The Austin Business Journal reported today that Moody’s research has named Austin #1 out of 400 metro areas for doing business. These small nuggets of news and ratings, rankings, “Best of” lists, etc. help support the notion that Austin’s strong real estate market is grounded in real, actual economic success.
The article states:
the Austin-Round Rock Metropolitan Statistical Area (MSA) earned the top spot over almost 400 metropolitan areas tracked by the company’s economic vitality index….The index, published since 2001, evaluates current economic conditions, expected trends, and potential risks, taking into account factors such as employment growth, household income, productivity, net migration, industrial diversity, and cost of doing business.
Austin is a great place to live and a great place to do business. We could not be asking for a stronger foundation upon which to be moving forward.
Read the full article here.