Austin, Texas

The City of Austin is the capital of the U.S. state of Texas and the county seat of Travis County. According to the 2000 U.S. Census, Austin has a population of 656,562 people, making it the fourth-largest city in Texas and the 16th largest in the United States. Situated in the region of Central Texas, the Austin-Round Rock metropolitan area is one of the fastest-growing in the United States and is home to an estimated population of 1.4 million as of 2004. Residents of Austin are known as Austinites.

1 The local economy
2 Recent Austin business news
3 See also
4 External links

The local economy

Thousands of graduates each year from the engineering and computer science programs at The University of Texas at Austin provide a steady source of young, talented and driven employees that help to fuel Austin's technology sector. The metro Austin area also has much lower housing costs than, for example, Silicon Valley. As a result of the relatively high concentration of high tech companies in the region, Austin was strongly affected by the dot-com boom in the late 1990s and subsequent bust, although recovery is proceeding rapidly.

Austin's biggest employers include the State of Texas, The University of Texas, the SETON Healthcare Network, Dell, IBM and Freescale Semiconductor (spun off from Motorola in 2004). Other high-tech companies in Austin include Apple Computer, Vignette, AMD, Applied Materials, Intel, Motive Inc, Cirrus Logic, Samsung, National Instruments, United Devices and Sun Microsystems. The proliferation of technology companies has led to the region's nickname, "the Silicon Hills," and has spurred rapid development that has greatly expanded the city to the north and south.

In addition to global companies, Austin features a strong network of independent, locally-owned firms and organzations, the Austin Independent Business Alliance. The success of these businesses reflects the high level of commitment by the citizens of Austin to preserving the unique spirit of the city, and has been tied to the "Keep Austin Weird" campaign.

Source - Wikipedia: Austin, Texas

Recent Austin business news

Links to recent headlines via Topix.net

Real Estate Business Services, Terradatum Partner to Provide Clarus MarketMetrics Nationwide: Real Estate Business Services Inc. and Terradatum Inc. today announced that Clarus MarketMetrics , the Web-based real estate market analysis tool, will be available nationwide beginning January 2009.
Add to Video Cart...: A day after Speaker of the House Tom Craddick drops out of the race, San Antonio Rep.
Public relations, press release distribution, investor relations, SEC filing: 7, 200910:00 a.m. EST WHO: - -- --National Association of Home Builders: WHEN: Thursday, Jan.
Vignette Reports Preliminary Fourth-Quarter 2008 Financial Results: Vignette Corporation today announced preliminary results for its fourth quarter ended December 31, 2008.
Harker Heights business development continues in 2009: Many residents from surrounding areas are enjoying the growth in Harker Heights.
Aerius Lab Results Exceed Expectations: Aerius International, Inc. is pleased to release additional independent CTIA certified lab test results from ETS-Lindgren in Austin, Texas and SGS, a CTIA certified lab in Taiwan.
Comments: Southwest Key director of special projects Layla Fry sent me an email in response to the issues raised by Eugene Sepulveda about the new charter middle school Southwest Key plans to open next school year.
NI expecting 11% revenue increase for 2008: National Instruments Corp. said Friday it expects to report fourth quarter 2008 revenue of $202 million, down 1 percent from the fourth quarter of 2007 and off 1 percent of the company's low-end guidance ...