It's no secret that Austin is Booming. Anyone driving through downtown, up SoCo, or taking IH35 in recent years has seen the many new additions. The energy of resurgence is palpable in the light of the near 5 year recession that spared no county or state. But did you know we're projected to have the greatest rate of industry and population growth in the next 10 years? Can this mean the end to our financial woes is in sight?
Brandon Luedtke of "The Daily Texan" reports in his July 11th article entitled
"Job creation, growth seat Austin atop Forbes’ boomtown list" that Austin's history of job creation and healthy population growth were the main factors in deciding the title. He goes on to interview an economic developer for the city, and found that the continued diversification of jobs since the late 80's (going from an education/government career base to a progressive information technologies hub) has helped propel Austin into a future-friendly job market.
One UT corporate communication and business major says people choose to stay in Austin after completing their formal education (possibly more-so than in other cities) because there are unique opportunities opening for people of all career interests. Essentially, Austin is the New Frontier of the South.
This is nothing I haven't been sayin' since I arrived here from San Antonio 7 years ago. Austin truly does have a niche for everybody. And if you can't make it here...You're an ass! And maybe you should move on. Now a reporter from The Daily Texan is backing me up on this. If you're planning on settling down here after college, buying property, or even starting a small business in Travis County (as I am), it's important to know where we stand as a city.
While it is kinda scary to think that cozy, "small-town feel" Austin will "BOOM" in our faces by 2020, and competition will rise (along with rent, taxes, parking prices) I think it's exciting to know that we have a secure footing as America's most promising region. It would behoove any hopeful Austin "Lifer"to read this article.
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