"Austin saw 'solid' economic activity in 2024 — here's what to expect in 2025"
Posted by Grossman & Jones Group on
Austin Business Journal writes, "When asked to sum up 2024, local economic leaders use labels like "solid," a "continuation," and "bright" — healthy, in other words, but not necessarily stellar.
That's because it was a mixed bag, with Austin continuing to search for equilibrium after huge wins in recent years, such as the successful courting of Samsung Electronics Co. Ltd. to Taylor and Tesla Inc. to eastern Travis County.
Central Texas has long been a hotbed for relocations and expansions, starting largely with IBM Corp. coming to town in the 1960s, and continuing with big steps like Samsung picking Austin for a factory in the 1990s. The trend picked up steam and hit a fever pitch during the pandemic, with companies such as Oracle Corp. and…
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