Forbes magazine ranks Iowa’s capital city among the nation’s best places for business and careers.
Des Moines ranked #1 on the list last year. This year the magazine puts Des Moines in the #2 spot, behind Raleigh, North Carolina.
The Forbes article cited a report from Moody’s, a firm that analyzes the finances of governments and private sector businesses worldwide. It predicts the Des Moines economy will grow by four percent in each of the next three years.
The magazine also points to the cost of living in Des Moines, which is about six percent lower than the national average, as well as the cost of doing business, which is 17 percent below the national average.
The other three cities in the top 5 on the magazines “best places for business and careers” list are Provo, Utah and two places in Colorado — Denver and Fort Collins.