Austin's Stature as a Top Technology Hub is Reinforced in a New National Research Report

Austin's stature as a top technology hub is reinforced in a new national research report ranking it #7 among the top 25 U.S. tech cities. The top 25 tech cities were determined by analyzing the concentration of factors such as talent, capital, and growth opportunity – key ingredients that comprise a tech stew.

Some of the major categories (as defined by Moody’s Analytics) include:

• Computer systems design and related services
• Pharmaceutical and medicine manufacturing
• Computer and peripheral equipment manufacturing
• Software publishers
• Telecommunications
• Data processing, hosting, and related services
• Medical and diagnostic laboratories

Tech workers in the U.S. have hit a record high of more than 6.92 million in 2016, surpassing the previous peak of 6.86 million in 2001.  Not surprisingly, San Jose (Silicon Valley) has the largest percentage of tech workers to total nonfarm jobs at 27.4%; San Francisco/San Mateo is next up at 15.6%

 To read more about the Innagural Report Click Here.