Business Economy in the Metroplex
Considering that 25 Fortune 500 companies have chosen to make their home in the Dallas/Fort Worth area, there’s not much question that the metroplex is good for business. According to a 2010 KPMG report, Dallas’ business costs are the sixth lowest among the 25 largest world business cities.
It’s no wonder that such Fortune 500 companies as American Airlines, RadioShack, BNSF Railway, XTO Energy, Exxon Mobil, AT&T, J.C. Penney, Texas Instruments, Dr. Pepper Snapple Group, Tenet Healthcare, and Southwest Airlines have chosen to make the metroplex their headquarters.
Others think DFW is good for business, too. Inc.com has ranked Dallas and Fort Worth 12th and 9th respectively as the Best Cities to Do Business, and Fortune’s annual 100 Best Companies to Work For issue featured seven DFW-area companies – including Balfour Beatty Construction, Camden Property Trust, Edward Jones, EOG Resources, Ernst & Young, FedEx, and TD Industries.
Beyond the practicalities of cost of living, housing, and accessibility, however, much of what makes the Dallas/Fort Worth metroplex such a strong business community is an aura of serious, yet healthy competition that has resulted in multiple opportunities for job growth, new companies, a thriving environment to start or expand a business, and an overall business commitment to considerable philanthropic investment in the city.
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