How Texas ranks among the most innovative states

WalletHub set out to rank all 50 states and the District of Columbia from least to most innovative, and the results show Texas is holding its own — even if there’s room for improvement in the Lone Star state.

The study looks at each state by 18 key indicators, from share of STEM professionals to research and development spending to the number of tech companies per capita

Click to read more at Houston Business Journal.

Houston named fastest-growing metro in America on new Census Bureau report

Eleven major metropolitan areas, led by the Texas duo of Houston and Dallas-Fort Worth, are growing at a pace of more than 1,000 persons per week, based on population estimates issued this morning by the U.S. Census Bureau.

The federal agency released July 2016 estimates for 382 metros and 3,142 counties across the nation. Click through the slideshow to see the major metros (with populations greater than 500,000) that are growing or shrinking at the fastest weekly rates. Then scroll down to see a database that shows the 2010 and 2016 populations for all metros and counties.

Click to read more at Houston Business Journal.

MAJORITY OF REAL ESTATE INVESTORS IN THE AMERICAS EXPECT TO BE NET BUYERS IN 2017, CBRE SURVEY FINDS

Dallas/Fort Worth is #2 Target Market for Investors, Up from #3 in 2016
Industrial is Most Attractive Property Type for Investment Ahead of Multifamily

 DALLAS – March 13, 2017 – The prospect of increased U.S. economic growth combined with less regulation means that investor sentiment for commercial real estate investment is marginally more positive than last year, despite the potential for rising interest rates, according to the CBRE Americas Investor Intentions Survey 2017 (attached).

The 2017 survey results reveal that investors will remain actively engaged in real estate investment this year, with the majority (67%) intending to be net buyers (more acquisitions than dispositions). The percentage of net buyers has increased since 2015 (60%) and 2016 (65%). The vast majority of these investors (83%) intend to maintain or increase their purchasing activity in 2017

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Texas top state for corporate expansions for fifth consecutive year

Texas has been named a top state for new and expanded corporate facilities once again, according to Site Selection magazine.

The magazine’s two Governor’s Cups for 2016 went to Texas for the most qualified projects of any state and Nebraska, which won in the per capita category. The Houston and Dallas metro areas also were recognized on a top-10 list, but Austin didn’t make that cut.

Click to read more at Austin Business Journal.

Poor Californians are moving to Texas. What does that mean for the economy?

Of the 2 million poor Californians that left the state from 2000-2015, most of them are relocating to Texas. When accounting for poor Texans moving to California — which is a much smaller number — the Lone Star State had a net gain of 155,000 poor Californians.

This comes from a Sacramento Bee study that examined U.S. Census data around the phenomenon. So, is this true? And if it is, what does it mean to the Texas and Dallas economy to have an influx of poor people?

Click to read more at Dallas Business Journal.