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May 2012. Dallas Tarrant Denton Johnson Collin Wise Parker Ellis Kaufman Rockwall Hunt Delta North Texas Commission Established 1971 Mission Statement:

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Presentation on theme: "May 2012. Dallas Tarrant Denton Johnson Collin Wise Parker Ellis Kaufman Rockwall Hunt Delta North Texas Commission Established 1971 Mission Statement:"— Presentation transcript:

1 May 2012

2 Dallas Tarrant Denton Johnson Collin Wise Parker Ellis Kaufman Rockwall Hunt Delta North Texas Commission Established 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

3 The North Texas Region The 10 largest metropolitan areas in the US: Rank Metro Area Population 1New York, NY18,897,109 2Los Angeles, CA12,828,837 3Chicago, IL 9,461,105 4Dallas-Fort Worth6,526,548 5Philadelphia 5,965,343 6 Houston5,946,800 7Washington, DC 5,582,170 8Miami, FL 5,564,635 9Atlanta, GA 5,268,860 10Boston, MA-NH 4,552,402 Source: 2010 Census

4 The North Texas Region 135 cities and municipalities 13 =100,000+ residents Largest Cities No.City Population 1Dallas1,207,420 2Fort Worth757,810 3Arlington365,860 4Plano261,900 5Garland228,060 6Irving218,850 7Grand Prairie176,980 8Mesquite139,950 9McKinney136,180 10Frisco125,500 11Carrollton121,150 12Denton115,810 13Richardson100,450 Source: North Central Texas Council of Governments

5 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

6 Fortune 500 companies

7 The North Texas Business Community – Largest Employers North Texas has the largest labor force in the state at more than 3.3 million. Largest Employers No.NameEmployees 1American Airlines24,888 2Texas Health Resources24,189 3Bank of America20,000 4Dallas ISD18,868 5Baylor Health Care System17,097 6Lockheed Martin15,000 7JPMorgan Chase13,500 8City of Dallas13,369 9UT-Southwestern Medical Center13,053 10HCA North Texas Division11,400 11Fort Worth ISD10,953 12Verizon Communications10,500 13U.S. Postal Service10,439 14Tom Thumb Food and Pharmacy10,044 15Parkland Health & Hospital9,500 Source: Dallas Business Journal 2012

8 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

9 Texas Industry Clusters Advanced Technologies & Manufacturing Aerospace & Defense Biotechnology and Life Sciences Information and Computer Technology Petroleum Refining and Chemical Products Energy

10 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

11 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

12 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

13 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)

14 North Texas on the Global Playing Field Texas leads U.S. in export revenue North Texas accounts for 15% of Texas exports ProductPercent Computer and Electronics34% Transportation Equipment16.7% Chemical Manufacturing11.5% Machinery Manufacturing11.4% All Others26.4% North Texas' Top Exports CountryTotal 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

15 Economic Impact of the Barnett Shale Active wells: 15,675 24 counties 111,131 jobs Parker 1,294 Tarrant 3,170 Dallas 30 Denton 2,842 Wise 2,629 Jack 199 Archer 1 Clay 24 Montague 389 Cooke 214 Stephens 6 Shackelford 6 Ellis 60 Johnson 3,325 Eastland 20 Comanche 3 Hamilton 1 Coryell 1 Erath 215 Bosque 14 Hill 249 Hood 713 Somervell 91 Palo Pinto 177 Wells by County

16 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

17 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

18 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

19 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 $$

20 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 Leaders29 City Officials8 Nonprofit Leaders8 City Mayors3 City Council members3 Higher Education leaders3 Total54

21 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 Worlds only airport to land 4 aircraft simultaneously 57 million passengers annually

22 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 to build 45 new homes in conjunction with Super Bowl XLV. Souper Bowl – North Texas Food Bank & Tarrant Area Food Bank

23 Regional Collaboration Success Stories R&R Program USO and DFW Airport Volunteers from across the region 1,000,000 th Soldier January 2011 Program concluded March 13, 2012

24 Thank You!

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