Economy

economy
4:57 pm
Tue November 9, 2010

Austin's Economy Gets Newsweek Props But Does Trouble Loom?

Newsweek says Austin's economy is poised for recovery, but the analysis ignores the possibility of massive public sector job cuts.

Newsweek is the latest national publication to give Austin's economy high praise for being pretty awesome compared to everywhere else.

In its list of the 10 American cities best situated for the recovery, Newsweek repeats the familiar refrain of reasons why Austin's economy rules.

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music and arts
4:47 pm
Mon November 8, 2010

Report: SXSW 2010 Pumped $113 Million into Austin Economy

A Japanese band called Geeks puts up a poster during SXSW 2010. A study today says the festival generated $113 million in spending for the Austin economy.
Photo courtesy JTImages http://www.flickr.com/photos/jmtimages/

South by Southwest's 2010 conference injected $113 million dollars into the city's economy, mainly from people who traveled to Austin to attend. That's according to a new economic report from GreyHill Advisors, whom SXSW commissioned to conduct the study.

You can read a five page executive summary of the report on GreyHill's website. Here are some highlights:

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