Fourth Quarter Highlights slide image

Fourth Quarter Highlights

27 • • • • Austin Market Highlights Market Highlights Population grew by 33% from 2010 to 2020, the highest of any major MSA in the country Ranks first among MSAs for new residents as a percent of total population Expected population growth of 7.8% from 2023 - 2028 As of November 2022, total nonfarm employment has increased 4.7% YoY, compared to the 12 month statewide increase of 5.1% and the nationwide increase of 2.3% - Unemployment rate is 2.8%, compared to 4.0% statewide and 3.4% nationwide Employment in Austin has increased 19.4% YoY in the leisure and hospitality sector and 9.2% YoY in manufacturing, compared to 11.9% and 5.3% statewide, respectively 15 companies have begun operations and 15 companies expanded their existing operations in the Austin-Round Rock MSA in Q4 2022 Austin-Round Rock ranks 2nd for best MSA for STEM professionals amongst the top 100 MSAs Select Fortune 500 Companies amazon ebay ORACLE 8 Meta CISCO 10 San Antonio T TESLA 3M IBM intel) Google (DELL Austin Franchise 35 Round Rock Austin Source: S&P Global, Bureau of Labor Statistics, Forbes, U.S. News and World Report, and Austin Chamber. References to Austin refer to the Austin - Round Rock - San Marcos metropolitan statistical area. PB LISTED NYSE
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