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Forbes Says Baltimore is a Tech Hot Spot

America's new hotbeds of technology innovation are not in the major cities like New York, Los Angeles or Chicago, but smaller ones, according to Forbes. And ranking No. 4 on Forbes' list is the Greater Baltimore region, where jobs in science, technology, engineering and mathematics (STEM) grew nearly 18 percent between 2001 and 2012.

The Washington, D.C., metropolitan area got the top spot, followed by Riverside-San Bernadino, Calif., and San Antonio-New Braunfels, Texas. 

New York, L.A. and Chicago, in contrast, all lost tech jobs in the past decade, according to the data crunched by Praxis Strategy Group

"As the social media industry matures and consolidates, employment is likely to continue shifting to less expensive, business-friendly areas," Forbes writes.

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