7. Key Takeaways
7
Austin is maintaining competitive advantage in
traditional strengths and developing new areas
of specialization that will drive future growth
Austin economy has diversified but tech is still
fuel for wealth creation—e.g., annual earnings
estimated to be > 4x City of Austin budget
Talent availability is biggest challenge—Austin
expected to have 2,400 openings for software
developers 2012-17 and < 25% could be filled
with regional graduates at current rate
Source: Civic Analytics LLC, EMSI, National Center for Education Statistics