San Francisco Keeps Chief Spot in A.T. Kearney Global City Outlook, New York Regains Leading Spot from London in Global Cities Index



CHICAGO, May 31: For the third successive year, global management consulting company A.T. Kearney has termed San Francisco as the top city in the company's yearly Global Cities Outlook. In the Global Cities Index, New York re-claimed the chief spot from London. Taken collectively, the Global Cities Outlook and Global Cities Index encompass Global Cities 2017.

"The Outlook and Index provide a compelling look at 128 of the world's leading cities, as well as those that are poised to make a significant impact," stated Mike Hales, A.T. Kearney partner and co-leader of the study, adding, "There were several geopolitical events this year that profoundly impacted cities around the world and that we anticipate will have a hand in shaping future rankings. These include the U.K.'s Brexit vote, elections in France and Germany, as well as the U.S. presidential and congressional elections. All are significant global players and merit close attention in the coming months. Our historical database also gives a comprehensive look at which cities are wise investment decisions for corporate leaders, as well as those primed to make significant progress."

The Global Cities Outlook appraises a city's forthcoming prospective. A frontrunner in patents per capita, and owning an extraordinary degree of private asset and incubators, San Francisco secured the chief spot in the Global Cities Outlook.

Over the preceding two years, Paris has persisted to enhance its position in the Outlook and is currently contesting San Francisco and New York City, chiefly driven by material upsurges in foreign direct investment (FDI) and reasonable infrastructure enhancements. This is the third year for the Outlook. It assesses the prospective of 128 cities centered on the rate of alteration in 13 top metrics across four extents: personal comfort, finances, novelty, and authority.
The Global Cities Index surveys the present accomplishment of cities. This year, New York and London get the number one and two spots, correspondingly, as the globe's most international cities on the company's 2017 Global Cities Index. The chief two spots on the Index characterize a turnaround of last year's discoveries.

This is the seventh version of the Index, which was primarily commenced in 2008. It surveys the present accomplishment of cities centered on 27 metrics covering five crucial proportions: commercial action, human capital, information give-and-take, cultural experience, and political commitment. The Index delivers understandings into the present worldwide reach, accomplishment, and degree of expansion of the globe's leading cities.

In this year's Index, along with six of the preceding seven Indexes, New York gained the chief spot. New York regained the first-place position essentially because of a robust functioning in information give-and-take and a greater position than London in political commitment and guidance for economics. London has also undergone a more considerable reduction in business action since 2016.

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