DFW Economic and Geographic Review October 16 2014

Preview:

Citation preview

DFWEconomy

AndGeography

2014

Fort WorthDallas

Fort Worth Dallas

Texas

DallasFort Worth

Region

Population of Largest U.S. Metropolitan Regions1990

1. New York 16.8 million2. Los Angeles 11.3 million3. Chicago 8.2 million4. Philadelphia 5.4 million5. Detroit 4.2 million6. Boston 4.1 million7. Washington D.C. 4.1 million8. Miami 4.1 million9. Dallas-Fort Worth 3.9 million

10. Houston 3.8 million

Population of Largest U.S. Metropolitan Regions2013

1. New York 19.9 million2. Los Angeles 13.1 million3. Chicago 9.5 million4. Dallas-Fort Worth 6.8 million5. Houston 6.3 million6. Philadelphia 6.0 million7. Washington D.C. 5.9 million8. Miami 5.8 million9. Atlanta 5.5 million

10. Boston 4.7 million

Population of Largest TexasMetropolitan Regions

DFW

6.8 million

26% of Texas

Houston

6.3 million

24% of Texas

San Antonio

2.2 million8% of Texas

Austin

1.9 million7% of Texas

Texas Population is26.5 million

Strength of DFW Economy

DFW

$440 billion30% of Texas

Texas

$1.46 trillion

Gross Product in USD Top U.S. Metropolitan AreasFor Job Growth in 2013

1. DFW 3.1%2. Houston 2.8%3. Atlanta 2.7%4. Boston 2.1%5. Miami 1.8%

• Spain

• Mexico

• Netherlands• Saudi Arabia

• Argentina• Poland• Belgium

• Austria• UAE• South Africa• Singapore

Dallas Fort WorthIs The Largest Texas Region For

Manufacturing Jobs 34%High Tech Jobs 38%

Dallas Fort WorthIs A Global Trading Center

Large Trading Partners (DFW total is $68.2b)China $27.0 billion 39.6%South Korea $7.1 billion 10.4%Japan $3.9 billion 5.7%Taiwan $3.0 billion 4.4%Canada $2.7 billion 4.0%United Kingdom $2.4 billion 3.5%

Top Goods Exported From DFW

Aircraft and Parts $7.3 billionSemiconductors $2.9 billionCommunication Equipment $2.7 billionMotor Vehicles $2.3 billion

Top Services Exported From DFW

Financial $2.2 billionAir Transportation $1.7 billionFreight $1.7 billionManagement $1.3 billionInformation Technology $1.2 billion

New Boeing 787 aircraft are painted inFort Worth, including those for Hainan and

China Southern Airlines.

Texas and DFW Business Climate

Texas and DFW Business Climate

Right To Work StateLow Workers’ Compensation CostsNo State Income TaxRanked by CEOs As A Top State For BusinessCentral U.S. Location For One Day Access

Texas and DFW Business Climate

Right To Work StateLow Workers’ Compensation CostsNo State Income TaxRanked by CEOs As A Top State For BusinessCentral U.S. Location For One Day Access

Texas and DFW Business Climate

Right To Work StateLow Workers’ Compensation CostsNo State Income TaxRanked by CEOs As A Top State For BusinessCentral U.S. Location For One Day Access

Texas and DFW Business Climate

Right To Work StateLow Workers’ Compensation CostsNo State Income TaxRanked by CEOs As A Top 10 State For BusinessCentral U.S. Location For One Day Access

Texas and DFW Business Climate

Right To Work StateLow Workers’ Compensation CostsNo State Income TaxRanked by CEOs As A Top 10 State For BusinessCentral U.S. Location For One Day Access

Headquarters Move to DFWRecent

Toyota USAHilti North America

Active NetworkOmnitracs

DFW A Top Corporation Location

804Corporate Moves

or ExpansionsIn DFW

Since 2009

Fort WorthAlcon

AmazonBAE Systems

Bell HelicopterDannon

General MotorsGE Transportation

GoodrichLG ElectronicsMiller Coors

Q-EdgeRadio Shack

DallasAT&TBMW

CaterpillarFluor

L’OrealNissan

NTT DataQuaker Oats

RaytheonState Farm

ToyotaTrend Micro

U.S. and Global Direct Flights

177 U.S. Direct Flights55 Global Direct Flights

Largest Global AirlineBased in Fort Worth

Largest U.S. AirlineBased in Dallas

Oil and Gas Basins and Plays

Flow of Goods Over U.S. Highways

Logistics

A Major U.S.Logistics Hub

Commuter Rail in DFW

A Great and Affordable Quality of Life, Fine Schools and Universities, and Entrepreneurial Spirit Attracts Young and Talented People and Companies to DFW.

Sundance SquareFort Worth

AT&T StadiumArlington

Fort WorthStockyards

Kimbell Art MuseumFort Worth

Perot Museum of Nature & Science

Dallas

Winspear Opera HouseDallas

Klyde Warren ParkDallas

Modern Art MuseumFort Worth

Dallas Arboretum

DFWEconomy

AndGeography

2014

Fort WorthDallas

Recommended