Post on 31-Mar-2015
transcript
May 2012
DallasTarrant
Denton
Johnson
CollinWise
Parker
Ellis
Kaufman
Rockwall
Hunt
Delta
North Texas CommissionEstablished 1971
Mission Statement: The North Texas Commission collaborates with regional stakeholders to strengthen public-private alliances, advancing an economically vibrant region.
1. Marketing
2. Advocacy
3. Collaboration
The North Texas Region
The 10 largest metropolitan areas in the US:
Rank Metro Area Population
1 New York, NY 18,897,109
2 Los Angeles, CA 12,828,837
3 Chicago, IL 9,461,105
4 Dallas-Fort Worth 6,526,548
5 Philadelphia 5,965,343
6 Houston 5,946,800
7 Washington, DC 5,582,170
8 Miami, FL 5,564,635
9 Atlanta, GA 5,268,860
10 Boston, MA-NH 4,552,402
Source: 2010 Census
The North Texas Region
•135 cities and municipalities
•13 =100,000+ residents
Largest Cities
No. City Population
1 Dallas 1,207,420
2 Fort Worth 757,810
3 Arlington 365,860
4 Plano 261,900
5 Garland 228,060
6 Irving 218,850
7 Grand Prairie 176,980
8 Mesquite 139,950
9 McKinney 136,180
10 Frisco 125,500
11 Carrollton 121,150
12 Denton 115,810
13 Richardson 100,450
Source: North Central Texas Council of
Governments
Development Over the Years
1940: 1,017,027
1955: 1,337,203+
1965: 1,851,111+
1975: 2,506,973+
1985: 3,116,152+
1995: 4,111,750+
2003: 5,732,908
2012: 6,526,548
Fortune 500 companies
The North Texas BusinessCommunity – Largest Employers
•North Texas has the largest
labor force in the state at
more than 3.3 million.
Largest Employers
No. Name Employees
1 American Airlines 24,888
2 Texas Health Resources 24,189
3 Bank of America 20,000
4 Dallas ISD 18,868
5 Baylor Health Care System 17,097
6 Lockheed Martin 15,000
7 JPMorgan Chase 13,500
8 City of Dallas 13,369
9 UT-Southwestern Medical Center 13,053
10 HCA North Texas Division 11,400
11 Fort Worth ISD 10,953
12 Verizon Communications 10,500
13 U.S. Postal Service 10,439
14 Tom Thumb Food and Pharmacy 10,044
15 Parkland Health & Hospital 9,500
Source: Dallas Business Journal 2012
The North Texas Economic Drivers
What fuels North Texas’ economic development?
DFW International Airport
Central U.S. location
Low cost of doing business and low cost of living attracts companies and workers
Diverse economy
Highly educated workforce
Quality of Life
Texas Industry Clusters
Advanced
Technologies &
Manufacturing
Aerospace &
Defense
Biotechnology and
Life Sciences
Information and
Computer
Technology
Petroleum
Refining and
Chemical Products
Energy
Employment by Industrial Sector
Construction & Mining, 5%
Manufacturing, 9%
Trade,
Transportation,
Utilities,
19%
Information,
3%
Financial
Activities, 8%
Professional,
Business
Services, 15%
Government, 14%
Other
Services, 4%
Leisure &
Hospitality,
10%
Education & Health Services, 13%
Source: Texas Workforce Commission
Aviation and Defense in North Texas
• 500,000 jobs
• Lockheed Martin, Bell Helicopter, American Eurocopter, Raytheon and more
• Lockheed Martin's local economic impact is more than $6 billion
Lockheed Martin Aeronautics
Employment: 4,999 at Fort Worth site (29,430 at all Aeronautics sites)
2010 Sales: $13.2 billion
2010 Payroll: $1.426 billion
Economic impact locally: $6 billion plus
Fort Worth facility: 680 acres, 155 buildings, 7.7 million square feet
Biotechnology and Life Sciences
• 90 major hospitals
• 2 major medical schools
•UT Southwestern Medical Center ranked No. 20 in the country among research medical
schools
•UNT Health Science Center ranks among the nation's leading primary care medical schools
•400,000 jobs in North Texas
Higher Education
• 31 colleges and universities
• 350,000+ students annually in higher education institutions
•SMU's Cox School of Business consistently ranks in the top 50 in the country among
best business schools
•North Texas is home to 2 of the top-5 largest universities in Texas (UNT and UTA)
North Texas on the Global Playing Field
•Texas leads U.S. in export
revenue
•North Texas accounts for 15%
of Texas exports
Product Percent
Computer and Electronics 34%
Transportation Equipment 16.7%
Chemical Manufacturing 11.5%
Machinery Manufacturing 11.4%
All Others 26.4%
North Texas' Top Exports
Country Total Value of Goods
China $16.3 billion
South Korea $4.9 billion
Japan $2.9 billion
Taiwan $2.9 billion
Malaysia $2.5 billion
Top Trading Partners
Source: Census Bureau
Economic Impact of the Barnett Shale
• Active wells: 15,675
• 24 counties
• 111,131 jobsParker
1,294
Tarrant
3,170
Dallas
30
Denton
2,842
Wise
2,629
Jack
199
Archer
1
Clay
24Montague
389Cooke
214
Stephens
6
Shackelford
6
Ellis
60
Johnson
3,325Eastland
20
Comanche
3
Hamilton
1
Coryell
1
Erath
215
Bosque
14
Hill
249
Hood
713
Somervell
91
Palo Pinto
177
Wells by County
Economic Impact of the Arts
• $998.2 million to the economy in 2007
• $995.3 million to the economy in 2008
• $1.06 billion to the economy in 2009
2011 Major Capital Expenditures
Perot Museum of Nature & Science
Nonprofit arts and cultural organizations in North Texas have added more than:
Modern Art Museum
Fort Worth, Texas
Advocacy: Clean Air
Keeping up with Clean Air Restrictions• 9 counties in North Texas
are non-attainment
• The goal post keeps
moving – EPA compliance
was 85 ppb for ozone, but
has now been moved to
75 ppb for ozone.
• Non-compliance costs us federal funding
• Caution against false science for political reasons
• SB 527/HB1145 Air Monitors Bills
Growth Outpacing Supply
•Water supply must double over next 50 yrs to meet population
• Proposition 2 passed in Nov. 2011
• Need new sources of water – Oklahoma, Marvin Nichols reservoir, Lower Bois d'Arc Creek, Toledo Bend
• Expensive, Political Battles
Advocacy: Water
Advocacy: Regional Transportation Infrastructure
• Regional effort with no
city/county boundaries
• Seamless regional rail system
vital to continued growth of our
region
• 20-minute errand in
2010/estimated 50 minutes in
10 years
• Existing road maintenance $$
Building Future Leaders Through Collaboration
Leadership North Texas• A graduate-level leadership course
that provides the tools and support
needed to become a regional leader.
• Because of the regional nature of
North Texas, it is imperative for local
leaders to come together to develop
regional solutions.
• Participants in the development of
appropriate strategies for North Texas
Leadership North Texas
Graduates Composition:
Business Leaders 29
City Officials 8
Nonprofit Leaders 8
City Mayors 3
City Council members 3
Higher Education leaders 3
Total 54
Regional Collaboration Success Stories
DFW International Airport
• 4th busiest airport in the world
in operations
• +/-4 hours to every major
continental destination
• 711,000+ U.S. tons of cargo
• 1,800 non-stop flights daily
• 145 domestic destinations
• 48 international destinations
• 14 airline cargo carriers and 17 passenger carriers
in 5 terminals
• World’s only airport to land 4 aircraft simultaneously
• 57 million passengers annually
$16.6 Billion
Regional Collaboration Success Stories
North Texas Super Bowl XLV
• Collaborative bid effort between
Arlington, Dallas, Fort Worth
and Irving• 10,000 volunteers• NFL Emerging Business Program
focused on minority- and women-owned businesses
• SLANT 45: 45,000 elementary students and 200,000 hours of service
• Super Build – Habitat for Humanity tobuild 45 new homes in conjunctionwith Super Bowl XLV.
• Souper Bowl – North Texas FoodBank & Tarrant Area Food Bank
Regional Collaboration Success Stories
R&R Program• USO and DFW Airport• Volunteers from across
the region• 1,000,000th Soldier
January 2011• Program concluded
March 13, 2012
Thank You!
Mabrie@ntc-dfw.org