Two Dallas-Fort Worth Counties Lead Nation in Economic Growth Potential Over Next Five Years

Denton and Collin counties are projected to be the nation's fastest growing economies over the next five years, according to an Oxford Economics forecast.Of the top six U.S. counties, four are in Texas:The rates measure expected GDP growth through 2021. The same study projects U.S. economic growth to land at a steady 2 percent this year and next year.Over the next five years, America’s fastest growing cities will be in “sprawling, suburban metro areas,” described as places like Austin, according to the report from the independent global advisory firm headquartered in Oxford, England.That’s because Americans are leaving high-cost, densely populated cities in search of cheaper areas with strong job growth. Within Texas, people are leaving Dallas for the suburbs. From 2009 through 2013, Dallas County experienced an internal migration loss of more than 27,000 people to other Texas counties, according to U.S. Census Bureau data.  Continue reading...

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