Morgan Stanley Moving To Dallas -- August 25, 2026

Locator: 51543DALLAS.

Sent to me by a reader: thank you very much. This is a huge development for so many reasons. 

Speaks volumes about Dallas becoming the nation's second financial hub after Wall Street.  

Link here. 

Morgan Stanley has reportedly picked Dallas over Alpharetta, Georgia, for a phased operational hub involving more than $1.3 billion in planned company and developer spending that city records say could support 4,800 jobs by 2039.

The New York-based financial giant chose Dallas after months of competition between the two cities, the New York Post reported Thursday. Morgan Stanley has not announced the decision publicly.

The reported selection advances a project The Dallas Express covered in June after the Dallas City Council unanimously approved up to $18.5 million in grants plus 90% business personal property tax abatements. The abatements run for five years at the temporary site and 10 years at the permanent site under the city agreement.

North Dakota With Bragging Rights for Regional Economic Expansion

October survey at Prairie Business Magazine.

The overall index ranges between 0 and 100. Growth neutral is 50, and a figure greater than 50 indicates an expanding economy over the next three to six months.

For the Mid-America Region (numbers rounded).

North Dakota: hit a regional high of 64 in October, compared to 62 in September. Continues to grow. Bragging rights, but barely above Oklahoma, the other oil state in this region.

Oklahoma: soared to 63 from 57 in September. The new oil plays in Oklahoma.

Iowa: dropped slightly from 57 to 54. Claim to fame: lots of wind energy.

Missouri: slipped to 50 from 51.

Kansas: rose to a still weak 48 from 47.

Minnesota: for the fourth straight month, below 50; at 47 last two months. Stagnant.

South Dakota: for the fourth straight month, growth below 50; slipped to 45 in October from 47 in September. Getting worse.

Nebraska: for the third time in four months, below 50; plummeted from 50 in September to 45 in October. Going the wrong direction. Wow, Warren's state almost in as bad a shape as Arkansas.

Arkansas: plummeted from 50 to 42.

Simply foreshadowing the Great Recession of 2013.