austin information

Greater Austin Chamber of Commerce

PREPARED ESPECIALLY FOR

KELLER WILLIAMS

-County Region

The Austin MSA at a GlancePopulation: 1.7 millionLabor force: 885,803 Highest per capita income among Texas metrosYounger than the national average70% of the population is under 45 (vs. 62% nationally)Median age is 32.2 (vs. 36.7 nationally)

More educated than the national average8 colleges/universities: 122,600 students38.4% of the population over 25 has a

Population & Economic Growth

Between 1980 and 2009, the Austin MSA resident population has grown from 585,000 to 1,705,075The number of non-farm jobs grew from 243,800 to 758,200 during this periodThe Austin MSA is projected to grow to 2,292,737 by 2020The Austin MSA is projected to add nearly 112,000 jobs in the next 5 years

Economic Growth Projections

Austin MSACompound Annual Growth Rate

2009 2014 Austin Texas U.S.

Real Gross Product(2000 Dollars)

$77.49billion

$98.50billion

4.92% 4.71% 3.37%

Population 1,680,000 1,930,000 2.72 1.75 0.93

Employment 818,490 922,260 2.42 2.18 1.39

Real Personal Income (2000 Dollars)

$51.14billion

$65.62billion

5.11 5.09 3.54

Retail Sales(Current Dollars)

$40.00billion

$60.85billion

8.75 8.82 NA

Source: The Perryman Group, January 2010.

Note: Perryman predicts a return to positive employment growth for Austin in 2010. While employment increased 3% in 2008, it dropped by 1% in 2009;; an increase of 2% (20,900) is expected for 2010.

Economic Growth ProjectionsAustin MSA

2009 2010 2011

Population increase44,4002.6%

51,8003.0%

58,6003.3%

Job creation-2,600-0.3%

9,2001.2%

17,1002.2%

Retail sales -8.5% 2.4% 4.6%

Source: Angelou Economics, January 2010.

Best Performing Economies50 Largest MSAs Ranked by Projected 2010 Real Gross Metro Product Ch.

GMP 2009 (billions)

Real GMP Growth Rates EmploymentAvgannual, 2006-2008

2009 2010Pre-

Recession Peak

Job Losses Return to Peak

Austin $81.6 4.8% 0.5% 4.1% 2008Q4 -0.8% 2010Q2

San Antonio 82.3 2.8 0.3 3.7 2008Q3 -1.2 2010Q3

Dallas-Fort Worth 384.8 2.7 -0.1 3.7 2008Q2 -2.7 2011Q2

Raleigh 53.8 3.2 -0.5 3.6 2008Q1 -4.0 2011Q3

San Jose 142.6 5.2 -3.7 3.4 2008Q1 -5.9 2012Q3

Washington 396.2 2.3 -1.0 3.4 2008Q3 -1.2 2010Q4

Los Angeles 708.9 0.6 -2.2 3.2 2007Q3 -6.4 2013Q4

San Francisco 306.1 1.2 -2.5 3.1 2007Q4 -6.4 2012Q4

San Diego 168.7 2.1 -1.3 3.1 2007Q3 -5.9 2012Q4

Houston 407.8 2.8 -0.2 3.1 2008Q3 -3.5 2011Q3

Source: U.S. Conference of Mayors/Global Insight, January 2010.

POPULATION

PopulationAustin MSA

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

1,800,000

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Sources: U.S. Bureau of the Census.

Population Growth1999-2009

41.4%

20.5%

10.0%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

Austin MSA Texas United States

Source: U.S. Bureau of the Census.

Population & Population Growth by County, Austin MSA

- 200,000 400,000 600,000 800,000 1,000,000 1,200,000

Bastrop34.5%

Caldwell20.1%

Hays66.1%

Travis30.1%

Williamson73.6%

2009 1999


Fastest Growing AmongTop 50 Metro Areas

Population2009

Growth 2000-2009Rank

Difference % Ch.

Las Vegas MSA 1,902,834 527,069 38.3% 1

Austin MSA 1,705,075 455,312 36.4 2

Phoenix MSA 4,364,094 1,112,218 34.2 3

Charlotte MSA 1,745,524 415,076 31.2 4

Atlanta MSA 5,475,213 1,227,232 28.9 5

Riverside MSA 4,143,113 888,292 27.3 6

Orlando MSA 2,082,421 437,860 26.6 7

Dallas MDiv 4,326,384 875,158 25.4 8

Houston MSA 5,867,489 1,152,082 24.4 9

Fort Worth MDiv 2,121,231 410,913 24.0 10


*Austin is the 43rd largest metro based on total population. (Ranking treating metropolitan divisions as metros.)

Total Net Migration2000-2008

3rd based on net migration as a % of total population (18%)*9th based on total net migration (302,560)3rd based on the rate population growth (36%)*35th based on 2009 population (1,705,075)

*The top metros in these two rankings are Raleigh and Las Vegas.

estimates for 2000 to 2009 show that Austin continues to be one of the top destinations for migrating talent. Among the top 50 metros, Austin ranks


EMPLOYERS

Largest Private SectorEmployers

Dell 16,000 Wells Fargo 1,455 Seton Healthcare Network 9,793 JP Morgan Chase 1,400 IBM Corp. 6,200 Austin Regional Clinic 1,320 St. David's Healthcare 6,043 Hospira 1,320 Freescale Semiconductor 5,000 State Farm Insurance 1,250 AT&T 3,450 Blizzard Entertainment 1,200 Apple 3,000 Hart Hanks 1,100 National Instruments 2,327 PPD Development 1,100 Advanced Micro Devices 2,200 Samsung 1,100 Girling Health Care 1,952 Farmers Insurance 1,030 Flextronics 1,875 3M 1,000 Time Warner Cable 1,765 Progressive Insurance 1,000 Whole Foods Market 1,685 Trisun Healthcare 1,000 Applied Materials 1,600 Spansion 1,000 Sears Teleserve 1,460

Headquartered in AustinActive PowerAmerican AchievementAmerican Campus CommunitiesArthroCareCFANCirrus LogicCitizensClearCube TechnologyClinical Pathology LabsCompassLearningConvioCrossroads SystemsDellDimensional Fund AdvisorsDMX

EZCorpFreescaleGirling Health CareGolfsmith InternationalGreen Mountain Energy GSD&M Idea CityHanger Orthopedic GroupHealthTronicsHeliovoltHomeAwayHoover'sKeller Williams RealtyLuminex Corp.McCoy's Building Supply CentersMichael Angelo's Gourmet Foods

Motion ComputingMotiveMultimedia GamesNational InstrumentsNetspendPervasive SoftwareRules-Based MedicineSchlotzsky'sSEMATECHSheshunoff Information ServicesSilicon LaboratoriesTECO-WestinghouseTemple-InlandViaGenWhole Foods Market

Other Significant Operations of Major U.S. & Foreign Firms3M Co.Affiliated Computer ServicesAdvanced Micro DevicesAppleApplied MaterialsAT&TBAE SystemsBlizzard EntertainmentBMC SoftwareCharles SchwabCisco SystemsConvergysCountrywide FinancialComputer Sciences Corp.Dresser

Emerson Process ManagementFarmers InsuranceFlextronicsHarte-HanksHewlett-PackardHome DepotHospiraHoughton Mifflin HarcourtIBM Corp.Intel Corp.Level 3 CommunicationsMotorolaNCsoftOneWest BankOracle

PayPalProgressive InsuranceQualcommSamsungSears TeleserveSiemensSpansionState Farm Insurance St. Jude MedicalSun MicrosystemsSYSCOTime WarnerTokyo ElectronUnisys Corp.URS Corp.

Recent New & Expanded OperationsAirbornAppleBAE SystemsBancVueBazaarvoiceBlizzard EntertainmentBorland SoftwareC-FANCompass LearningCoreLogicDemand MediaDimensional Fund AdvisorsDMXEnfaticoFacebook

Farmers InsuranceFreescaleGrifolsHanger Ortho. GroupHelioVoltHewlett-PackardHomeAwayHosteGaterIBMiEnergizerImage MicrosystemsIntelKoMiCoLegalZoomMotorolaNational InstrumentsNational Scooter

OneWest Bank GroupOraclePayPalPIE ScreeningSamsungSmartSpark Energy SystemsSt. Jude MedicalTeleNetworkTECO-Westinghouse Motor Co.Touch InternationalUS Food ServiceU.S. IRSVigil Games (THQ)VMWare

Recent New & Expanded Operations

2010 Announcements Jobs Vigil Games (THQ) 135

CoreLogic Flood Services 100 VMware 100

e-MDs 85 2008 Announcements Jobs

Facebook 200 Apple 174

Hanger Orthopedic Group 250 BAE Systems 100

HostGator 300 Demand Media 100

LegalZoom 600 Enfatico 200

National Scooter Co. 140 Field Asset Services 361

Samsung Austin Semiconductor 500 H-E-B Distribution Center 320

2009 Announcements Jobs iEnergizer 350

BancVue 100 Image Microsystems 400

Bazaarvoice 120 Oracle 200

Grifols 190 Support.com 100

National Instruments 100 TeleNetwork 200

OneWest 650 US Food Service 160

Touch International 100 U.S. Internal Revenue Service 350

Jan 2010

Leading U.S. provider of orthotic and prostheticsCorporate headquarters from Bethesda, MD130 jobs increasing to 236 jobs

Feb 2010LegalZoom Selects Austin for Regional Leading online provider of legal servicesRegional headquarters expansion from Los Angeles, CA600 jobs

Mar 2010 Facebook Chooses Austin for 1st U.S. Expansion

Largest and most well known internet company in the world (400M users)First office expansion in the U.S. outside of CA (sales and operations)200 jobs

May 2010HostGator Chooses Austin for an Expansion

World leading and industry recognized hosting provider100,000 SF200 jobs increasing to 300 jobs within 36 months

Samsung Includes New R&D Operation & New Chip

Phase 2 of the company's 2.3M SF semiconductor complex$3.6 billion investment, bringing the total Samsung investment in Austin to more than $9 billion500 new jobs, bringing total employment to 1,500 by next year

June 2010

Move consolidates operations from Seattle, WA and Nacogdoches, TXManufacturing previously sourced to China will be brought to Pflugerville

Selected Major Technology Sector Employers

Dell 16,000 Clinical Pathology Labs 800

IBM Corp. 6,200 Cisco Systems 800

Freescale Semiconductor 5,000 BAE Systems 600

Apple 3,000 CSC Financial Services 588

National Instruments 2,327 Emerson Process Mgt 570

Advanced Micro Devices 2,200 Hewlett-Packard 550

Flextronics 1,875 Oracle 515

Applied Materials 1,500 Home Depot Tech Center 500

Hospira 1,365 Image Microsystems 500

Samsung 1,100 Dresser Wayne 500

PPD Development 1,100 Silicon Laboratories 487

3M Co. 1,000 CFAN 460

Spansion 940 Overwatch Textron Systems 408

URS Corp. 900 Sun Microsystems 400

Intel Corp. 889 Trilogy Enterprises 400

WORKFORCE

Unemployment Rates

2%

3%

4%

5%

6%

7%

8%

9%

10%

11%

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 YTD

Austin MSA

Texas

United States

*Average, January-September.Source: U.S. Bureau of Labor Statistics, LAUS.

Lowest Unemployment RatesTop 50 Metro Areas

Unemployment RateDifference Rank

Washington MDiv 5.6% 6.0% 0.4 1

Minneapolis MSA 7.9 6.4 -1.5 2

Nassau MDiv 6.7 6.6 -0.1 3

Austin MSA 6.6 6.9 0.3 4

San Antonio MSA 6.3 7.1 0.8 5

Virginia Beach MSA 6.7 7.3 0.6 6

Baltimore MSA 7.3 7.4 0.1 7

Richmond MSA 7.6 7.6 0.1 8

Denver MSA 8.2 7.7 -0.5 9

Seattle MDiv 7.6 7.9 0.2 10

Source: U.S. Bureau of Labor Statistics, LAUS.

Austin is the 39th largest metro based on total civilian labor force in May.

Best Performing AmongTop 50 Metro Areas

Non-farm payroll jobs

-Rank

Difference % Ch.

Austin MSA 767,700 4,000 0.5% 1

Washington MDiv 2,412,700 10,800 0.4 2

Dallas MDiv 2,024,700 5,600 0.3 3

Nassau MDiv 1,241,800 2,700 0.2 4

Boston MDiv 1,664,700 -700 -0.0 5

Louisville MSA 599,600 -300 -0.1 6

Baltimore MSA 1,282,300 -900 -0.1 7

Fort Worth MDiv 853,300 -2,200 -0.3 8

New York MDiv 5,116,800 -14,300 -0.3 9

Pittsburgh MSA 1,128,100 -4,300 -0.4 10

Source: U.S. Bureau of Labor Statistics, CES.

Austin is the 42nd largest metro based on total non-farm payroll jobs in May.

Employment by IndustryAustin MSA, May 2010

38,800

46,700

36,900

81,300

12,600

18,900

44,500

105,300

86,100

91,600

34,000

171,000

Construction

Manufacturing

Wholesale trade

Retail trade

Transp, wrhsing, & util

Information

Financial activities

Prof & business services

Ed & hlth services

Leisure & hospitality

Other services

Government

Source: Texas Workforce Commission, CES.

Employment by IndustryAustin MSA

40,800

48,300

38,000

82,000

12,800

19,800

43,700

106,500

83,300

83,300

33,200

166,400

- 40,000 80,000 120,000 160,000 200,000

Construction & nat'l res

Manufacturing

Wholesale trade

Retail trade

Transp, warehousing, & utilties

Information

Financial activities

Prof. & business services

Education & health services

Leisure & hospitality

Other services

Government

2009

1999

Sources: Texas Workforce Commission, CES.

EDUCATION

Austin Metro Colleges & UniversitiesFall 2008 Enrollments

Four-Year InstitutionsThe University of Texas, Austin 49,984Texas State University, San Marcos 29,105

5,348Southwestern University, Georgetown 1,270Concordia University, Austin 2,260Huston-Tillotson College, Austin 785University of Phoenix 464DeVry University 254Community CollegesAustin Community College, Austin 35,798Temple College-Tayor Center, Taylor 671GRAND TOTAL* 129,634

TOTAL ENROLLMENTS WITHIN 100 MILES 367,800*Metro total includes enrollments for some 2-year proprietary schools not listed separately.

Source: U.S. National Center for Education Statistics.

Austin Research CentersUniversity of Texas

Annual research expenditures at UT Austin exceed $527 millionThe university supports more than 90 organized research unitsUT is the 4th most patent-earning university in the countryUT is the national leader in the number of

annually

Additional Major Universities within 200 Miles of Austin

School Location Enrollment Fall

Texas A & M University College Station 48,039

University of Houston Houstion 56,045

University of North Texas Denton 34,830

University of Texas at San Antonio San Antonio 28,413

University of Texas at Arlington Arlington 25,084

Sam Houston State University Huntsville 16,662

University of Texas at Dallas Richardson 14,913

Baylor University Waco 14,541

Texas Woman's University Denton 12,465

Stephen F. Austin State University Nacogdoches 12,000

Southern Methodist University Dallas 10,965

Tarleton State University Stephenville 9,633

Texas Southern University Houston 9,102

Texas A & M University-Corpus Christi Corpus Christi 9,007

Texas Christian University Fort Worth 8,696

Prairie View A & M University Prairie View 8,203

OFFICE & INDUSTRIALREAL ESTATE

Real EstateOccupancy RatesAustin MSA

75%

80%

85%

90%

95%

100%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Q1

Office Industrial

Source: Oxford Commercial.

HOUSING MARKET

Housing Units Authorized by Building Permits

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

2005 Jan

2005 Mar

2005 May

2005 Jul

2005 Sep

2005 Nov

2006 Jan

2006 Mar

2006 May

2006 Jul

2006 Sep

2006 Nov

2007 Jan

2007 Mar

2007 May

2007 Jul

2007 Sep

2007 Nov

2008 Jan

2008 Mar

2008 May

2008 Jul

2008 Sep

2008 Nov

2009 Jan

2009 Mar

2009 May

2009 Jul

2009 Sep

2009 Nov

2010 Jan

2010 Mar

2010 May

Housing Units

Multifamily

Single Family


Growth Rates: Housing Units Authorized by Building Permits

-25.7%

-4.0%

28.5%

-19.2%

-35.6%

16.5%

3.0%

-9.4%

-40%

-30%

-20%

-10%

0%

10%

20%

30%

2008-2009 YTD 2009-2010 - -

Austin MSA

United States


$0

$50

$100

$150

$200

$250

$300

$350

$400

$450

$500

$550

2004 Jan

2004 Jul

2005 Jan

2005 Jul

2006 Jan

2006 Jul

2007 Jan

2007 Jul

2008 Jan

2008 Jul

2009 Jan

2009 Jul

2010 Jan

Millions

Valuation of New Housing UnitsAuthorized by Building PermitsAustin MSA


Monthly average: 2005 $234M2006 $262M 2007 $237M 2008 $154M2009 $104M2010 YTD $118M

Growth Rates:Valuation of Housing Units Authorized by Building Permits

-32.1%

19.3%

61.3%

-6.8%

-32.6%

25.2%

10.1%

-7.3%

-40%

-20%

0%

20%

40%

60%

80%

2008-2009 YTD 2009-2010 - -

Austin MSA United States


Home SalesAustin MSA & U.S.

0

1

2

3

4

5

6

7

8

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

1997 1998 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

United States (Millions)

Austin MSA


Source: Real Estate Center at Texas A+M University & National Association of Realtors.

Home SalesAustin MSA

0

500

1,000

1,500

2,000

2,500

3,000

3,500

2007-2008: Austin down 20% & national down 13%2008-2009: Austin down 7% & national down 5%

-

Source: Real Estate Center at Texas A&M University.

-40%

-20%

0%

20%

40%

60%


Source: Real Estate Center at Texas A&M University & National Association of Realtors.

Year-Over-Year % Ch. in Home Sales

0123456789101112



Months Inventory of Homes on the Market

Median Home PricesExisting Homes

$189,300

$179,600

$160,000

$165,000

$170,000

$175,000

$180,000

$185,000

$190,000

$195,000

$200,000



Growth Rates:Median Home Price

-1.2%-2.1%

2.3%

-12.9%

2.7%4.2%

-14%

-12%

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

6%

2008-2009 - -



2009 Median Home Prices:Austin MSA $186,000United States $172,500

Home Sales & PricesAustin MSA

$0

$50,000

$100,000

$150,000

$200,000

$250,000

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Price

Sales

Home Sales Average Price Median Price

Source: Real Estate Center at Texas A+M University.

Home Sales & PricesAustin MSA

$0

$50,000

$100,000

$150,000

$200,000

$250,000

0

4,000

8,000

12,000

16,000

20,000

24,000

28,000

32,000

Price

Sales

Home Sales Average Price Median Price

Source: Real Estate Center at Texas A+M University.

Median Home PricesNew & Existing Homes

$90,000

$110,000

$130,000

$150,000

$170,000

$190,000

$210,000

$230,000

$250,000

Austin MSA

United States

Source: National Association of Home Builders.

Average Home Prices 2009

$0 $250,000 $500,000 $750,000 $1,000,000 $1,250,000

Atlanta

Austin

Chicago*

Denver*

Los Angeles*

New York*

San Francisco*

United States

Source: Coldwell Banker. *Unweighted average of multiple reported submarkets.

The subject home is a single-family dwelling, 2,200 sq. ft., 4 bedrooms, 2 1/2 baths, family room, & 2-car garage in neighborhoods within a market that is typical for corporate middle-management transferees.

Average Apartment Rents2010 Q1

1 bedroom 2 bedrooms 3 bedrooms

Austin MSA $688 $886 $1,169

Travis County 696 911 1,233

Downtown 1,445 2,320 3,929

Central Austin 920 1,262 1,944

North 553 688 878

Northwest Hills 708 953 1,326

Far Northwest 693 904 1,213

Northeast 618 780 1,023

Far Northeast 668 876 1,095

South 683 854 1,055

Southeast 579 740 1,036

Southwest 787 1,028 1,262

Cedar Park/Leander (Williamson County) 670 843 1,078

Round Rock (Williamson County) 650 826 1,036

Northwest (Williamson & Travis Cos.) 655 851 1,081

Balance of Williamson County 672 828 1,048

Bastrop County 639 714 977

San Marcos (Hays County) 675 777 1,047

Source: Austin Investor Interests.

Average Apartment Rents2-bedroom Units, 2010 Q1

$886 $911

$2,320 $1,262

$688 $953 $904

$780 $876 $854

$740 $1,028

$843 $826 $851 $828

$714 $777

$- $500 $1,000 $1,500 $2,000 $2,500

Austin MSATravis County

Central Business DistrictCentral Austin

NorthNorthwest HillsFar Northwest

NortheastFar Northeast

SouthSoutheastSouthwest

Cedar Park/LeanderRound RockNorthwest

Balance of Williamson CountyBastrop CountySan Marcos

Source: Austin Investor Interests.

Downtown CondominiumsActive listings Sales Average

sales priceMedian sales price

Sales price per SF

Sold to list price

Jan.-Apr. 2009 188 20 $351,670 $281,850 $296 92%

Jan.-Apr. 2010 175 47 $361,106 $290,000 $299 94%

Note: The Downtown submarket is MLK Blvd. to I-35 to the Colorado River to Lamar Blvd. to MLK Blvd. This residential submarket is almost exclusively condo. Market-wide the average price of a condo is $172,585 and the median price is $152,650.

Source: Austin Board of Realtors.

COST OF LIVING

Cost of Living Index 20090 25 50 75 100 125 150 175 200 225

Atlanta MSA

Austin MSA

Chicago MDiv

Denver MSA

Los Angeles MDiv

NY (Manhattan)

San Francisco MDiv

United States

Source: Council for Community & Economic Research.

RETAIL SALES

2010 May % Ch from last yr 2010 YTD % Ch from last yr

Austin 13,610,355 12.2% 58,652,568 5.6%El Paso 6,593,737 9.8 29,267,088 4.7Mesquite 3,621,338 11.0 14,688,088 4.4Round Rock 5,610,817 9.0 26,020,736 4.1Frisco 4,017,244 16.6 16,850,224 4.1Arlington 8,566,495 11.5 34,775,228 3.7Plano 6,170,554 12.3 25,337,490 2.8McAllen 5,256,876 7.9 24,789,569 1.0San Antonio 21,004,722 6.3 87,625,660 -0.1Lubbock 5,078,118 6.6 21,184,555 -0.4Grand Prairie 3,571,180 -0.3 14,797,957 -2.2Amarillo 5,777,874 7.7 23,966,017 -2.3Fort Worth 9,951,915 0.2 41,638,585 -2.7Dallas 21,053,620 4.2 87,218,074 -4.8Irving 4,868,669 4.7 18,877,341 -5.4Sugar Land 3,510,812 -6.2 16,353,779 -5.9Tyler 3,223,569 -2.2 14,491,859 -6.0Corpus Christi 5,390,957 1.1 23,725,667 -8.6Houston 47,419,146 3.8 200,202,049 -9.3Midland 3,423,685 7.2 14,452,141 -10.1All Texas Cities 4.6 -4.4

Source: Texas Comptroller.

Sales & Use Tax Comparison: 20 Largest Cities

Sales Tax Allocationsons

$0

$50

$100

$150

$200

$250

$300

$350

$400

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Millions

City of San MarcosCity of Round RockAustin MTACity of Austin


Sales Tax AllocationsCity of Austin

$0

$25

$50

$75

$100

$125

$150

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Millions


RATINGS & RANKINGS

Austin in the News Business RankingsAustin in Top 10 of ForbesCareers. (Forbes, 4/14/10)Texas No. 1 among States that are Very Friendly to Small Businesses. (Open Forum, 4/6/10)Austin metro rated Best Place for Creation & Development of Small Businesses. (Portfolio.com, 1/18/10)Austin is home to the No. 3 Cleantech University. (The CleantechGroup, 1/4/10)Austin No. 2 Strongest Metro Economy. (Business Week, 10/26/09)Austin named one of 79 metros Where the Recession has Ended.(Moody's Economy.com & msnbc.com., 10/15/09)Austin a Top 10 Start-Up City. (Entrepreneur, 8/09)Austin is the 3rd Strongest Metro Economy in the Country.(Brookings Institution, 6/16/09)Texas Ranked No. 1 For Business.(Directorship, 6/1/09)Austin in the Top 20 High Tech Metropolitan Areas. (Milken Institute, 6/2/09)Austin is a City of the Future. (fDi MagazineTexas voted Best for Business. (Chief Executive, 3/25/09)

Austin in the News Quality of Life RankingsAustin is the No. 1 Place for Young Adults. (portfolio.com/bizjournals, 3/15/10)Austin is the Healthiest Housing Market for 2010. (Builder, 2/25/10)Austin named the Top City for Your Career. (Sales HQ, 8/25/09)Austin No. 2 Best City for Working Moms. (Forbes, 8/4/09)Austin is 2nd most affordable city in Forbes(Forbes, 6/29/09)Austin one of U.S. News (USNews.com, 6/8/09)Austin ranks 9th on American Fitness Index. (American College Sports Medicine, 5/26/09)Austin the Best City for a Fresh Start. (Relocation.com, 5/21/09)Austin ranked 11th Best City for the Outdoors. (Forbes, 5/12/09)Austin Best Bargain City in the U.S. (Forbes, 5/09)Austin one of the 10 Best Cities of 2009. (Kiplinger.com, 5/09)Austin no. 1 Big City for Jobs. (Forbes, 4/12/09)Austin comes in 2nd in the top 10 Cities Where Americans are Relocating. (Forbes, 3/30/09)Austin one of 15 Coolest North American Cities. (MSN Travel, 1/22/09)

OPPORTUNITY AUSTIN

Peer Metros

Unemployment Rate

May 2010

Nonfarm Payroll Jobs

May 2010-

Difference Percent

United States 9.3% -0.4%

Texas 8.0 0.2

Austin MSA 6.9 767,700 4,000 0.5

Denver MSA 7.7 1,181,300 -24,900 -2.1%

Nashville MSA 9.0 720,800 -5,500 -0.8%

Phoenix MSA 8.7 1,721,400 -12,000 -0.7%

Raleigh MSA 8.2 500,600 -2,900 -0.6%

Source: U.S. Bureau of Labor Statistics.

Not seasonally adjusted.

Opportunity AustinSummary of Results

5-YearResult

5-YearGoal

New jobs 124,200 72,000

Payroll increase $5.6 billion $2.9 billion

Corporate relocation announcements 144 100

Out-of-region visits 835 500

Prospect visits 540 250

Regional retention visits 857 475

Regional Issues

Traffic, 61, 25%

Talent, 78, 33%

Public Transit, 46, 19%

Prop-erty Taxes, 55, 23%

2007 Issues

Traffic, 67, 29%

Talent, 65, 29%


Non-stop Flights4018%

2008 YTD Issues

Talent, 19, 29%


Tech-nical Coll-eges, 21, 31%

2008 YTD Regional Partner Issues

Opportunity Austin5-Year Plan

Program Goals:

72,000 net new jobs

$2.9 billion net increase in payroll

$14 billion in GRP

Opportunity AustinRelocations by Target Industry Sector2004-June 2010

Clean energy 9

Data center 6

Digital media 24

Headquarters/regional office 35

Life sciences 19

Semiconductor 14

Software 21

Wireless 8

Other IT 12

Other 30

TOTAL 178

Origin of Corporate Relocationsto the Austin Area Since 2004

Through December 2009

Opportunity Austin 2.02009-2013

MAJOR GOALS

In the next 5 years:1. Create a net gain of more than 117,000 jobs

2.total payroll by $10.8 billion

Opportunity Austin 2.0Five-Year Approved Budget

$8,509,907 40.5%

$2,111,754 10.1%

$6,272,472 29.9%

$732,743 3.5%

$1,362,349 6.5%

$483,897 2.3%

$426,878 2.0%

$100,000 0.5% $1,000,000

4.8%$21 MillionEconomic diversification

Business retention & expansion

Education

Talent attraction

Improve transportation system

Keeping Greater Austin Great

Investor relations

Fundraising campaign

Opportunity Austin 2.0Comparison Cities

$60.0

$25.0$22.5 $22.5 $22.0 $21.0

$17.0 $17.0

$0

$10

$20

$30

$40

$50

$60

Millions

Opportunity Austin 2.0Economic Diversification

Convergence technologies

Creative media

Green industries

Corporate/professional headquarters & offices

Health care & life sciences


Target industriesConvergence technologies

Wireless

Software

Nanotechnology

Semiconductors


Target industriesCreative media

Media developmentProductionDistributionThe marketing of:MusicFilmTelevisionVideo game industries


Target industriesGreen industries

Solar panelsFuel cellsWind turbinesElectric carsClean energyGreen products


Target industriesHealth care & life sciences

Medical devicesBio-techBioinformaticsBioscienceNanoscience

Austin, TexasA Beautiful Place to Live