The Texas Economy is consistently rated
among the strongest in the nation
Texas is booming... and has continued to do so right through the recession! That's why we selected it for investment beginning in early 2008. A classic case of being at the right place at the right time! We are confident we are very well positioned for the next decade.
Here's an extensive series of articles published from various sources about the strength of the Texas Economy:
Dallas-based Stratford Land plans to break ground Tuesday on a large mixed-use development, called The Canyon in Oak Cliff. Plans for the 211-acre project include up to 7,500 residential units, 1,000 hotel rooms, 1.2 million square feet of office space and 800,000 square feet of retail space
According to the Real Estate Center's latest Monthly Review of the Texas Economy, the state gained 322,600 nonagricultural jobs from March 2012 to March 2013, an annual growth rate of 3 percent compared with 1.5 percent for the United States.
Retroactive tax bills and other unfavorable treatment in Calfornia is causing many companies to relocate to Texas... with Austin being tthe prime target.
Austin took the top spot for the third year in a row on Forbes' list of "America's 20 Fastest Growing Cities."
Construction and development company Skanska has inked an $88 million contract to construct the third phase of the Lackland Ambulatory Care Center at Lackland AFB.
Watch this video: In 2011 the country faced many challenges, but Texas and especially Austin rose to the occasion! See why Texas Rocks and why people from all over the country are moving here for a jobs and a better quality of life! Austin Rocks!
Several large projects will break ground there this year, totaling over $250 million inMueller, Austin's master-planned New Urbanist community.
On the list: Canyon Lake, Texas, hosts a variety of water activities, like boating and fishing, as well as relaxing walks along the shore.
Only two U.S. metro areas have had increases in home values since the peak of the housing market in 2007, and they're both in Texas: Houston and San Antonio. According to Oxford, Miss.-based FNC Inc., Houston reported a 4.8 percent rise in home values, while San Antonio reported a 2.7 percent increase.
The 2011 Milken Institute Best-Performing Cities Index ranks U.S. metropolitan areas by how well they are creating and sustaining jobs and economic growth. The components include job, wage and salary, and technology growth.
The promoters of the Formula 1 United States Grand Prix had announced an historic agreement for Austin, Texas to serve as the host city of the Formula 1 United States Grand Prix for years 2012 through 2021. This came into question but has now been confirmed with Austin remaining on the calendar for a Nov. 18 race date.
For unemployment only Nebraska, South Dakota and North Dakota are in better shape... for foreclosures only Nebraska, South Dakota, North Dakota and Wyoming are in better shape than Texas and just barely.
For the sixth year in a row, Texas eclipsed every other state and maintains the lead as the No. 1 magnet state in 2010 based on Allied Van Lines' annual report, which tracks U.S. migration patterns.
Among large metro areas, the regions with the lowest month's supply of distressed homes (including so-called shadow inventory) is practically a Texas-only affair:
Brookings Institution Metropolitan Policy Program ranked Austin the highest-ranked U.S. city insofar as the level of recovery from the recession. Dallas ranked fourth and San Antonio ranked 11th.
California was recently ranked by Chief Executive magazine as having the worst business climate in the nation, while Texas' business climate was considered the best
Texas cities take three of the top ten spots, with San Antonio coming in at No. 6, Houston at No. 7 and Austin claiming the final spot.
More than half of the net new jobs in the United States during the past 12 months were created in Texas, says Rich Lowry, editor of National Review.
This video shows how two companies in Austin, Texas - HomeAway.com and Ringdale - are growing and hiring despite the economic downturn? The answers could help rewire the American workforce.
Caterpillar Inc. will build a 260,000-square-foot manufacturing facility in Schertz, TX that will supply components to the company’s new assembly plant in nearby Seguin.
Houston, San Antonio, Fort Worth and Austin all ranked among the top 10 fastest growing according to the latest revised U.S. Census Bureau population figures. Houston at #2, San Antonio at #4, Fort Worth at # 5 and Austin at #9.
Kiplinger's number-one Best City for the Next Decade is a hotbed for small business -- and music. Austin is arguably the country's best crucible for small business. And don't discount the fun factor: It's the self-proclaimed live-music capital of the world. Watch the 2 minute video
Austin has the fourth-lowest jobless rate among cities with populations of one million or more. Living costs fall below the national norm. It doesn't hurt that this is the capital of Texas and home to eight colleges and universities, including the University of Texas. Austin's cultural scene is exceptional, with two giant music festivals each year, a vibrant nightlife, and eclectic, up-and-coming neighborhoods. Houston also makes the list at # 4.
Texas reclaims the top spot from last year's winner, Virginia, which slips to No. 2. Texas was last on top in 2008, as measured on 40 different metrics in ten key categories of competitiveness.
What the rest of the country can learn from Texas. According to the Weekly Standard, in May 2010 alone, Texas, the nation's second most populous state, added 75,000 jobs, more than the other four most populous states combined!
No state is thriving in the wake of the Great Recession. But compared to the rest of the country, Texas is experiencing something like an economic boom.
Texas cities were prominent in a new listing done by Forbes.com on the best cities for young professionals. Houston ranked first with Dallas ranking sixth and Austin not far behind, ranking tenth.
After 16 months of job losses, the state's annual employment growth rate turned positive and posted an annual employment growth rate of 0.2 percent for the period from May 2009 to May 2010.
In a report recently published by Newgeography.com, for the second year in a row, Texas' five major metropolitan areas nailed down half the top 10 spots in an annual ranking of the best cities to find a job.
Some analysts are saying Austin, Texas, may be a national leader in economic recovery. CNN's Tom Foreman shows viewers why.
The Austin Business Journal reports that the Texas State University System Regents moved ahead with planning a 612-bed, $50 million student housing project late last week..
Texas sales tax collections are down more than 14%, but New Braunfels only saw a 2.3% decrease from the record setting collections seen in 2008... means a check for $1.6m for the community
First of two segments from CNBC television on the strength of the Texas economy, led by San Antonio, among the strongest in the strongest in the nation
Second of two segments from CNBC television on the strength of the Texas economy, led by San Antonio, among the strongest in the strongest in the nation. I nterviews with the mayhor and others.
In Austin, the robust employment growth that supported one of the healthiest local economies prior to the recent downturn is anticipated to resume in the coming months, attracting job seekers from areas deeply maligned by the recession.
New $500m Marriott Resort & Spa and Tournament Players Club golf courses open in San Antonio - Jan. 2010
New mega resort has the potential to push San Antonio into the top tier of travel destinations, such as Orlando, Fla.; Scottsdale, Ariz.; and Las Vegas.
According to a survey by Commercial Real Estate giant Grubb & Ellis, Austin leads the nation as the best city for long term investment in commercial real estate
America's Fastest-Recovering Cities - Nov. 2009
Among Forbes list of the top 100 cities in the US leading the economy out of this great recession, San Antonio ranks #2 and Austin ranks #3 (Portland OR ranks #56 and L.A. ranks #81)
Best-Performing Cities Index in the U.S. - Sept. 2009
Milken Institute: Texas metros, led by #1 Austin-Round Rock, claimed four of the top five spots and nine of the top 16 in the 2009 Milken Institute/Greenstreet Real Estate Partners Best-Performing Cities Index rating how well they are creating and sustaining jobs and economic growth
Four Texas markets will be among the first in the nation to recover from the recession, says a nationwide forecast by IHS Global Insight, with Austin and San antonio predicted to be first!
Forbes.com: Best U.S. Cities To Earn A Living - Sept 2009
According to Forbes.com, Texas, home to more than 50 of the Fortune 500 companies, has three of the best cities to earn a living: Dallas, Houston and Austin
U.S. Census Bureau - fastest growing cities - July 2009
Four of the 10 fastest-growing large U.S. cities include a suburb of Austin as #1 and four of top ten in Texas
Renting a 26-foot U-Haul truck to go from Austin to San Francisco this July would cost you about $900. Renting the same truck to go from SF to Austin? About $3,000. Guess why?!
Directorship Magazine - Study: Texas ranks first for business - June 2009 - also cited in Austin Business Journal
'What puts Texas first? It has a pro-business tax climate that ranks third, a low cost of living, a relatively solid economy, and a litigation environment that ranks 10th on our list. Texas also ranks first in the number of Fortune 500 companies located there.'
CNNMoney.com - Where the jobs are - June 2009
25 counties that have experienced the most job growth over the last eight years. five are in Texas including Rockwall County, TX near Dallas in the number 2 spot, and four others which are Williamson County around Austin as well as Webb County, Hidalgo County, and Collin County.
Forbes.com report - Best And Worst Cities For Recession Recovery - June 2009 - Austin TX Ranks #1 Best
U.S. News - Best Places to Live 2009 - June 2009
U.S. News looked at areas with strong economies, low living costs, and plenty of fun things to do... and ranked Austin Texas #3 in the US with its strong economy, warm climate with plenty of sunshine and abundant open, green spaces.
Brookings Institute MetroMonitor - Tracking Economic Recession and Recovery in America's 100 Largest Metro Areas - June 2009
Austin and San Antonio ranked among strongest 20 metro areas - Texas has 6 of top 20!
Fed Gov't to spend $2 billion in San Antonio, Texas - March 2009
San Antonio to benefit exponentially as the federal government plans to spend $2 billion in the city in new construction through BRAC, the Department of Defense 'Base Realignment and Closure Commission'
Monthly Review of the Texas Economy - Nov. 2008
Texas A&M full color brochure describes current Texas boom - Jan. 2008
Forbes.com report on 10/10/08 in which they wrote:
'Austin and San Antonio lead our list of places where your money goes farthest. Residents of both enjoy affordable housing and promising prospects for job growth in coming years. "Texas, as a whole, is one of the few economies that's performing extremely well because of the energy and technology sectors," says Andrew Gledhill, an economist at Moody's Economy.com.'
Business Weekly ranks Texas tops in job growth in nation - Feb. 2009
InfoPlease.com ranks the U.S.100 largest cities, among them: San Antonio 7, Austin 16, Seattle 24, Portland 30
Kiplinger.com article in 2005 listed Austin at Number 5 in its list of the top 10 places in the U.S. to live.
Relocate-America's Top 10 Best Places to Live in 2008 lists San Antonio at Number 2.