Austin Chamber of Commerce

Austin in the News (2023)

Read what the national and global media have to say about our vibrant business climate and quality of life in our "Austin in the News" compilation.

Austin continues to increase its share of the national tech industry: according to analysis of the 100 largest U.S. metros, Austin saw the greatest increase in its share of national digital services jobs between 2020 and 2022 (from 1.7% to 2.1%).
(Brookings Institution, 12/12/2023) - Share
Austin has become a hub for headquarters relocations with 66 new HQs in the past 5 years, more than any other metro, according to review of nearly 500 publicly announced HQ relocations between 2018 to 2023.
(CBRE, 12/11/2023) - Share
Travis County and Williamson County rank 3rd and 6th respectively on annual Talent Attraction Scorecard ranking of 616 counties with 100,000+ population across indicators of regional success in creating a stable and attractive environment for talent.
(Lightcast, 12/04/2023) - Share
Austin is the Best College Town in America according to comparison of 400 cities on key indicators of academic, social and economic opportunities for students.
(WalletHub, 11/28/2023) - Share
Austin is one of the Top 10 Cities Where Millennials are Moving to Most. Millennials newly transplanted to Austin totaled 103,461 in 2022 and make up 10.7% of the city’s population.
(SmartAsset, 11/16/2023) - Share
The FT-Nikkei Investing in America ranking of the top U.S. cities for international business places Austin at No. 7.
(Financial Times, 11/06/2023) - Share
Texas tops annual Top State Business Climate Rankings based several criteria including a survey of corporate site selectors, qualified economic development projects, and independent measures of states’ attractiveness to capital investors.
(Site Selection, 11/01/2023) - Share
Austin is the No. 4 U.S. market for overall real estate prospects due above-average levels of economic diversity, white-collar employment, and growth prospects, leading to strong investor appeal. Austin also ranks No. 1 for homebuilding prospects.
(Urban Land Institute, 10/31/2023) - Share
Austin is No. 3 on Best Warm Destination for Winter Travel ranking focused on cost and convenience, as well as activities and attractions.
(WalletHub, 10/31/2023) - Share
Austin stands out in ranking of U.S. Cities on the Tech Frontier. The combination of Austin’s current concentration leading-edge skills (ranks 5th) and its momentum (ranks 4th) represents a powerful assessment of the competitiveness of its tech workforce.
(The Burning Glass Institute, 10/21/2023) - Share
New global ranking from Pitchbook places Austin 14th globally and 7th in the U.S. based on overall development (size and maturity) of its venture capital ecosystem.
(Pitchbook, 10/10/2023) - Share
Austin is No. 5 on ranking of America’s Most Future-Ready Urban Hubs across key metrics representing urban innovation. Austin scored highest in the “business and technology” category covering indicators like STEM/tech jobs, startup, R&D, and patents.
(Point2, 10/10/2023) - Share
Austin is the No. 2 Hotspot for Entrepreneurs based on the rate of new company formation.
(Linkedin, 09/13/2023) - Share
Austin is No.1 metro where new hires from all generations are welcomed at high rates. Each metro’s hires by generation was divided by its respective population by generation. Metros were ranked based on their local population share of generation hires.
(Linkedin, 08/30/2023) - Share
Austin is the No. 5 Best City for Renters in evaluation of the 96 largest cities across 23 metrics representing rental market conditions and quality of life.
(Forbes Advisor, 08/24/2023) - Share
Austin is No. 2 on annual Best Business Climate metro ranking. Other top standings in Business Facilities metro rankings report include Life Sciences Growth (No. 1), Tech Talent (No. 1), Millennial Magnets (No. 1), and Smart Cities (No. 5).
(Business Facilities, 08/09/2023) - Share
Texas ranks as the Best Business Climate. Low taxes, robust incentives, world-class higher education institutions, and steady population growth combine to offer an environment where businesses across varied industries have the opportunity to thrive.
(Business Facilities, 08/08/2023) - Share
Austin is one of the Top 10 Startup Ecosystems in the U.S.
(Startup Genome, 07/19/2023) - Share
Austin is No. 6 on CBRE’s annual Tech Talent Scorecard Ranking based on metrics that represent each market’s depth, vitality and attractiveness to companies seeking tech talent and to tech workers seeking employment.
(CBRE, 07/17/2023) - Share
Austin is the 7th Best Cities for Music Lovers ranking based on music scene reputation, plus numbers of music venues, music festivals and concerts, vinyl record and musical instrument shops, as well as how many artists and bands call the city their home.
(SeatPick, 07/06/2023) - Share
Austin has the No. 2 Best Business Climate in annual ranking of large metro areas based on factors valued by corporate site selectors and site selection consultants.
(Business Facilities, 06/28/2023) - Share
Texas is the No. 1 State for the Semiconductor Industry in annual look at existing investment and ecosystems, plus planned development and investment, in high growth industries across the country.
(Business Facilities, 06/27/2023) - Share
The 9th largest economy in the world, Texas, is recognized as the state with the Best Business Climate in annual ranking focused on 60+ factors pertinent to site selection teams during corporate relocation or expansion projects.
(Business Facilities, 06/26/2023) - Share
Austin is No. 1 on Best Cities to Launch a Career list based on affordability, employment outlook, and quality of life in the top 50 U.S. metro areas.
(Bankrate, 06/26/2023) - Share
Austin saw the largest net positive migration of remote workers during the pandemic among major metros with the most remote worker migration according to analysis of Census Bureau migration data.
(New York Times, 06/17/2023) - Share
Austin is No. 10 in the U.S. and No. 25 globally in annual Global Startup Ecosystem Ranking. This year’s report also ranks Austin No. 3 in North America for VC funding per capita (behind Silicon Valley and Boston).
(Startup Genome, 06/15/2023) - Share
Austin is one of the Top 10 Meeting Destinations in North America.
(Cvent, 05/23/2023) - Share
Three Austin area cities are among the Top 5 Fastest Growing Cities in 2022—Georgetown (14.40%) and Leander (10.85%) in Williamson County rank 1st and 4th respectively, and Kyle (10.86%) in Hays County ranks 3rd among cities with 50,000 or more residents.
(U.S. Census Bureau, 05/18/2023) - Share
Austin is the No. 2 Best-Performing City in annual assessment of economic growth and access to opportunities in U.S. metropolitan areas. Austin’s success is due to the strength of its high-tech sector driving rapid job and wage growth.
(Milken Institute, 05/16/2023) - Share
Austin is one of the Top 10 Best U.S. Cities to Start a Career based on 26 metrics representing professional opportunities and quality of life.
(WalletHub, 05/15/2023) - Share
Austin is No. 6 in Top Large Cities for Starting a Career after College ranking based on cities’ strengths and attractions for young professionals.
(Coworking Cafe, 05/02/2023) - Share
The 2023 Mac Conway Awards recognized the Opportunity Austin as one of the top 20 economic development organizations in the U.S. based on measures of corporate facility investment.
(Site Selection, 05/01/2023) - Share
The University of Texas ranks 3rd in the U.S. for the number of U.S. patents granted in 2022.
(National Academy of Inventors, 04/26/2023) - Share
For the 19th year in a row, Texas was named the Best State for Business in annual survey of U.S. CEOs.
(Chief Executive, 04/25/2023) - Share
Austin is one of the Top 10 Best Large Cities to Start a Business based on measures representing business environment, access to resources, and business costs.
(WalletHub, 04/24/2023) - Share
Austin is one of the Top 10 Best Cities for Food in the U.S.
(Food & Wine, 04/19/2023) - Share
Austin has one of the 10 Best U.S. Airports for Food.
(Food & Wine, 04/17/2023) - Share
Austin continues to attract the most workers—for every 10,000 LinkedIn members in Austin, 98 arrived in the last 12 months.
(Linkedin, 04/06/2023) - Share
Austin rankes as one of the Top 5 Startup Hubs in the U.S. according to payment processor Stripe’s analysis of its data on ‘breakout startups’ (i.e., new companies with unusually rapid revenue ramps).
(Stripe, 04/05/2023) - Share
Austin is the 2nd Hottest Job Market in annual WSJ ranking of U.S. metros with more than 1,000,000 population based on unemployment, labor force participation, and growth in employment, labor force and wages.
(Wall Street Journal, 04/01/2023) - Share
Austin is No. 7 on Most Climate-Resilient Cities ranking of the top 50 U.S. cities based on measures of geography, risk, infrastructure and preparation.
(Architectural Digest, 03/30/2023) - Share
Texas became the leading state in the country for adding tech workers last year, with net tech employment growing by 5.5% and 45K new workers joining the industry.
(CompTIA, 03/29/2023) - Share
Austin ranked No. 5 among top metros for net tech employment job gains, and the metro ranked No. 4 among the top cities for tech economic impact as a percent of the local economy with 24%.
(CompTIA, 03/29/2023) - Share
Austin’s business-friendly and forward-thinking environment make the fast-growing metro highly desirable to innovative firms and place it No. 4 in annual Most Dynamic Metros ranking of all U.S. metros.
(Heartland Forward, 03/28/2023) - Share
Austin is the Best Housing Market for Growth and Stability according to study of the long term (1998-2023) performance of 400 U.S. metros.
(SmartAsset, 03/27/2023) - Share
Austin is the most pet-friendly city for renters looking to move, with more than 4 out of 5 rental listings allowing pets.
(Zillow, 03/06/2023) - Share
Austin is the No. 1 large metro for new corporate facility investment projects in 2022 on a per capita basis and the No. 7 metro for the total number of projects.
(Site Selection, 03/01/2023) - Share
For the 11th year in a row, Texas claims the Governor’s Cup for total qualified projects in 2022. On a projects per capita basis, Texas ranks 7th.
(Site Selection, 03/01/2023) - Share
Austin ranks 1st for growth, 4th for prosperity, and 9th for overall inclusion in Brookings’ Metro Monitor 2023 examination of economic performance over 2011 to 2021.
(Brookings Institution, 02/28/2023) - Share
Austin is the No. 2 Most-Preferred Market for Real Estate Investors in 2023. Austin also ties as the No. 5 most preferred market for lenders.
(CBRE, 02/23/2023) - Share
Austin is one of the Top 10 Hardest Working Cities in the U.S. based on 11 key metrics ranging from the employment rate to average weekly work hours to the share of workers with multiple jobs across 116 cities.
(WalletHub, 02/20/2023) - Share
Among the 56 metropolitan areas with over 1 million population, Austin ranks third for the percentage (50.3%) high-digitalization-level jobs.
(Brookings Institution, 02/07/2023) - Share
Austin’s “Central Texas State Highway 130 Corridor” is the least expensive among 30 top high-tech corridors in the U.S. for annual operating costs for companies in high-growth advanced manufacturing sectors according to new report from The Boyd Company.
(Business Facilities, 01/26/2023) - Share
Round Rock, TX is America’s Best Place to Live in 2023 based on data indicating where your money will stretch furthest and your lifestyle will be the most enjoyable.
(Bankrate.com, 01/24/2023) - Share
Austin is one of the Top 10 U.S. Metros for Logistics Facility Investment based on projects won over the last 3 years.
(Site Selection, 01/23/2023) - Share
Austin is the No. 2 Best Metro Area for STEM Professionals in ranking of the top 100 metros across 21 measures of professional opportunities, STEM-friendliness, and quality of life.
(WalletHub, 01/18/2023) - Share
Austin, with “spectacular entertainment districts, ubiquitous culture, top-notch restaurants, more than 250 music venues,” is among the Top 25 Most Popular U.S. Destinations in TripAdvisor’s annual Travelers' Choice Best of the Best Destination Awards.
(TripAdvisor, 01/18/2023) - Share
Austin, with 416 deals garnering $4.9 billion in 2022, is one of the top 10 U.S. metros for VC investment.
(Pitchbook, 01/11/2023) - Share
Austin ranks as the No. 2 most preferred market for real estate investment according to annual U.S. Investor Intentions Survey.
(CBRE, 01/09/2023) - Share
Texas is No. 1 for Aerospace Manufacturing Attractiveness.
(PwC, 01/09/2023) - Share
Austin is ranked No. 4 on the Financial Health Index rating of metros with population over 1 million based on measures of business, household, and municipal/state financial health.
(TheCreditReview, 01/03/2023) - Share