Texas a “Bright Spot” in Nation’s Economy
Posted August 1st, 2012 | by The Update
Texas is being hailed as a “bright spot” in the nation’s economy, and among Texas’ cities those in the DFW area stand out the most.
(From Star Local News) “Texas and North Dakota are two bright spots in the entire country — there’s a lot of jobs being created [in these two states],” said Morris, founder and CEO of Insight Research Corporation. “Texas, as you all may have [heard], has created more jobs over the last year and a half than the rest of the country put together.”
Morris pointed out that Texas is one of the fastest-growing states in the country; it had a 2.1 percent growth rate in from April 2010 to July 2011, according to data from the U.S. Census Bureau. Most other states, by comparison, had growth rates of approximately 1 percent or less. Essentially, Morris said, people are leaving states with downward-trending economies and coming to Texas for jobs.
In addition to the state’s positive economic condition, the Dallas-Fort Worth area is also in a strong economic position. In June, the Census Bureau revealed that eight Texas cities — Round Rock, Austin, Plano, McKinney, Frisco, Denton, McAllen and Carrollton — were among the top-15 fastest-growing large cities from April 2010 to July 2011.
Click here to read the full article.
Subscribe to Update Fort Worth, like us on Facebook, and follow us on Twitter and Pinterest. Also see our sister site Update Dallas.
Related Posts
Home of the Week: An Extravagant Estate in Southlake →
The Robbie Report: As China Market Skyrockets, Dallas Region Beckons →
Follow Us on Pinterest! →
