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Not only did we dodge the worst of the effects of the recession and housing downturn, but we were recognized as the first city to enter the recovery phase, and now our innovative spirit and success as an incubator of small businesses is being held out as an example of how to grow and succeed in the future. Continue reading
Austin most expensive rent in TX. As is generally true, press reports are best served with context.
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“Austin is emerging as one of the first pockets of the country where people are getting back to work ….” Continue reading
There is a difference between comparing employment from month to month, and comparing to the same month in a previous year. The Austin metro area gained jobs on a month-to-month basis for 8 of the 12 months from February 2009 through January 2010. Continue reading
While Austin has certainly felt the effects of the recession, I see good news in the TWC data. Admittedly, I am a “glass is half full” kind of guy, but I can’t figure out how to interpret that actual data negatively! Continue reading
The challenge is growing without sacrificing Austin’s wonderfully unique culture and lifestyle. There are a lot of people here who think we already missed that boat, but I think we’ve done pretty well, as evidenced by the fact that these young, leading edge firms continue to find the area attractive.
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Three more articles appeared today that demonstrate that developers and employers recognize the strength of the Central Texas economy and are making tangible bets on the future. Continue reading
I’ve written so much lately about growth and opportunity in Austin-proper, I want to share that the entire area is getting a lot of positive attention. More to come as the year goes on …. Continue reading
As the American-Statesman article says, total non-farm employment in December 2009 was 2,300 jobs lower than December 2008, but recent trends and most economic forecasts (Austin employment picture remains positive) are optimistic. Continue reading
As pleased as I am to be in our relatively healthy local economic environment, we must never forget that in many ways we are all in this together! We still need a national surge in private sector employment. That’s the keystone for all of us.
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Bill Morris on Austin Real Estate 