Austin, Texas is Booming!Posted: July 10, 2011
Forbes calls Austin America’s No. 1 “boom town”
Austin Business Journal
Austin was named the city most likely to grow and prosper during the next decade.
Forbes , in partnership with the Praxis Strategy Group, recently examined what the next decade has in store for America’s 52 largest cities. The publication used recent U.S. Census Bureau and the U.S. Bureau of Labor Statistics growth and demographic data to compile a list of the expected “boom towns.” The Central Texas region from Round Rock to San Marcos came in first.
The report lauded the Austin area for its impressive two-year employment and population growth, as well as the local number of college graduations and children. A separate report said Austin is expected to add 6,000 residents in one month this summer.