Forbes calls Austin America’s No. 1 “boom town”
Austin Business Journal
Date: Friday, July 8, 2011, 8:17am CDT – Last Modified: Friday, July 8, 2011, 8:24am CDT
Austin was named the city most likely to grow and prosper during the next decade.
Forbes Forbes Latest from The Business Journals San Antonio expected to be one of America’s next boom townsPhoenix cracks ‘Forbes’ top 10 potential boom citiesOrlando’s boom town status Follow this company , in partnership with the Praxis Strategy Group, recently examined what the next decade has in store for America’s 52 largest cities. The publication used recent U.S. Census Bureau and the U.S. Bureau of Labor Statistics growth and demographic data to compile a list of the expected “boom towns.” The Central Texas region from Round Rock to San Marcos came in first.
The report lauded the Austin area for its impressive two-year employment and population growth, as well as the local number of college graduations and children. A separate report said Austin is expected to add 6,000 residents in one month this summer.
Other Texas cities high on the list included: San Antonio/New Braunfels (No. 4), Houston (No. 5) and Dallas (No. 7).
A slideshow of Forbes’ top boom towns is available here.
The ranking comes as no surprise, as Austin is a regular on regional “best of” lists. Click here for a roundup of its recent appearances.