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May 2012

May 2012. 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. Delta. Denton. Wise. Collin. Hunt. Rockwall. Dallas. Tarrant.

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May 2012

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  1. May 2012

  2. North Texas CommissionEstablished 1971 Mission Statement: The North Texas Commission collaborates with regional stakeholders to strengthen public-private alliances, advancing an economically vibrant region. Delta Denton Wise Collin Hunt Rockwall Dallas Tarrant Parker Kaufman Johnson Ellis 1. Marketing 2. Advocacy 3. Collaboration

  3. The North Texas Region • The 10 largest metropolitan areas in the US: • Rank Metro Area Population • 1 New York, NY 18,897,109 • 2 Los Angeles, CA 12,828,837 • 3 Chicago, IL 9,461,105 • 4 Dallas-Fort Worth 6,526,548 • 5 Philadelphia 5,965,343 • Houston 5,946,800 • 7 Washington, DC 5,582,170 • 8 Miami, FL 5,564,635 • 9 Atlanta, GA 5,268,860 • 10 Boston, MA-NH 4,552,402 Source: 2010 Census

  4. The North Texas Region • 135 cities and municipalities • 13 =100,000+ residents 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 BusinessCommunity – Largest Employers • North Texas has the largest labor force in the state at more than 3.3 million. 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% Government, 14% Manufacturing, 9% Other Services, 4% Trade, Transportation, Utilities, 19% Leisure & Hospitality, 10% Information, 3% Education & Health Services, 13% Financial Activities, 8% Professional, Business Services, 15% 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 Top Trading Partners • Texas leads U.S. in export revenue • North Texas accounts for 15% of Texas exports North Texas' Top Exports Source: Census Bureau

  15. Economic Impact of the Barnett Shale Active wells: 15,675 24 counties 111,131 jobs Clay24 Montague389 Archer1 Cooke214 Wise2,629 Denton2,842 Jack199 Parker1,294 Tarrant3,170 Dallas30 Palo Pinto177 Stephens6 Shackelford6 Hood713 Johnson3,325 Ellis60 Eastland20 Erath215 Somervell91 Hill249 Bosque14 Comanche3 Hamilton1 Coryell1 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 Nonprofit arts and cultural organizations in North Texas have added more than: 2011 Major Capital Expenditures Modern Art Museum Fort Worth, Texas Perot Museum of Nature & Science

  17. Advocacy: Clean Air Keeping up with Clean Air Restrictions 9 counties in North Texas are non-attainment The goal post keepsmoving – EPA compliancewas 85 ppb for ozone, buthas 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. Advocacy: Water • 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

  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 Leaders 29 City Officials 8 Nonprofit Leaders 8 City Mayors 3 City Council members 3 Higher Education leaders 3 Total 54

  21. Regional Collaboration Success Stories DFW International Airport 4th busiest airport in the worldin operations +/-4 hours to every majorcontinental 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 World’s only airport to land 4 aircraft simultaneously 57 million passengers annually $16.6 Billion

  22. Regional Collaboration Success Stories North Texas Super Bowl XLV Collaborative bid effort between Arlington, Dallas, Fort Worthand 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 tobuild 45 new homes in conjunctionwith Super Bowl XLV. Souper Bowl – North Texas FoodBank & Tarrant Area Food Bank

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

  24. Thank You!Mabrie@ntc-dfw.org

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