almanac, the rational ranking, according to Wall, is based on an economic principle that makes its rankings "more objective and reflective of the ...