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Texas Home to the Next Boomtowns

From the peppering of “sir” and “ma’am” in sentences to chicken-fried steak as a menu option, it is hard to resist the sweet Texan drawl and dining options. But the Lone Star State has other benefits, in particular, a burgeoning business scene. To clarify, a recent Forbes analysis has ranked Texas as harvesting America’s next boom towns.

A boomtown, to be specific, is a community that undergoes sudden and rapid population and economic growth, or that is started from scratch because of an influx of people. Austin, Houston, Dallas and San Antonio all made Forbe’s top ten list of boomtowns. Indeed, Forbes says it best, “”the most vital parts of urban America can be encapsulated largely in one five-letter word: Texas.”

Moreover, Austin, Houston, Dallas and San Antonio, achieved double-digit job growth from 2010 through 2014, well above the national average of 8.1%. They also all have posted income growth well above the national average.

The post Texas Home to the Next Boomtowns appeared first on Texas R&D Tax Credit Solutions.



This post first appeared on Industry Archives | Texas R&D Tax Credit Solutions, please read the originial post: here

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Texas Home to the Next Boomtowns

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