No Wonder Everyone is Moving to Austin!

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It’s great when Austin ranks number one for a month or for the year but how does Austin (and Texas) hold up over the long term? And what is projected for the next Decade?

Here’s a list of articles from this year discussing the long term demographics and economic strengths of both Austin and Texas:

Austin is Kiplinger’s number-one Best City for the Next Decade – “Austin is arguably the country’s best crucible for small business.” … It has “a huge angel-financing network, billionaires who will freely offer you advice,” plus a culture that “attracts the best and brightest.” Texas is the big winner in population growth for the decade – Brookings Institute study: Big Texas metros have done well because they avoided a lot of the pitfalls of the housing boom and bust. Six Texas counties are among the 25 fastest-growing from 2000 to 2009: Rockwall, Williamson, Collin, Hays, Fort Bend and Montgomery. The Houston metropolitan area, which has a population of 5.9 million, is the USA’s sixth-largest, up two notches since 2000. Austin, the 35th-largest metro at 1.7 million, moved up five spots and San Antonio ranks 28th, up one rung, at 2.1 million.

Texas job growth tops nation for the decade – Texas continued to make strides in private sector job growth during the past 10 years. Texas led the nation with 724,300 more net private sector jobs in December 2009 compared with one decade ago. Over the last 10 years only two of the 10 largest states, Texas and Florida, had positive job growth. “Texas’ business, tax, and economic policies created an environment where businesses can succeed and create jobs.” (Source: Austin Business Journal, U.S. Department of Labor Bureau of Labor Statistics and Texas Workforce Commission) Ten boom towns with resilient economies, growing industries, and lots of job potential. Knowledge workers, take note. – BNET ranks Austin number one for job growth over the next decade. “Over the next decade, the best jobs are going to go to the cities with the industries and the entrepreneurial incentives in place to support a highly educated, tech-savvy workforce.”

Best Cities for Jobs – Moster.com ranks Austin number one for jobs in 2010 and lists the criteria needed for creating jobs in the future that are a great match for Austin: 1) Tech companies are moving there, 2) Universities and research parks collaborate with the local business community. 3) The political climate is business-friendly. 4) There’s a high concentration of entrepreneurs. 5) A large proportion of the residents have a bachelor’s degrees or higher. Texas gains the most Jobs over the Decade – Another Brookings report showed that Texas gained the most jobs with more than 40 percent more jobs at the end of 2009 than at the end of 1999.

Article Source: http://depositarticles.com/

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