That’s according to the folks at MarketWatch.com as Birmingham was ranked as the 9th best city to do business in the country. Accroding to their site, they:

… measured the concentration of Fortune 1000, S&P 500, Russell 2000 and Forbes 400 private companies in the nation’s top 50 metro areas, as well as concentration of small businesses. The study also measured population growth, unemployment and job growth.

Los Angeles came in at #1. Click here to check out the rest of the list.