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Monday, August 7, 2023

Dallas - Fort Worth, Texas -- Boomtown -- Axios -- August 7, 2023

Locator: 45372TX.

Dallas - Ft Worth: boomtown.

  • Population: imagine San Diego, San Jose, New Orleans, Pittsburgh and Boise all rolled up into the same metropolitan area.
  • Zoom in: That would give you a sense of just how many people now live in the Dallas-Fort Worth area's major cities, which aside from the titular pair also include Arlington, Plano and Garland. 
  • The big picture: Dallas-Fort Worth is one of the country's fastest growing metropolitan areas. The region added more people than any other U.S. metro between 2021 and 2022, with 170,396 new residents. 
  • Zoom out: Texas is one of six states benefiting from a massive southward wealth migration, which is pulling the U.S. economic center away from the Northeast.
  • By the numbers
    •  265 businesses have either relocated or expanded to Dallas-Fort Worth since 2020. 
      • Dallas accounted for 59 of those moves. 
      • Among the biggest: Caterpillar, which last year relocated its headquarters from suburban Chicago to Irving.
    • Irving, a suburb near DFW Airport, has seen more than 20 business expansions and relocations in the past three years.

"The six states" not named, but possibly: the two Carolinas; Georgia; Florida; Tennessee; and, Texas?

Yup, see this article.

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