Greater Austin - Economy

Economy

Employment by Industry for MSA
Sector Percentage
Government 21.9%
Professional and
business services
13.3%
Retail trade 10.4%
Education and
health services
10.2%
Leisure and hospitality 10.1%
Manufacturing 8.6%
Financial activities 6.0%
Construction and mining 5.6%
Wholesale trade 5.3%
Information 3.0%
Transportation, warehousing,
and utilities
1.6%
Other services 3.9%

Greater Austin has a diverse economy heavily anchored by government activities and education. High-tech firms, particularly related to semiconductors and software, are also important economic pillars. The five-county MSA had a gross domestic product of $86 billion in 2010, making it the 35th largest metropolitan economy in the U.S.

Most of the area's largest employers are all within the City of Austin. These include Advanced Micro Devices, Austin Independent School District, the City of Austin, Freescale Semiconductor, IBM, Seton Healthcare Network, the Texas Government, the United States Government, and the University of Texas at Austin. Major employers outside of Austin include Dell (Round Rock), MD/Totco in Cedar Park (a division of National Oilwell Varco), Southwestern University in Georgetown, and Texas State University in San Marcos.

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