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Market News and Trends

Austin — a model for job creation


I have written and posted newspaper and magazine articles about relative economic strength of Texas and of the Austin/Central Texas economy and job market in particular. Now, we are the focus of a feature/cover story in Time Magazine:

The Workforce: Where Will the New Jobs Come From?

Austin features prominently throughout the article, but this excerpt near the end summarizes much of what I have been saying for months:

“Austin also offers a model of hope. The city’s surfeit of computer-programming talent allowed a video-game outfit to hire 50 developers and designers in the past two months. A manufacturer is building a new plant north of town to take advantage of the growing commercial-lighting industry even as its construction-related business falls off. A pharmaceuticals start-up is looking for new lab workers. Some companies are expanding, and others – markers of the city’s entrepreneurial spirit – are starting from scratch. Austin is emerging as one of the first pockets of the country where people are getting back to work ….”

There is also an interesting video focusing on two local companies:

Austin Shows How To Make New Jobs

And if that’s not enough, it’s 78 degrees and partly cloudy today. What a place!

About Bill Morris, Realtor

Many years of business experience (high tech, client service, business organization and start-up, including 18 years in real estate) tell me that service is the key to success and I look forward to serving you. I represent both buyers and sellers throughout the Austin metropolitan area, which means first-hand market knowledge is brought to bear on serving your needs. Learn more about my background and experience, my commitment to my clients, my profession, and to the real estate industry at CentralTexasHomeSearch.com.

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