Austin Remains a Top Growth Center

November 10th, 2008

Austin Business Journal

Austin is ranked among Top 10 growth centers in a bizjournals study released Monday.

The 10 fastest-growing metropolitan areas during the prosperous 1990s have continued expanding in the present decade, despite the erratic nature of the economy, according to the report. All 10 of the markets registered population gains of at least 13 percent between 2000 and 2007, led by Las Vegas’ seven-year increase of 33.5 percent.

Austin placed fourth on the list.

“Three Texas markets are members of the top 10, with Austin posting the best growth record of the trio," the report says. "Population has soared more than 8 percent in Austin in the past two years, and employment has jumped more than 10 percent. Raleigh (N.C.) is the only metro that can match this short-term momentum."

Trailing Las Vegas was Raleigh, N.C.; Cape Coral-Fort Myers, Fla.; Houston; Phoenix; and McAllen-Edinburg, Texas. Salt Lake City; Wichita, Kan.; and Charlotte, N.C. closed out the Top 10.

For Full Report go to: www.bizjournals.com/edit_special/73.html

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