round rock chamber of commerce 2010 industry appreciation night
DESCRIPTION
Brian Kelsey's keynote presentation to the Round Rock Chamber of CommerceTRANSCRIPT
Round Rock Chamber of CommerceJune 23, 2010
Round Rock, Texas
Round Rock Chamber of Commerce 2 June 23, 2010
Population Growth
2009 2008 Change Growth
1. Houston 2,254,690 2,149,948 104,742 4.87%
2. Austin 786,484 736,172 50,312 6.83%
3. Dallas 1,278,484 1,248,184 30,300 2.43%
4. Fort Worth 717,136 688,222 28,914 4.20%
5. San Antonio 1,363,612 1,336,040 27,572 2.06%
6. Round Rock 111,180 100,596 10,584 10.52%
7. Wylie 43,215 34,044 9,171 26.94%
8. El Paso 618,251 609,327 8,924 1.46%
9. Horizon City 16,551 9,812 6,739 68.68%
10. Frisco 96,629 89,905 6,724 7.48%
Round Rock Chamber of Commerce 3 June 23, 2010
Population Growth, 2008-2009
10.52%
3.08%
1.80%0.86%
0%
2%
4%
6%
8%
10%
12%
Round Rock AUS-RR-SM Texas U.S.
Round Rock recently surpassed Wichita Falls, Richardson, Lewisville, and Midland to become the 27th largest city in Texas.
Round Rock Chamber of Commerce 4 June 23, 2010
Migration, 2008
38,000 people moved to Williamson County in 2008 – 67% from TX and 32% from
other states.
Round Rock Chamber of Commerce 5 June 23, 2010
Unemployment Rate
6.4%
8.0%
9.3%
6.0%
7.3%
9.1%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
11.0%
Round Rock Texas U.S.
May-10
May-09
Round Rock Chamber of Commerce 6 June 23, 2010
Housing AffordabilityMedian list price per sq. ft., May 2010
$88 $88 $114
$130
$223
$294
$0
$50
$100
$150
$200
$250
$300
$350
Round Rock Texas U.S. Austin California Los Angeles
Round Rock Chamber of Commerce 7 June 23, 2010
Building PermitsNumber of Privately-Owned Residential Units
727
1,000
565
450 445
879
760
398 422
93 119
0
200
400
600
800
1,000
1,200
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Round Rock Chamber of Commerce 8 June 23, 2010
Educational Attainment, 2009Associate’s Degree +
44.5% 42.9%
34.0%30.9%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
55%
AUS-RR-SM Round Rock U.S. Texas
Round Rock Chamber of Commerce 9 June 23, 2010
Median Household Income, 2010
$51,960
$54,442
$64,649
$80,622
$0 $20,000 $40,000 $60,000 $80,000 $100,000
Texas
U.S.
AUS-RR-SM
Round Rock
Round Rock Chamber of Commerce 10 June 23, 2010
Taxable Sales, 2009
Sector 2009 2008 Change
Retail Trade $997,222,700 $1,026,895,031 -2.89%
Manufacturing $990,436,888 $1,075,478,343 -7.91%
Accommodation/Food Svcs $222,266,870 $215,182,935 3.29%
Wholesale Trade $143,504,972 $179,336,069 -19.98%
Real Estate $97,471,266 $133,875,683 -27.19%
Construction $30,415,221 $46,237,095 -34.22%
Professional Services $20,295,866 $26,626,578 -23.78%
All Industries $2,610,093,259 $2,820,540,927 -7.46%
Round Rock Chamber of Commerce 11 June 23, 2010
Taxable Retail Sales Per Capita, 2009
$3,538
$5,283
$7,080
$7,437
$8,969
$14,394
$0 $4,000 $8,000 $12,000 $16,000
Pflugerville
Cedar Park
Austin
Georgetown
Round Rock
San Marcos
Round Rock Chamber of Commerce 12 June 23, 2010
Economic Development
• Continue supporting entrepreneurship—95% of your businesses have < 50 employees
• Think about ways to connect people—incubators, coworking , networking, downtown
• Targeting education and health care to diversify economy was a very smart play
Round Rock Chamber of Commerce 13 June 23, 2010
Data Sources
• Texas Site Search• Texas Workforce Commission• ESRI Business Analyst Online• U.S. Census Bureau• Texas State Data Center• Texas Comptroller• Forbes (migration map)