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Austin among top 12 metros that grew jobs in past decade

February 9, 2012
Austin is one of 11 metropolitan areas in the Sunbelt to post job gains in the past decade, according to an analysis of preliminary data from the U.S. Bureau of Labor Statistics. more >

U.S. unemployment drops again; economy adds 243K jobs

February 9, 2012
The U.S. unemployment rate fell in January for a fifth straight month, to 8.3 percent, as the economy added nearly a quarter-million jobs. more >

Austin No. 3 for most jobs gained since recession

February 9, 2012
Austin is among 13 of the nation’s 100 biggest labor markets to have regained all of the jobs that were lost during the recession. more >

Perryman: Austin economy will remain strong

January 30, 2012
The Austin metropolitan area will remain one of the strongest performing areas in the nation in the coming years, predicts Ray Perryman, economist and CEO of The Perryman Group. more >

Austin’s unemployment rate at 2-year low

January 23, 2012
Austin’s unemployment rate for December has dropped to its lowest level in more than two years, according to figures from the Texas Workforce Commission. more >

Samsung may spend $1 billion to upgrade Austin production

January 18, 2012
Samsung Electronics Co. said Tuesday that it will spend heavily this year perhaps $1 billion or more to boost the production of its manufacturing complex in Austin for more advanced low-power processors for mobile devices. more >

Market Trend: Net Absorption Was Positive 493,706 SF for Austin's Office Market in Q4 2011

January 18, 2012
Net absorption for the overall Austin office market was positive 493,706 square feet in the fourth quarter 2011. That compares to positive 683,912 square feet in the third quarter 2011, positive 467,382 square feet in the second quarter 2011, and positive 137,236 square feet in the first quarter 2011. more >

Business Digest: 23-story apartment tower planned for Rainey Street area; Austin operations help keep IBM on top of U.S. patent list

January 12, 2012
The developers behind a 44-story downtown condominium high-rise near the Austin Music Hall said Wednesday that they are planning a 320-unit apartment tower that would rise 23 stories in the Rainey Street area. more >

Austin-area office market ends 2011 with vacancies down, rents up

January 9, 2012
The Austin area office market continued its upswing in the final quarter of 2011, with space filling up and rents rising, according to Oxford Commercial, a brokerage that tracks the market. more >

Fed Report Says Fannie, Freddie Losses May Aid Housing Recovery

January 5, 2012
A report from Federal Reserve Chairman Ben S. Bernanke called the weakness in the housing market a "significant barrier" to U.S. economic health and said Fannie Mae and Freddie Mac might have to bear greater losses to stoke a broader recovery. more >
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