Lubbock has been ranked as one of the top 50 cities in the nation for economic and job growth.

The Lubbock Economic Development Alliance announced the designation Tuesday morning, given by Area Development Magazine’s 2012 Leading Locations report.

Lubbock ranked 42nd in the nation out of  365 metropolitan statistical areas across 23 economic and work force indicators.

The Hub City also placed ninth on the Economic Strength ranking for the Top 25 Mid-Size Cities.

Lubbock ranked 11th on the Top 20 Southwest Cities in the U.S. and 11th on the Top 50 Mid-Size Cities in the U.S. for overall economic and job growth.

“Despite tough economic times, Lubbock continues to thrive,” said John Osborne, CEO of LEDA. “The Team at LEDA continues to work to build and retain local businesses, while attracting new ones that will help diversify Lubbock’s growing industries.”

For more on Area Development’s Leading Locations for 2012, visit www.areadevelopment.com.