Software developer is the most common occupation among Austin’s top earners and two-thirds of them are millennials, according to an American-Statesman analysis of census survey data. The analysis found the top 10% of earners in Austin made at least $173,000 in 2023, the most recent year with detailed occupational information available. That was notably higher than in every other Texas metro, the...
One year ago, businesses — especially CEOs — were optimistic about the U.S. economy in 2025, expecting lower taxes and more market-friendly policies from incoming President Donald Trump. Then came April 2, Liberation Day. The market fell, uncertainty rose, and affordability became a more acute concern. Meanwhile, the labor market continued to weaken, as immigration restrictions led to a...
Homebuyers are watching the economy closely, and for good reason. Buying a home is one of the biggest purchases most people ever make. And some recession talk in the media has made a lot of would-be buyers second guess their plans. But here’s the good news: the experts aren’t nearly as concerned. Full article here: Most Experts Are Not Worried About a Recession (512) 853-0110...
Thirty miles northeast of Austin, Samsung Electronic Co.’s new semiconductor manufacturing complex has risen across more than 1,200 acres, its price tag adding up to one of the biggest private investments in Texas history. The world’s largest maker of memory chips and smartphones chose this corner of Williamson County to anchor what it hopes will become a long-term manufacturing hub, a fabrication...
The vast data centers needed to power artificial intelligence are in high demand, and Texas is at the center of a new boom to build the physical infrastructure behind the digital revolution. Due to its relatively cheap electricity, abundant land, and business-friendly policies, Texas has seen rapid growth in data centers, especially the facilities needed to run the energy-intensive computations that...
Since 2017, U.S. News & World Report has analyzed the 50 U.S. states across a variety of categories, including healthcare, education, natural environment, opportunity, economy, crime and corrections, infrastructure, and fiscal stability. Texas boasted the second-best economy in the country, behind Florida. Full article here: Texas has 2nd-best economy among states in 2025 (512) 853-0110...
Texas is still the top state for business, at least to some of the nation’s CEOs. Chief Executive magazine has ranked Texas as the best state for business for the 21st year in a row. The ranking is determined from an annual survey of the nation’s leading CEOs. Florida and Tennessee followed Texas respectively, with California ranking last. Full article here: Texas tops CEOs’ state business...
After several delays over the past couple of years, Google Inc. has confirmed it will finally be moving into the high-profile, 35-story sail-shaped tower in downtown Austin this year. Google has been at home in Texas since 2007. The 804,000-square-foot Sail Tower at West Cesar Chavez and Nueces streets is near the Second Street entertainment district downtown, and it has unobstructed views of Lady Bird...
The vast data centers needed to power artificial intelligence are in high demand, and Texas is at the center of a new boom to build the physical infrastructure behind the digital revolution. Due to its relatively cheap electricity, abundant land, and business-friendly policies, Texas has seen rapid growth in data centers, especially the facilities needed to run the energy-intensive computations that...
Texas’ economy continues to grow rapidly, outpacing the nation in the fourth quarter of 2024. According to data from the U.S. Bureau of Economic Analysis, Texas’ real gross domestic product (GDP) grew at an annual rate of 3.5% in the fourth quarter of 2024, compared to the U.S. average of 2.4%. GDP represents the total value of all goods and services produced within the state over a specific...
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