Austin – A City Ripe For Retail

"What cities are best positioned to grow and prosper in the coming decade? No. 1 Austin, Texas has it all demographically and is an economic superstar with job creation records among the best in the nation."
- "The Next Biggest Boomtowns in the U.S.",  Forbes 

Top Job Market

Austin is home to one of the best job markets in the nation.

Unemployment rates have been lower than those of Texas and the U. S. over the past 5 years.

Perhaps the biggest economic engine for Austin is its quality of life. The City’s parks, natural beauty, top-ranked universities, affordable cost-of-living and thriving culture continue to attract visionary, educated and hard-working people from all over the world.

Positive Buzz

Austin is enjoying significant positive buzz and frequently appears on “top cities” lists:

  • America’s fastest-growing city Forbes
  • Best performing city where jobs are created and sustained Milken Institute
  • Best city for job growth Forbes
  • #1 Hot U.S. City that offers both jobs and culture U.S. News
  • Best place to raise a family Parenting Magazine
  • #8 America’s 50 best cities Bloomberg Business Week
  • Among America’s Coolest Cities Forbes

Austin attracts 19.7 million* visitors per year who spend about $3.9 billion here per year.

Austin is one of the top visitor destinations in the U.S. and major employers attract a steady stream of business travelers year round.