Dallas Business and Marketplace

The Dallas-Fort Worth metroplex (DFW) is an internationally renowned center of commerce, finance, technology, scientific research and culture.  As the information below clearly indicates, the Dallas marketplace provides a solid foundation for the wonderful quality of Jewish life in Dallas.

DFW Airport

The Dallas-Fort Worth airport is known worldwide as an efficient transportation hub and has been a driving force in the local economy since it opened in the early 1970s.  The airport- only 20 minutes from the Jewish neighborhoods, no matter the hour- provides a convenient means of transportation for business, pleasure or to visit families around the country.  Direct flights from DFW can get us to almost any U.S. destination in three hours or less.

Market Overview

The DFW Metropolitan Statistical Area (MSA) is the 4th largest in the country with 5.7 million residents.  It has been growing steadily since 1970 when it had 2.4 million residents and is projected to continue growing for decades to come. 

Our projected five year growth rate of 4.1% will outpace the United States and many major metropolitan areas.

 Dallas-Forth Worth continues to shine as one of the best places to do business. Twenty four Fortune 500 companies headquarter in the DFW region, with AT&T having recently announced the relocation of their headquarters from San Antonio to Dallas.

  During the 1990’s, DFW was first in the US in employment growth, having added 760,000 net new jobs in the decade.  The region is projected to capture thirty four percent of the job growth in Texas over the next five years.

The local economy is both global and diverse. This has enabled DFW’s economy to weather the economic downturns of recent decades; when one industry is suffering, others are doing well. 

The following industries are among the largest employers in the area:

 


§  Extraction/Construction

§  Manufacturing

§  Transportation/Utilities

§  Trade

§  Information

§  Financial Activities

§  Professional/Business Svcs

§  Education & Health Care

§  Leisure & Hospitality


Texas State Financial Incentives

Ø  Texas has no personal or corporate income tax and no state property or unitary state tax. (Texas Comptroller of Public Accounts)

Ø  The Texas Linked Deposit Program encourages lending to historically underutilized businesses, childcare providers, non-profit corporations, and/or small or medium-sized businesses located in an Enterprise Zone. Proceeds may be used for working capital or the purchase, construction, or lease of capital assets.  (Office of the Governor - Economic Development & Tourism)

Ø  The Texas Industrial Revenue Bond Program provides tax exempt financing for land and depreciable property for industrial and manufacturing projects. (Texas Comptroller of Public Accounts)

Ø  The Economic Development and Diversification Program is a tax incentive that offers an in-state tuition waiver for family members who have relocated their company to Texas.                                                  (Office of the Governor-Economic Development & Tourism)

 

Community Partners

Congregation Shaare Tefilla Shaare Tefilla is an OU synagogue with 200 member families. Led by Rabbi Ari Perl, Shaare is known for its friendly and relaxed atmosphere, its outst... Read more

Akiba Academy (Infant-8th grade) Located on the new and magnificent Schultz Rosenberg Campus, Akiba offers its students a first-rate academic program of Judaic and general studies, ut... Read more

Community Kollel of Dallas An affiliate of YU/CJF’s Global Kollel Initiative, the Kollel staff’s unique combination of worldliness and Judaic scholarship provide our communi... Read more

Yavneh Academy (9th-12th grade) Founded in 1992, Yavneh Academy of Dallas seeks to provide its students with a superior, dynamic, Judaic and secular education. Yavneh embraces a Tora... Read more

DALLAS BUSINESSWATCH

Texas dominates fastest-growing cities list June 22, 2010 - Star-Telegram Texas notched five of the top 10 spots for population growth among cities with over 100,000 people, according to new census estimates for 2009. Fort Worth ranked fifth, adding 23,276 residents. It was a continuation of Cowtown's 33 percent growth spurt since 2000 as the population grew from 543,338 to 727,525. The next-biggest percentage gainer among cities with over 500,000 people was Atlanta, which jumped 29.2 percent to 540,921. Read more

Shoppers spend a little more during holiday season By ANNE D'INNOCENZIO, AP Retail Writer Anne D'innocenzio, Ap Retail Writer Mon Dec 28 NEW YORK – Holiday shoppers spent a little more this season, according to data released Monday, giving merchants some reason for cheer. Read more

A Tentative Sparkle Enlivens Holiday Shopping December 28, 2009 - New York Times The nation’s stores appear to have fared better this holiday shopping season than last year, according to early figures reported on Sunday. Major retailing categories had modest sales increases, while others fell slightly but still showed improvement. Read more

Texas remains fastest-growing state in latest census estimates December 24, 2009 - Dallas Morning News Even the nasty recession couldn't derail Texas' status as the fastest-growing state, according to U.S. census estimates released Wednesday. Texas gained 478,000 people in the 12 months starting July 1, 2008, the Census Bureau said. California had the next-largest growth (378,000), followed by North Carolina (134,000), Georgia (131,000) and Florida (114,000). Read more

D-FW is country's fastest-growing region June 22, 2010 - Dallas Business Journal Of all major markets in the country, Dallas-Fort Worth showed the most growth in recent years, adding 1.3 million people between April 1, 2000 and July 1, 2009, according to a report from the Census Bureau and CNNMoney.com. Read more