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Local Economy Grows

North Texas slams the competition in the Texas economy

Lindsey Wilson
Jul 31, 2015 | 2:38 pm
Common Desk
The North Texas economy just keeps growing, says a study from Texas A&M.
Common Desk

The Real Estate Center at Texas A&M University put together a monthly report on the state of the Texas economy, and the news for locals is good: Of the 26 metropolitan areas studied, two of the most prosperous are in North Texas.

The Dallas-Plano-Irving area ranked second in job creation, with a 4 percent increase in employment since last year.

Fort Worth-Arlington also made the list, coming in seventh with a 2.7 percent increase in employment since last year. That puts it higher than the Texas average of 2.4 percent, and much higher than the 2.1 percent national average.

"The correlation between the Dallas economy and the U.S. economy is very high, and the main reason is because Dallas is a transportation hub and all the goods and services that pass in the state use Dallas transportation systems," said Real Estate Center research economist Ali Anari in the report.

Austin-Round Rock and San Antonio-New Braunfels also score well. But nearly all of the 26 metro areas included in the study saw more jobs than this time last year, and unemployment rates for North Texas are well below the state's 4.4 percent average. Leisure and hospitality lead the charge in job growth, followed by education and health services, then business.

"The rate of growth is slowing for [energy-based] areas, but for Dallas, it is still growing and not declining," Real Estate Center director Gary Maler said. "There’s a positive outlook for this region because of all the companies moving their offices there, like Toyota."

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This Week's Top Stories

Remembering the 'Godfather of Dallas Tex-Mex' and more top stories

CultureMap Staff
Oct 10, 2026 | 10:00 am
Mico
Courtesy photo
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Editor's note: The top Dallas news of the week includes the passing of a local restaurant legend and the reveal of the new Michelin Guide. Plus, future plans for Dallas' beloved Neiman Marcus bridal salon and restaurant. Read on for our most popular stories, then plan your weekend right here.

1. Restaurateur Mico Rodriguez, 'Godfather of Dallas Tex-Mex,' dies at 68. Dallas restaurant legend Michael "Mico" Rodriguez, dubbed the "Godfather of Dallas Tex-Mex," died on October 1; he was 68.

2. Get Tex-Mex and bargain margs at Alexander's Cantina in North Dallas. A Mexican restaurant with a killer happy hour has debuted in North Dallas. Alexander's Cantina & Cocina, a family-owned restaurant and bar, has opened at 4805 Frankford Rd. #105, a space most recently occupied by Casa Don Luis Tex-Mex.

Alexander's Cantina Cocina Great Tex-Mex and Mex-Mex at Alexander's Cantina Cocina. Photo courtesy of Alexander's Cantina Cocina

3. 2 Dallas neighbors top list of safest cities for new homeowners. Roughly 15 miles separate two fast-growing Dallas-Fort Worth suburbs, McKinney and Frisco. Yet they share highly coveted territory in the safety department.

4. Neiman Marcus Bridal Salon and Zodiac Room live on at NorthPark Dallas. The Neiman Marcus flagship store in downtown Dallas closed its doors for good on September 30. But there's a ray of light for those mourning the loss: Some of the most most beloved "downtown Neiman's" traditions are getting a second life at NorthPark.

5. Michelin adds 5 Dallas restaurants to 2026 Texas guide. The Texas restaurant scene is once again in the international spotlight with the reveal of the 2026 Michelin Guide. Three new Texas restaurants were granted Michelin stars.

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