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Austin saw ‘solid’ economic activity in 2024 — here’s what to expect in 2025

Metrics look good early in the new year, with interest from companies continuing

The Austin region is starting 2025 with a positive outlook.

The economy remains strong, with GDP growth of 4.5% last year and unemployment rates below state and national averages. The region continues to focus on diversifying the local economy and attracting top talent to sustain growth.

Local leaders remain optimistic about sustaining growth in the year ahead and we are excited for what 2025 will bring.

Read the full article from The Austin Business Journal.

 

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The Austin region’s growth story is being shaped by activity happening across every layer of the ecosystem. University research is fueling the next generation of startups and breakthrough technologies, industrial investment is expanding into fast-growing communities across Central Texas, and global engagement continues to strengthen the region’s international connectivity.

Several recent developments point to how the Austin region’s innovation economy is evolving in real time. Breakthroughs in emerging sectors like aerospace and defense, life sciences, and digital infrastructure are being matched by record levels of startup investment and top national job growth rankings. Together, these signals reflect how emerging technologies are translating into tangible economic outcomes across the region. Workforce development and infrastructure are advancing in parallel, aligning talent and capacity with the needs of these industries and supporting the region’s ability to scale.

As we close out the first quarter of 2026, the strength of the Austin region’s diversified economy is clear, both in the data and across our communities.

The Austin region entered 2026 with a lot already in motion. Momentum continues across key industries, infrastructure, and innovation.

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