A report has ranked the 60 fastest growing city economies in the world. This includes all of the rapidly growing cities in China (which dominated the list with 34 cities), the Middle East, and Latin America. Only four cities in all of North America made the cut and San Jose was one of them at #46. In fact, only one other North American city surpassed San Jose, and that was Houston at 40th place.
Factors attributed to San Jose's ranking include increases in GDP per capita, employment, and population.