Baltimore drops 40 spots on best-performing cities list

Baltimore dropped more than 40 spots on a highly regarded ranking released Tuesday that measures U.S. metro areas on economic performance. Baltimore fell from No. 131 to No. 174 on the list put together by California-based nonprofit think tank Milken Institute. It’s the lowest rank for Baltimore since 2012, according to Maggie Switek, senior director of the nonprofit’s research department and co-author of the report. It’s the second consecutive steep drop for the city, which fell from No. 106 to No. 131 in last year’s report.