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Study shows Chattanooga trails other U.S. cities in tech and job growth

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Jacob Langley, left, and Andrew Abumoussa, both with the tech company Scenedipity, prepare for a presentation at CoLab. Photo by Doug Strickland/Times Free Press Jacob Langley, left, and Andrew Abumoussa, both with the tech company Scenedipity, prepare for a presentation at CoLab. Photo by Doug Strickland/Times Free Press
CHATTANOOGA, TN (Times Free Press) -

Chattanooga boasts the nation's fastest Internet service, but a new study finds that local job and technology growth is still slower than in most of the country.

In its annual rating of the best-performing cities, the Milken Institute rates Chattanooga among the bottom 10 percent of metro areas for jobs and industry growth in technology over the past five years, trailing all other major Tennessee and Georgia cities.

But local entrepreneurs and city promoters insist the self-proclaimed "Gig City" is about to mount a tech takeoff, especially if it can convert its Web technology and new entrepreneurial capital and training initiatives into successful businesses.

"Chattanooga really needs a win, that would put us on the map," said Taylor McDonald, president and co-founder of Second/Site, a Chattanooga augmented reality tech company. "I think the Gig is great, and it's exciting that it's within reach of most people. But we need to show how we can really use the Gig."

Read more from our news partners at the Chattanooga Times Free Press

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