The Austin Business Journal article ranked Austin again at #1 as the the strongest local economy in the United States. The index measures relative vitality of 102 major markets with more than 500,000 population. The private sector jobs in Austin grew by 10.1 percent. The unemployment rate
remains low at 5.4 percent. The retail sector employment has jumped 9.2 percent since 2008, which is the largest increase anywhere in the country. On a side note, we are seeing a large amount of relocation here and the housing demand is strong. Most properties that are priced well and in good locations are receiving multiple offers now. Here is the full article link:
