(Photo credit: Forbes Magazine)
At a time when the country as a whole is experiencing an economic slowdown, some cities continue to boast consistent, healthy growth. Austin was recently included in Forbes magazine’s list of top 10 cities in which to relocate. Ranked second behind only Raleigh, North Carolina, the article credits factors such as weather, affordable housing and more business opportunities for the city’s relocation desirability.
The article cites the city’s biggest employers as the University of Texas, Advanced Micro Devices and Dell, which may have something to do with Austin’s low January 2009 unemployment rate of 6.4 percent.
Read the full Forbes article here.
Austin’s economy also recently made news for its capacity to support economic growth in a study conducted by Pitney Bowes Business Insight. Four of the top five cities are in Texas, but Austin takes the top spot because of its “consistent healthy growth in gross metropolitan product, personal disposable income and consumer expenditures, coupled with a decline in personal bankruptcies.” Read the full Austin Business Journal article here.