Austin has had a spectacular year, and the future is looking just as bright, predicted local economist Angelos Angelou at his annual economic outlook event.
The Austin area welcomed 65,500 new residents, created 26,300 new jobs, founded 1,120 new businesses and saw $722 million in venture capital investment in 2012, according to numbers compiled by AngelouEconomics. Unemployment sank to 5.3 percent, well below the 7.8 percent national average.
The city’s future looks just as bright. About 28,000 new jobs are forecast for 2013, and 2014 is projected to yield more than 30,000 new jobs. Angelou said those numbers are on the conservative side.
Read more...Angelou projects Austin's boom to continue in 2013, 2014 - Austin Business Journal