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DataPoints - June, 2013
DataPoints - June, 2013
www.capcog.org
Previous Month MoM YoY
VITAL SIGNS
Employment growth continued in April, though at an accelerated rate compared to March. Single-family permits grew a solid 4.82% monthover-month (up 20.9% year-over-year). Multifamily permits rebounded from a moderate dip in March, demonstrating very strong growth occurring in the first half of the year. Sales tax receipts surged 22% in April. Patents awarded continued to slide in May. Capital-area stock turned upward in the month of May, gaining in both the CAPTEX I index and the broader CAPTEX II index..
Bldg. Permits Single-Family Bldg. Permits Multifamily Sales Tax Receipts Patents Awarded
(Apr.) (May.)
(Apr.)
-17.1% -16.4%
(June1)
(June1)
276.44
181.05
275.76
177.98
0.25% -1.63%
0.95% -7.93%
Dive deeper into the data at DataPoints.org for sources, notes and other information.
11
12 13 14 15 16 17 18 19 20 21 22 23 24 25
Austin
Jacksonville Indianapolis San Francisco Columbus Fort Worth Charlotte Detroit El Paso Memphis Boston Seattle Denver Washington Nashville
U.S. Rank 11
City Austin
Growth 3.1%
261
612 692 698 726
Round Rock
Cedar Park Georgetown Pflugerville San Marcos
2.6%
4.7% 4.2% 3.3% 4.9%
DATA POINTS
www.datapoints.org JUNE 2013 www.capcog.org
Share of MSA % Change in Share Population Growth Population '10-'12 10-11 46% -0.3% 3.1% 6% -0.2% 2.6% 3% 10.8% 4.7% 3% 3.2% 4.2% 3% 3.4% 3.3% 3% 4.2% 4.9% 37% 5.5% 5.5%
Source: U.S. Census, CAPCOG
Home to tranquil vistas and hidden outdoor gems, Burnet County has grown steadily over the years as a favorite spot for retirees, weekend getaways and those who looking for rural, small-town living without having to give up access to the vibrancy of Austin. With tourism as a cornerstone of its economy, hotel occupancy is stronger than ever, providing an important stream of value to the area. But like many of the capital areas scenic and rural corners, Burnet County has been challenged to find ways of preserving the charm and natural beauty that lend its appeal while supporting growth and economic diversification that lead to stability and new opportunities for retaining (or attracting) young professionals. One recent development highlights efforts underway within the county to add a new dimension to the local economy and new job opportunities for residents. On June 3rd, Burnet County celebrated the completion of the first phase of what will become the Hurd Regional Medical Center by Scott & White near the intersection of Highways 281 and 71. A key component of the areas efforts to target the health and wellness industry, the $150 million project is expected to create 575 construction-related jobs and another 575 permanent, full-time jobs, with an estimated economic impact of just under a billion dollars over ten years. The first component of the medical center is the 60,000 square foot specialty clinic that opened this month. The full medical center is projected to be complete in 2014. The Marble Falls EDC executed a $2.5 million performance agreement over 5 years with Scott & White to facilitate the project.
SOURCE: Marble Falls EDC, Scott & White