By: Sarah Drake
Austin is one of three markets defying the odds at a time when most metropolitan areas are struggling to sustain economic momentum.
The Capitol City, McAllen-Edinburg and San Antonio are the only three areas to post private-sector employment gains in 84 of the past 100 months, an analysis of U.S. Bureau of Labor Statistics U.S. Bureau of Labor StatisticsLatest from The Business JournalsNorth Dakota jobs almost untouched by recession; See where New Mexico ranksFollow this company shows.
On Numbers analyzed annual growth rates posted for each month between January 2004 and April 2012 to study the private sector’s performance in 100 markets.
Austin posted gains of more than 1 percent in 80 of 100 months, and was No. 2 with 71 increases of more than 2 percent.
Dayton, Ohio ranked last with increased employment in just 21 months since the beginning of 2004.