Austin tops big-city U.S. economic growth since recession

    texas flagAustin has come out on top in a study of large U.S. cities with the fastest-growing economies, according to a comprehensive study by WalletHub.

    WalletHub, a personal finance company, compared the socioeconomic strengths of more than 500 U.S. communities to put together its study. The result: a look at how U.S. cities have performed since the Great Recession that began in 2008. The WalletHub rankings are based on key metrics from 2008-2014, including population growth and the rate of decrease in unemployment, among other factors.

    Austin topped all large cities with a cumulative score of 67.91. Two other Texas cities — Fort Worth and Corpus Christi — are in the top five on the large-city rankings — at No. 3 and No. 5, respectively. Also in the top five are Miami, Florida, at No. 2, and Denver, Colorado, at No. 4.

    When the study compiles the rankings with cities of all sizes, Austin still cracks the top 10 at No. 9 and Round Rock came in at No. 10. In that ranking, nine of the top 10 cities are in Texas, led by Odessa at No. 1. See the full WalletHub report here.

    Here are the 20 cities — of any size — with the fastest-growing economies, according to WalletHub:

    1. Odessa, Texas

    2. Frisco, Texas

    3. Midland, Texas

    4. Mission, Texas

    5. College Station, Texas

    6. Killeen, Texas

    7. Kent, Washington

    8. Bryan, Texas

    9. Austin, Texas

    10. Round Rock, Texas

    11. McKinney, Texas

    12. Edinburg, Texas

    13. San Marcos, California

    14. Pharr, Texas

    15. Allen, Texas

    16. Concord, North Carolina

    17. Miami

    18. Fort Worth, Texas

    19. Denver

    20. Asheville, North Carolina

    Info courtesy of:  Austin Business Journal

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