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According to a report from the Brookings Institution released today, Austin was ranked as having the 26th best economic recovery worldwide and ranked highest in the United States.

The analysis ranked 150 cities according to three main indicators between 1993 and 2010: employment growth, per capita gross value added and income per person. The group said Austin employment has grown 3.2 percent since 2009 and income has escalated about 2.7 percent.

Austin came in number 40 for growth between 2007 and 2009, with about .1 percent employment growth, but a 3.1 percent decline in income.  Austin was the 25th fastest growing economy between 1993 and 2007, with employment rising about 3.1 percent and income about 3.4 percent.

The local population has grown about 67 percent since 1993 to about 1,763,192 people, according to the report.

Istanbul, Turkey was the highest ranked city worldwide, though Asian cities dominated the listing.  Austin edged out Montreal at No. 27, but was just below Sao Paulo, Brazil.

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Heather Brown