Austin Ranks #8 in Forbes.com List

Posted on Monday, March 30th, 2009 at 5:41pm.

Forbes.com recently ranked Austin #8 in it’s list of “The Best Places for Business and Careers.” Why did Austin fare so well? Here’s a bit of the story direct from Forbes: “In a nod to the current economic climate, we added two new categories this year: projected job growth and subprime mortgages as a percentage of total originations over a three-year period. This change helped boost several metros in the rankings, most notably Austin, Texas, which ranked eighth this year, up from 47th last year. Austin’s projected annual job growth rate of 2.3% is fifth fastest in the country, and its subprime mortgage exposure clocked in at 13th.” That’s the kind of news we like to hear!

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