Austin/Central Texas News

2009 Headlines

Unemployment claims and Austin jobless rate fall
Austin Business Journal (12/31/09)

About 22,000 less Americans filed initial unemployment claims last week, the U.S. Department of Labor said today. The advanced figure on seasonally-adjusted claims was 432,000 filings... Read More

Austin tap water among best in nation
Austin Business Journal (12/23/09)

Austin topped the nation for tap water quality along with Arlington, Fort Worth and Dallas, while Houston reported some of the highest levels of contaminants. The Environmental Working... Read More

Joint venture commences North Austin planned community
Austin Business Journal (12/23/09)

A North Austin planned community will soon turn dirt on residential lots. A joint venture including Fla.-based Avalon Park Group and Swiss investor Richard Kunz planned the Yager Lane... Read More

Austin Community College chosen for NASA program
Austin Business Journal (12/23/09)

Austin Community College was one of about 20 schools nationally and the only non-university chosen to participate in a NASA simulated, zero-gravity program. The Houston-based space... Read More

Austin's U.S. Oil & Gas to buy distributor
Austin Business Journal (12/14/09)

United States Oil & Gas Corp. (Pinksheets: USOG) will purchase North Dakota-based United Oil & Gas Inc. by the end of the year, according to an announcement this morning. U.S. Oil & Gas... Read More

Texas A&M Round Rock opens
Austin Business Journal (12/11/09)

The Texas A&M Health Science Center opened the doors to its Round Rock campus during a ribbon-cutting today. “The opening of this building is a great first step in our commitment to the... Read More

Austin expects best retail growth in U.S.
Austin Business Journal (12/9/09)

Austin is the most likely city to experience retail growth for the rest of 2009 and into 2010, according to a ranking today by Pitney Bowes Business Insight. The report lists the top 10 U.S...Read More

California game developer moves headquarters to Austin
Austin Business Journal (12/9/09)

California gaming company True Games Interactive moved its headquarters to Austin, officials said this morning. The online, multi-player game developer was previously headquartered in Irvine...Read More

Austin social networking newcomer garners $8.4 million from investors
Austin Business Journal (12/9/09)

Austin-based social networking newcomer Gowalla captured $8.4 million in new investor funding, the company announced today. The company founded in 2007 employs 11 workers and has... Read More

UT to participate in green business council
Austin Business Journal (12/3/09)

The University of Texas will participate in a new green business planning council formed by AT&T Inc. today. The group called the “Business Sustainability Advisory Council” will work to improve... Read More

Round Rock again among safest cities
Austin Business Journal (12/3/09)

Round Rock is one of the FBI’s safest cities in America for the fifth straight year, according to an announcement. The city north of Austin is the fourth-safest city with 100,000 or more... Read More

Daimler launches car-share program in Austin
Austin Business Journal (11/17/09)

Daimler auto officials, alongside Austin city officials, launched a co-operative car-share initiative Tuesday to become the nation’s largest car-sharing pilot program by introducing 200 smart cars... Read More

Austin among easiest college towns to afford a home
Austin Business Journal (11/5/09)

Austin is one of the most affordable college towns in the country when it comes to buying a home, according to this year’s Coldwell Banker College Home Price Comparison Index. Austin... Read More

Austin ranks 3rd on list of America’s fastest-recovering cities
Forbes (11/19/09)

To form our list, we ranked the 100 largest Metropolitan Statistical Areas--geographic entities that the U.S. Office of Management and Budget defines and uses in collecting statistics... Read More

Austin gets $13.4M for affordable housing
Austin Business Journal (11/2/09)

Austin received $13.4 million in grants from the U.S. Department of Housing and Urban Development to support community development and produce more affordable housing. The Austin... Read More

Austin among top 10 recession-proof cities to retire in
Forbes (10/15/09)

Four cities in the Lone Star State make the list. The Dallas-Ft. Worth metro area; Houston, just two spots behind it; Austin at No. 6; and San Antonio in the No. 10 spot. All three cities are... Read More

Report says recession ended in August for Austin
Austin Business Journal (10/15/09)

The recession ended in August in one out of every five metro areas in the United States, including Austin and other major cities of Texas, according to the latest Adversity Index from Moody's... Read More

Fortune: Austin a top place to launch a small biz
Austin Business Journal (10/13/09)

With so many Americans in the unemployment line these days, a growing number are looking at entrepreneurship as an option. That's what makes this year's list of the best cities to start a... Read More

Round Rock 2nd fastest growing big city in U.S.
Austin Business Journal (7/1/09)

Round Rock is the second-fastest growing large city in the nation for the 12 months that ended July 1, 2008, the U.S. Census Bureau said in its annual population estimates released... Read More

Austin-Round Rock best poised for recession recovery
Forbes (6/10/09)

From now to the end of 2010, the economy of Austin is projected to grow by $5 billion, and unemployment has stayed relatively subdued. The city's diverse economy, home to Dell, the... Read More

Austin ranks 3rd best city for economy, affordability and fun
U.S. News & World Report (6/8/09)

If you're a free spirit, music junkie, or barbecue lover-or if you simply have what it takes to "keep Austin weird"-Texas's state capital is for you. Considered ground zero for live music, this... Read More

Austin will be 5th fastest growing U.S. metro
Austin Business Journal (6/2/09)

The population of the Austin metro area will grow to more than 2.7 million by the year 2025, according to an analysis of government data by bizjournals. The projected growth rate of Austin... Read More

Austin among top 10 best cities for 2009
Kiplinger's Personal Finance magazine (7/09)

Leave it to Austin to ruin the curve. While most cities around the country posted job layoffs in the past year, Austin added 3,300 jobs, the biggest bump in the country... Read More

Austin home prices up, still dropping elsewhere
Austin Business Journal (5/27/09)

Though the rate of decline is slowing in some regions, home prices continue to drop nationwide. But in Austin, home prices actually increased in March compared with the same month last... Read More

Austin maintains its status as a "fit" city
Austin Business Journal (5/26/09)

The Austin area continues to be one of the fittest regions in the nation, according to the American College of Sports Medicine's American Fitness Index. Austin ranked ninth on the list... Read More

Austin the nation's top city for a "fresh start"
Austin Business Journal (5/21/09)

Austin is the best city in America to get a fresh start, according to a new report from The online moving service company ranked Austin No. 1 on its list of the best cities to... Read More

Austin 3rd most likely housing market to rebound
Today (5/19/09)

Real estate expert Barbara Corcoran talks with TODAY's Natalie Morales about the five cities in America that are may be on the verge of recovery from the housing slump and the three cities... Read More

Austin ranks No. 1 for potential job growth
Austin Business Journal (4/14/09)

Texas dominates a new list on job growth potential among the nation's largest metropolitan areas. Austin ranks No. 1 on the list of big cities for employment potential from Read More

Austin "low risk" for home price correction
Austin Business Journal (4/1/09)

The Austin metropolitan area is not likely to see a major correction in home prices, according to PMI Mortgage Insurance Co.'s First Quarter 2009 Economic and Real Estate Trends Report... Read More

Austin ranks 2nd for relocationsForbes (3/30/09)

Unemployment is on the rise, credit is tight, and consumers aren't spending--which means they aren't picking up and moving much either… Read More

Forbes ranks Austin No. 8 on best places for biz list
Austin Business Journal (3/27/09) ranks Austin the 8th best place for business and careers in its latest list. Texas' Capital City rose significantly from 47th on last year's list... Read More

Austin 2nd fastest growing city in nation
Austin Business Journal (3/19/09)

Austin was the nation's second-fastest-growing metropolitan area between 2007 and 2008, according to new data from the U.S. Census Bureau... Read More

Austin pushing up street projects; plan could create hundreds of new jobs
Austin Business Journal (3/16/09)

Austin City Manager Marc Ott announced today that the city will accelerate $69.1 million of spending on Austin street reconstruction projects to begin in the next 18 months... Read More

Opportunity Austin 2.0 has raised $16M to date
Austin Business Journal (2/5/09)

The Austin Chamber of Commerce's Opportunity Austin 2.0 is doing well despite a shaky economy. At the chamber's annual meeting on Feb. 4... Read More

Austin continues to be attractive to foreign real estate investors
Austin Business Journal (1/27/09)

In an increasingly volatile global real estate marketplace, Austin remains an attractive play for foreign investors looking for opportunities... Read More

Austin lawyer seeks to attract more alternative energy projects
Austin American-Statesman (1/27/09)

Lawyer Pike Powers is calling for a community-wide effort in Austin to attract more alternative energy manufacturing projects to Central Texas... Read More

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