"What’s The GOOD News?” May 2019

1.* Ten percent of the United States workforce, 15.3 million people, work for themselves, according to the Bureau of Labor Statistics. A recent study sought out the best cities for starting a business, and Fort Worth came in at No. 11. WalletHub, a personal finance website, used 19 key metrics, such as five-year business-survival rate and office-space affordability, to compare 100 cities in the U.S. Fort Worth ranked highest in the business environment category, at No. 3. This ranking considered startups per capita, the average growth of business revenue, length of an average workweek, and more. The other two rankings were access to resources and business costs. For those, Fort Worth ranked No. 24 and No. 74, respectively.

2.* DFW ranks high among U.S. cities with most $100K-plus jobs available. Dallas-Fort Worth has 8,432 job openings available for the month of May for positions that pay more than $100,000. As Dallas-Fort Worth's tech sector continues to surge, an onslaught of six-figure salary jobs has come available. According to data analyzed by Ladders Inc., a career website focused on high-paying jobs, Dallas-Fort Worth has 8,432 of those high-paying job openings available for the month of May. Using ADP and Moody’s Analytics, Ladders identified that the number of private payrolls nationwide increased by 275,000 in April. Ladders focused on look at mid- to senior level jobs in its analysis. Dallas-Fort Worth took the number No. 8 spot on the list of the top 15 American cities with the most available six-figure salary positions.

3.* The Dallas-Fort Worth area ranks as the hottest market for new home construction in the nation, even as home building is cooling in many other areas, raising a seemingly obvious question: Are we overbuilding? Not a chance, according to Brian Cramer, senior vice president and division manager of Newland Communities. “With the population growth as a result of the job growth (in North Texas), we’re undersupplying the housing market,” he told the Dallas Business Journal. “We just can’t keep up. It’s so difficult for the single family (builders and developers) to keep pace. We’re seeing this across the Metroplex. In North Texas, (it’s the) diversification of the economy, the business-friendly environment, lack of state income taxes, as well as DFW Airport. It’s a big driver. The ability to get anywhere and everywhere out of DFW is a big advantage.”

4.* Two Dallas-Fort Worth towns top America's best places for young families. When starting a family, there's a lot to consider, and a new study might help answer one of the biggest questions: Where should we live? Apartment List analyzed more than 500 U.S. cities to find the best places for young families in 2019. The site considered safety, rent affordability, education quality (high school graduation rates among public schools), and child-friendliness, ultimately naming two Dallas-Fort Worth towns at the top of the list: Flower Mound (No. 4) and Mansfield (No. 9). Flower Mound shines with an A-plus rating (a weighted score of 92.76), performing best in high school graduation rate (97.4) and safety (97.3), and faring well in rent affordability (87.5) and child-friendliness (81.3). Flower Mound is on a roll, as another study just named it the safest city in Texas. Mansfield stands out with an A rating (a weighted score of 89.54), earning its highest marks for safety (95) and child-friendliness (90.7), while having good standing for its high school graduation rate (88.2) and rent affordability (83.9).

5.* Texas' population boom continues, and our neighbors in the northern part of the state are leading the nation when it comes to growth. The Associated Press reports that the Dallas-Fort Worth area led the country in new residents from 2017 to 2018. The U.S. Census Bureau showed that Dallas, Fort Worth, and Arlington grew by 131,700 residents from 2017 to 2018. Even more fascinating, the entire DFW area since 2010 has gained over a million residents in that time frame. The Dallas areas rank as the fourth most populous areas in the country. Overall as a whole state, Texas has grown their population by 3.5% due to births and migrations since 2010. So now you know why traffic seems to get worse every year! Still, it's cool to see Texas leading the nation in yet another field. Ours is a prosperous state in which to live, and as our success continues, you can count on more people moving here and starting families.

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