Monday, April 13, 2009

Forbes ranks Austin No. 8 on best places for biz list

From Austin Business Journal, March 27, 2009...

Forbes.com ranks Austin the 8th best place for business and careers in its latest list.

Texas' Capital City rose significantly from 47th on last year's list. Austin was behind cities such as No. 1 Raleigh, N.C. and No. 4 Fayetteville, Ark. The list was ranked according to factors such as cost of doing business and projected employment growth.

Forbes.com cited Austin's projected annual job growth rate of 2.3 percent--the fifth fastest in the country, and its relatively low subprime mortgage exposure.

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