Texas To Lead Economic Recovery

dallas-big SAN ANTONIO (San Antonio Business Journal) – Four major metropolitan areas in Texas will be among the first in the nation to recover from the recession, according to a nationwide forecast by IHS Global Insight.

San Antonio and Austin will lead the way, bouncing back to their prerecession job levels sometime next year, predicts the Lexington, Massachusetts based economic forecasting firm.

Houston and Dallas–Fort Worth are among eight other metropolitan areas predicted to recover by 2011.

Although, I have seen conflicting data that has these Texas cities flipped, with Dallas-Plano-Irving and Houston leading the way, with Austin and San Antonio following closely behind.  Either way, the hits just keep on coming, providing undeniable evidence that Texas is – and will remain – the place to be.  And, with new home inventory shrinking in the DFW Metroplex to healthy market levels, the outlook in North Texas is bright, indeed.

 

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