Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Austin Metro Area Was Fastest-Growing in 2013, Mayors Say

June 20 (Bloomberg) -- The Austin, Texas, metropolitan area’s economy was the fastest-growing among large cities last year, with a 4.6 percent increase in production of goods and services, according to a U.S. Conference of Mayors report.

Austin was followed by San Jose, California, and Nashville, Tennessee, which both boosted output by 4.2 percent, according to an analysis of the 100 largest cities released at the group’s annual meeting in Dallas. The fastest-growing among all cities was Midland, Texas, which saw an 8.5 percent expansion driven by agriculture, mining and construction.

The lowest-growth large cities were Poughkeepsie-Newburgh, New York, which saw output shrink 1 percent; Rochester, New York, where production shrank 0.8 percent; and Dayton, Ohio, with a 0.6 percent decline.

Gross metropolitan product measures the economic output of a city or region including the value of goods produced and services provided.

The U.S. economy will grow at more than 3 percent for the rest of this year, the fastest rate for gross domestic product since 2004, driven by a stronger world economy, according to the report. Growth will be driven by stronger exports and increased spending by consumers and businesses, the report said.

To contact the reporter on this story: Darrell Preston in Dallas at

To contact the editors responsible for this story: Stephen Merelman at Stacie Sherman

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.