Austin Area and Business Economy…
- Two companies in Austin made the 2017 Fortune
500 list.
- Austin’s unemployment rate is at 3.2 which is
significantly lower than the national rate. (Austin Chamber of Commerce)
- Austin’s empoyement growth has remained
steadily above the state average and the national average. (Austin Chamber of
Commerce)
- The Austin workforce is young and eager and the
median age is 4 years younger than that of the nation. (Austin Chamber of
Commerce)
- Austin is home to highly rated elementary and
secondary schools, as well as 120 private schools and 27 public and private
universities and colleges. (Austin Chamber of Commerce)
- Austin is a hub for pharmaceutical and
biotechnology companies and the city is home to about 85 of these. (statnews.com)
- The Austin area is recognized around the country
as a select location for corporate headquarters and supporting facilities.
(Austin Chamber of Commerce)
Austin Ranks….
- Austin is the 3rd best city to start
a career. (WalletHub)
- Austin is the 8th Best Place to Start
a Business. (WalletHub)
- Austin is included on the global list for 30
best cities for real estate investment. (JLL)
- Austin is one of America’s Hardest Working
Cities (WalletHub)
- Austin is one of the top 10 Cities for Career
Opportunities in 2016. (Smartasset)
- Austin is America’s fastest growing city.
(Forbes)
The Importance of Highway Infrastructure Through Coverage
- Travis County has 1 interstate highway, 2 U.S.
Highways, 5 State highways, 7 State Highway Loops and Spurs, and 3 toll roads.
- High
speed limits, HOV lanes and toll roads
- All
creates ability to travel a longer distance for work in less time opening more
areas to population growth and development
Texas Ranks…
- #1 for the Best Business Climate (Business Facilities’ 13th Annual Rankings Report)
- #1 for the Best Infrastructure (Business
Facilities’ 13th Annual Rankings Report)
- Texas is the Best State for Business- for the 12th
year in a row. (Chief Executive)
- #1 for
best states for company headquarters (Source: SF Gate, 9/3/12)
- #1 on
the list of best places to start a small business (Source: Supermedia.com,
9/11/12)
The Importance of Area Employment, Especially in the Suburbs
- Newer
houses often mean fewer repairs
- Job
centers and large employers are not only in the city
- Austin’s top 11 employers employ 6,000 people or
more. (including Apple, Austin Independent School District, City of Austin,
Dell Technologies, Federal Government, IBM Corp., Samsung Austin Semiconductor,
Seton Healthcare Family, Seton Healthcare Family, St. David’s Healthcare
Partnership, State of Texas, and University of Texas at Austin)
- Travis County has 1 interstate highway, 2 U.S. Highways, 5 State highways, 7 State Highway Loops and Spurs, and 3 toll roads.
- High speed limits, HOV lanes and toll roads
- All creates ability to travel a longer distance for work in less time opening more areas to population growth and development
- #1 for the Best Business Climate (Business Facilities’ 13th Annual Rankings Report)
- #1 for the Best Infrastructure (Business Facilities’ 13th Annual Rankings Report)
- Texas is the Best State for Business- for the 12th year in a row. (Chief Executive)
- #1 for best states for company headquarters (Source: SF Gate, 9/3/12)
- #1 on the list of best places to start a small business (Source: Supermedia.com, 9/11/12)
- Newer houses often mean fewer repairs
- Job centers and large employers are not only in the city
- Austin’s top 11 employers employ 6,000 people or more. (including Apple, Austin Independent School District, City of Austin, Dell Technologies, Federal Government, IBM Corp., Samsung Austin Semiconductor, Seton Healthcare Family, Seton Healthcare Family, St. David’s Healthcare Partnership, State of Texas, and University of Texas at Austin)
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