Office of the Governor Rick Perry

In Case You Missed It…Forbes: If you're looking for economic opportunity, go to Texas

Tuesday, June 29, 2010  •  Austin, Texas  •  Press Release

Forbes listed several Texas cities at the top of its list of "America's Recovery Capitals," with Austin securing the top spot overall. "Looking for a place to take advantage of the recovery?" Forbes asks. "Try Texas."

"The Lone Star state's major metro areas - Austin, Dallas/Ft. Worth, Houston and San Antonio -are all emerging from the recession better than their counterparts in many areas of the country."

Austin, Dallas-Fort Worth, Houston and San Antonio all received high mentions, with McAllen and El Paso also finding places on the list.

The list was compiled by Forbes with the assistance of Moody's, based on data that indicate how major metro areas are likely to fare within the next few years.

"Mark Zandi, chief economist and cofounder of Moody's, says he expects manufacturing and distribution centers (think Atlanta and Dallas) to show the first signs of life as the recovery unfolds this year," Forbes says.

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