Texas has been boosted since January by several notable announcements involving corporate relocations and expansions that represent thousands of jobs and billions of dollars. Here are five notable announcements from the first three months of the year. Full article here: Gone to Texas: 2026 sees firms relocating (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open the...
Austin startups in defense technology, autonomous vehicles and artificial intelligence just recorded their strongest quarter of private fundraising in history, pulling in at least $4.2 billion in venture capital — with some tallies putting the total even higher. Opportunity Austin, the region’s independent economic organization, calculated the $4.2 billion figure, which surpassed the previous...
Texas may have plenty of other inherent economic advantages, including a central location and a long international border, but its high concentration of major metropolitan areas is also a significant factor behind the state’s long-term success. The state additionally benefits from the proximity of those major cities to each other — the Austin, San Antonio, Houston and Dallas-Fort Worth metropolitan...
Billionaire Elon Musk announced a massive project to produce chips to power his companies, with the work starting at a facility in the Austin area. Musk called it “the most epic chip-building exercise in history by far.” The “TERAFAB” project is a joint effort involving Tesla, SpaceX and xAI. Musk said the chips will be used in vehicles, Tesla’s humanoid AI robots and for projects in space,...
Austin ranks as the best major metro in the nation for women-owned businesses, according a new study that evaluated more than 200 cities across the U.S. The study by CoworkingCafe, an online listing service for flex workspaces, grouped U.S. cities by population size and assessed them based on 14 separate indicators across three categories: women’s entrepreneurship, economic conditions and the local...
Everything is bigger in Texas — and small-business optimism is no exception. The National Federation of Independent Business’ small-business economic trends report ranked the Lone Star State high in comparison with other U.S. states. The group’s latest Small Business Optimism Index for Texas checked in at 101.1, which was 3.2 points ahead of the national average. Of the index’s 10 components,...
Austin is the top U.S. metro for the largest increase in new movers in 2025, according to a recent Bank of America Institute report, and much of that growth is coming from within Texas. While Austin once functioned largely as a landing spot for tech workers from California and the West Coast, the January report found that nearly one in four of Austin’s new residents came from other major Texas...
Samsung Electronics Co. Ltd. has begun limited operations at its new chip manufacturing plant in Taylor, marking a major milestone for a project that has faced years of delays. The company confirmed that the facility’s first chips are expected to roll off the production line later this year. Several hundred employees have already been working at the still-under-construction site since November....
Base Power, one of Austin’s most valuable startups, plans to create 500 jobs at a new manufacturing facility and is seeking assistance from the city of Austin to do so. The energy company, led by co-founder and CEO Zach Dell, the son of Dell Technologies Inc. founder Michael Dell, plans to invest $265 million in a new 486,000-square-foot manufacturing facility near Austin-Bergstrom International...
Curious how Austin ranks among the U.S.? You might be surprised to know Austin is ranked #55. This website uses Rent, Cost of living Plus Rent, Groceries, Restaurant price and Local purchasing power indexes to determine ranking. Some of the cities more expensive than Austin include Philadelphia, New Orleans, Fort Lauderdale, Portland, Colorado Springs, Dallas, Phoenix, Minneapolis, Saint Louis,...
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