Texas a “Bright Spot” in Nation’s Economy
Posted August 1st, 2012 | by The Update
(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.
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