Monday, June 17, 2013

The Texas Boom is Here to Stay!

Just the Facts

The Texas Boom is Here to Stay!
Texas Net Job Gain:  1,068,900
The Other 49 States Net Job Gain:   1,244,700

Photo: Leadership Texas style: A picture worth a million jobs. Hat tip: Texas Public Policy Foundation and Marie McClellan.

The Texas boon has only begun.  Virtually all economists agree that Texas has so many things going for it that the extraordinary growth of Texas will continue for many years.  Our governor touts the Texas story all over the nation, much to the chagrine of numerous other governors.  But the facts are clear.  Low taxes, low regulation and a balance budget brings jobs, not to mention the pro-business, can-do attitude in Texas.   And jobs bring people.
-          Facebook, June 15, 2013

The Texas Housing Rebound to Continue
The Texas housing rebound shows no sign of letting up, but the rapid rise in home prices could taper off, according to a new report by the Federal Reserve Bank of Dallas.  “Stronger-than-average employment growth and consistent in-migration should continue boosting demand for homes,” business economist D’Ann Peterson said in the Dallas Fed’s Southwest Economy quarterly report.
-          Dallas Morning News, June 15, 2013

DFW Area Gains One Million Every 7 Years
The U.S. Census reports that the DFW Metro, now the 4th largest in the nation, is set to have a net gain of over one million people every seven years.   This is expected to continue for the next 25 years.
-          U.S. Census