When driving around the Dallas/Fort Worth area it’s hard to miss the incredible expansion that’s taking place. With new home construction, multi-purpose residential developments and other types of expansions popping up everywhere it’s a great time to live in such a dynamic area. The phenomenal population growth has helped to spur the economic growth, which has led to Dallas/Fort Worth having the hottest economy in all of Texas. Of all of the major metropolises in Texas, Dallas boasts the fastest job growth of them all. Dallas is now even out pacing Houston in economic growth.
One of the many things that make Dallas a great place to live and work is the wide range of industry in the area. Job growth has been led not only by construction but also by professional services. The area has also seen significant growth in financial sector jobs as well. The banking and insurance industries are seeing impressive growth in Dallas/Fort Worth. It is estimated that the financial sector in Dallas/Fort Worth has added close to 40 percent more jobs in the past year.
Recent reports have even shown the Dallas/Fort Worth/Arlington economies to be worth a total of over $440 billion. Many experts predict those numbers to rise even further over the next year. For those who are considering re-locating to the Dallas/Fort Worth area, now is a great time. Not only will those new to the area benefit from the new additions to the housing market but they will also be able to enjoy all of the culture, entertainment and nightlife that the area has to offer.