Posts
This is a MUST read Star-Telegram.com
Three Texas metro areas among best for growth, study says
Posted Thursday, May. 13, 2010 By STEVE CAMPBELL sfcampbell@star-telegram.com Texas metro areas have already been singled out as among the best places to
ride out the Great Recession, but a new study illustrates the long-term
vigor of the Dallas-Fort Worth, Houston and Austin economies. Seattle; Washington, D.C.; and Denver topped the list of strongest local
economies over two decades, from 1989 to 2008, according to Policom Corp.'s
2010 ranking of 366 metropolitan statistical areas. And while Houston (No. 4), Dallas-Fort Worth (No. 10) and Austin (No. 12)
didn't lead the list, the top 15 spots are virtually interchangeable, said
William Fruth, president of Policom, a Palm City, Fla., company that
specializes in analyzing local and state economies. What does stand out is Texas' long-term economic performance, he said. Driving that success is the state's diversified economy, low tax rates and
limited regulation, he said. "There is no other state in the country that has had a better track record
for 20 years of quality economic growth than Texas," Fruth said. "When you
chart out the states, no one has done better." Why? "I knew the answer to that question and I asked a local economic developer
in Texas. His response: 'We shoot regulators at the state line.' That sums
it up," Fruth said. "You have greater economic freedom and an attitude that
we want economic development. "You go to Texas and you are a go-go state. We want you to come here and
grow and be profitable." Fruth's list closely mirrors an assessment of the best cities to find jobs
released by Newgeography.com in April. "If you look at all the regions, nothing else does as well as Texas,"
Pepperdine University professor Michael Shires told the Star-Telegram after
the five major Texas cities notched half of the top 10 spots for jobs. "During volatile times, places with broad-based growth strategies -- like
Texas and Utah -- do best," Shires wrote in an article accompanying the
rankings, "Finding the Good in This Bad Time." Fruth said his rankings incorporate 23 economic factors and don't reflect
the "latest 'hot spot' or boomtown" but areas with the strongest economic
foundations. "While most communities have slowed or declined during this recession, the
strongest areas have been able to weather the storm," he said. "The
top-rated areas have had rapid, consistent growth in both size and quality
for an extended period of time." Two factors helped Seattle notch the top spot: Boeing and Microsoft. "They
provide lots of jobs, and they pay very well," Fruth said. Washington, D.C., which has been ranked 1st, 2nd or 3rd over the last seven
years, has a built-in advantage, he said. "The federal government is bigger than any corporation. It keeps growing.
The jobs are stable, and they pay well." Other Texas metro areas in the top 100 were San Antonio (No. 29), Corpus
Christi (No. 80) and Killeen-Temple-Fort Hood (No. 89). STEVE CAMPBELL, 817-390-7981 Looking
for comments? ANNE JOHNSON-CHEVERERE Realtor(r) 512-917-5260 Cell 512-328-5151 Office 512-328-0404 Fax Follow me on LinkedIn Twitter Facebook
HookemHomes.com RE/MAX Austin Skyline 4611 Bee Caves Rd., Suite 200 Austin, Texas 78746 annejohnson@austin.rr.com anne@HookemHomes.com SEARCH ALL LISTINGS REMAX.COM The finest compliment I can ever receive is your referral. Please remember
me when your friends, family, and co-workers are thinking about buying or
selling residential and investment real estate.
Three Texas metro areas among best for growth, study says
Posted Thursday, May. 13, 2010 By STEVE CAMPBELL sfcampbell@star-telegram.com Texas metro areas have already been singled out as among the best places to
ride out the Great Recession, but a new study illustrates the long-term
vigor of the Dallas-Fort Worth, Houston and Austin economies. Seattle; Washington, D.C.; and Denver topped the list of strongest local
economies over two decades, from 1989 to 2008, according to Policom Corp.'s
2010 ranking of 366 metropolitan statistical areas. And while Houston (No. 4), Dallas-Fort Worth (No. 10) and Austin (No. 12)
didn't lead the list, the top 15 spots are virtually interchangeable, said
William Fruth, president of Policom, a Palm City, Fla., company that
specializes in analyzing local and state economies. What does stand out is Texas' long-term economic performance, he said. Driving that success is the state's diversified economy, low tax rates and
limited regulation, he said. "There is no other state in the country that has had a better track record
for 20 years of quality economic growth than Texas," Fruth said. "When you
chart out the states, no one has done better." Why? "I knew the answer to that question and I asked a local economic developer
in Texas. His response: 'We shoot regulators at the state line.' That sums
it up," Fruth said. "You have greater economic freedom and an attitude that
we want economic development. "You go to Texas and you are a go-go state. We want you to come here and
grow and be profitable." Fruth's list closely mirrors an assessment of the best cities to find jobs
released by Newgeography.com in April. "If you look at all the regions, nothing else does as well as Texas,"
Pepperdine University professor Michael Shires told the Star-Telegram after
the five major Texas cities notched half of the top 10 spots for jobs. "During volatile times, places with broad-based growth strategies -- like
Texas and Utah -- do best," Shires wrote in an article accompanying the
rankings, "Finding the Good in This Bad Time." Fruth said his rankings incorporate 23 economic factors and don't reflect
the "latest 'hot spot' or boomtown" but areas with the strongest economic
foundations. "While most communities have slowed or declined during this recession, the
strongest areas have been able to weather the storm," he said. "The
top-rated areas have had rapid, consistent growth in both size and quality
for an extended period of time." Two factors helped Seattle notch the top spot: Boeing and Microsoft. "They
provide lots of jobs, and they pay very well," Fruth said. Washington, D.C., which has been ranked 1st, 2nd or 3rd over the last seven
years, has a built-in advantage, he said. "The federal government is bigger than any corporation. It keeps growing.
The jobs are stable, and they pay well." Other Texas metro areas in the top 100 were San Antonio (No. 29), Corpus
Christi (No. 80) and Killeen-Temple-Fort Hood (No. 89). STEVE CAMPBELL, 817-390-7981 Looking
for comments? ANNE JOHNSON-CHEVERERE Realtor(r) 512-917-5260 Cell 512-328-5151 Office 512-328-0404 Fax Follow me on LinkedIn Twitter Facebook
HookemHomes.com RE/MAX Austin Skyline 4611 Bee Caves Rd., Suite 200 Austin, Texas 78746 annejohnson@austin.rr.com anne@HookemHomes.com SEARCH ALL LISTINGS REMAX.COM The finest compliment I can ever receive is your referral. Please remember
me when your friends, family, and co-workers are thinking about buying or
selling residential and investment real estate.
Three Texas metro areas among best for growth, study says
Posted Thursday, May. 13, 2010 By STEVE CAMPBELL sfcampbell@star-telegram.com Texas metro areas have already been singled out as among the best places to
ride out the Great Recession, but a new study illustrates the long-term
vigor of the Dallas-Fort Worth, Houston and Austin economies. Seattle; Washington, D.C.; and Denver topped the list of strongest local
economies over two decades, from 1989 to 2008, according to Policom Corp.'s
2010 ranking of 366 metropolitan statistical areas. And while Houston (No. 4), Dallas-Fort Worth (No. 10) and Austin (No. 12)
didn't lead the list, the top 15 spots are virtually interchangeable, said
William Fruth, president of Policom, a Palm City, Fla., company that
specializes in analyzing local and state economies. What does stand out is Texas' long-term economic performance, he said. Driving that success is the state's diversified economy, low tax rates and
limited regulation, he said. "There is no other state in the country that has had a better track record
for 20 years of quality economic growth than Texas," Fruth said. "When you
chart out the states, no one has done better." Why? "I knew the answer to that question and I asked a local economic developer
in Texas. His response: 'We shoot regulators at the state line.' That sums
it up," Fruth said. "You have greater economic freedom and an attitude that
we want economic development. "You go to Texas and you are a go-go state. We want you to come here and
grow and be profitable." Fruth's list closely mirrors an assessment of the best cities to find jobs
released by Newgeography.com in April. "If you look at all the regions, nothing else does as well as Texas,"
Pepperdine University professor Michael Shires told the Star-Telegram after
the five major Texas cities notched half of the top 10 spots for jobs. "During volatile times, places with broad-based growth strategies -- like
Texas and Utah -- do best," Shires wrote in an article accompanying the
rankings, "Finding the Good in This Bad Time." Fruth said his rankings incorporate 23 economic factors and don't reflect
the "latest 'hot spot' or boomtown" but areas with the strongest economic
foundations. "While most communities have slowed or declined during this recession, the
strongest areas have been able to weather the storm," he said. "The
top-rated areas have had rapid, consistent growth in both size and quality
for an extended period of time." Two factors helped Seattle notch the top spot: Boeing and Microsoft. "They
provide lots of jobs, and they pay very well," Fruth said. Washington, D.C., which has been ranked 1st, 2nd or 3rd over the last seven
years, has a built-in advantage, he said. "The federal government is bigger than any corporation. It keeps growing.
The jobs are stable, and they pay well." Other Texas metro areas in the top 100 were San Antonio (No. 29), Corpus
Christi (No. 80) and Killeen-Temple-Fort Hood (No. 89). STEVE CAMPBELL, 817-390-7981 Looking
for comments? ANNE JOHNSON-CHEVERERE Realtor(r) 512-917-5260 Cell 512-328-5151 Office 512-328-0404 Fax Follow me on LinkedIn Twitter Facebook
HookemHomes.com RE/MAX Austin Skyline 4611 Bee Caves Rd., Suite 200 Austin, Texas 78746 annejohnson@austin.rr.com anne@HookemHomes.com SEARCH ALL LISTINGS REMAX.COM The finest compliment I can ever receive is your referral. Please remember
me when your friends, family, and co-workers are thinking about buying or
selling residential and investment real estate.
This is a MUST read Star-Telegram.com
Three Texas metro areas among best for growth, study says
Posted Thursday, May. 13, 2010 By STEVE CAMPBELL sfcampbell@star-telegram.com Texas metro areas have already been singled out as among the best places to
ride out the Great Recession, but a new study illustrates the long-term
vigor of the Dallas-Fort Worth, Houston and Austin economies. Seattle; Washington, D.C.; and Denver topped the list of strongest local
economies over two decades, from 1989 to 2008, according to Policom Corp.'s
2010 ranking of 366 metropolitan statistical areas. And while Houston (No. 4), Dallas-Fort Worth (No. 10) and Austin (No. 12)
didn't lead the list, the top 15 spots are virtually interchangeable, said
William Fruth, president of Policom, a Palm City, Fla., company that
specializes in analyzing local and state economies. What does stand out is Texas' long-term economic performance, he said. Driving that success is the state's diversified economy, low tax rates and
limited regulation, he said. "There is no other state in the country that has had a better track record
for 20 years of quality economic growth than Texas," Fruth said. "When you
chart out the states, no one has done better." Why? "I knew the answer to that question and I asked a local economic developer
in Texas. His response: 'We shoot regulators at the state line.' That sums
it up," Fruth said. "You have greater economic freedom and an attitude that
we want economic development. "You go to Texas and you are a go-go state. We want you to come here and
grow and be profitable." Fruth's list closely mirrors an assessment of the best cities to find jobs
released by Newgeography.com in April. "If you look at all the regions, nothing else does as well as Texas,"
Pepperdine University professor Michael Shires told the Star-Telegram after
the five major Texas cities notched half of the top 10 spots for jobs. "During volatile times, places with broad-based growth strategies -- like
Texas and Utah -- do best," Shires wrote in an article accompanying the
rankings, "Finding the Good in This Bad Time." Fruth said his rankings incorporate 23 economic factors and don't reflect
the "latest 'hot spot' or boomtown" but areas with the strongest economic
foundations. "While most communities have slowed or declined during this recession, the
strongest areas have been able to weather the storm," he said. "The
top-rated areas have had rapid, consistent growth in both size and quality
for an extended period of time." Two factors helped Seattle notch the top spot: Boeing and Microsoft. "They
provide lots of jobs, and they pay very well," Fruth said. Washington, D.C., which has been ranked 1st, 2nd or 3rd over the last seven
years, has a built-in advantage, he said. "The federal government is bigger than any corporation. It keeps growing.
The jobs are stable, and they pay well." Other Texas metro areas in the top 100 were San Antonio (No. 29), Corpus
Christi (No. 80) and Killeen-Temple-Fort Hood (No. 89). STEVE CAMPBELL, 817-390-7981 Looking
for comments? ANNE JOHNSON-CHEVERERE Realtor(r) 512-917-5260 Cell 512-328-5151 Office 512-328-0404 Fax Follow me on LinkedIn Twitter Facebook
HookemHomes.com RE/MAX Austin Skyline 4611 Bee Caves Rd., Suite 200 Austin, Texas 78746 annejohnson@austin.rr.com anne@HookemHomes.com SEARCH ALL LISTINGS REMAX.COM The finest compliment I can ever receive is your referral. Please remember
me when your friends, family, and co-workers are thinking about buying or
selling residential and investment real estate.
