Texas is one of the most resilient economies in the United States. It boasts a low cost of living, ranks high in ease of doing business, and is home to a diverse, rapidly growing, and highly educated population.
- Texas’ gross domestic product (GDP) is approaching $2.7 trillion, ranking it the eighth-largest economy globally, ahead of Brazil, Italy, Canada and Russia.
- The “Headquarters of Headquarters” nearly 300 corporate relocations to Texas have been announced in the past decade, attracting businesses of all sizes.
- Texas is home to 9 of the 10 fastest-growing cities in the nation.
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Known for its thriving economy, vibrant culture, and high quality of life, Austin has transformed into one of the most attractive destinations for businesses and individuals seeking success and growth.
- Austin ranks #1 in global real estate investment according to AFIRE (2022).
- The Austin metro area is one of the fastest-growing in the country, with a booming job market and diverse employment opportunities.
- Austin's population growth is driven by its cultural vitality, outdoor spaces, and vibrant food and entertainment scene, including its status as the "Live Music Capital of the World."
Discover why Austin is captivating both businesses and residents alike. Download our Spotlight: Austin report today.
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