Dallas-Fort Worth is projected to end this year with the nation’s fifth-fastest growing economy among major U.S cities, according to the inaugural report of the American Growth Project.
The project, led by the University of North Carolina’s Kenan Institute of Private Enterprise, said only San Francisco, Austin, Seattle and Raleigh-Durham will end the year with stronger economic growth.
“The area’s addition of 97,290 people between June 2020 and July 2021 was not entirely surprising, as the area has reported robust and positive population growth each year since 1950,” the researchers wrote about D-FW. “The region’s persistent attractiveness to new migrants is likely due – at least in part – to its diversity and strength across industries.”
Researchers ranked the metro areas based on gross domestic product gains or losses this year. GDP is a monetary measure of the value of goods and services produced in the cities…
