Business Facilities - October 2008 - (Page 43)

CSC, Google, IBM, Motorola, Northrop Grumman Information Technology, Sun Microsystems and Unisys Corp. All told, one third of the private sector payroll in Austin is generated by technology companies. The result of this is a city with an economy that continues to thrive, and robust job growth. The Texas Workforce Commission reported that in 2007 the Austin area experienced 3.1% job growth, while the U.S. average was 1.1%. In 2008 the Austin-Round Rock metropolitan area was ranked as the fourth bestperforming [large] city in the nation at creating and sustaining jobs [by the Milken Institute], vaulting up 16 places from the prior year. The Milken report called Austin “a thriving example of a 21st-century knowledge-based community,” which has continued to be among the country’s leaders in job growth—and in the importance of the hightech sector to its local economy. Another national ranking, this one by Trade & Industry Development magazine, identifies Austin as one of the five leading cities in the U.S. at driving a successful local IT sector. These cities employ people in computer and math sciences at more than twice the national average, and spend nearly four times the national average on research & development. IBM was one of the first technology players to establish a major presence in the Austin area. Schertz: A Premier Location in Texas Schertz, TX is on the path to become a premier Texas community thanks to unique social, environmental and economic advantages. The City of Schertz, located 15 miles northeast of downtown San Antonio, saw a 35% jump in population between 2000 and 2007. The growth through 2007 is attributable to a diverse economic base, close proximity to San Antonio, an excellent utility and information infrastructure and a population primarily comprised of military veterans and college-educated workers. Its stature as a city with access to fiber capabilities and its workforce has helped PHOTO: COURTESY OF THE AUSTIN CHAMBER OF COMMERCE #1802 at www.BusinessFacilities.com A S P E C I A L A D V E RT I S I N G S E C T I O N O F B U S I N E S S FA C I L I T I E S 43 http://www.gpedc.com http://www.BusinessFacilities.com

Table of Contents Feed for the Digital Edition of Business Facilities - October 2008

Business Facilities - October 2008 Contents First Word Snapshots Metro Spotlight: Phoenix, AZ Essential Relocation Tips Metro Spotlight: Fayette County, GA Corporate Moves: Kentucky Austria: Hungry for International Trade Foreign Trade Zones: Global Expansion at Reduced Cost New York is Banking on High-Tech Growth Metro Spotlight: Cuba, MO The Garden State is Growing it's City Centers Information Technology: No Signs of a Slowdown Advertiser Index Inside LiveExchange

Business Facilities - October 2008

For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.