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Dallas and Houston: Centers For Economic Development

[Originally published by Forbes]

 

Dallas, TX–There is ongoing speculation about how cities can attract economic development, particularly the large-scale kind spurred by corporate relocations. The question is particularly important to public officials, who view such growth as a way to get instant jobs and tax revenue. The answer may lie in the examples of Houston and Dallas, two metro areas that have been among the nation’s economic growth leaders. Their causes for success are multi-faceted, and refute some of the received wisdom, but mostly boil down to their open economies…[read the rest at Forbes]