Brian Kelsey's presentation at the Reimagining Cities Symposium presented by the Center for Politics and Governance at the LBJ School of Public Affairs on October 25, 2013.

1. Urban Economic Resiliency: Expanding Economic
Development Opportunities in Cities
Reimagining Cities Symposium
LBJ School of Public Affairs
October 25, 2013

2. GDP Growth, 2002-2012 (Adj)
9%
8%
7%
6%
5%
4%
3%
2%
1%
0%
-1%
-2%
-3%
-4%
-5%
Austin MSA
US Metro Areas
Austin MSA economy grew by 47% between 2001 and
2012, second only to Houston among large metro areas (>
$50B).
Source: US Bureau of Economic Analysis. Adjusted for inflation ($2013).
October 25, 2013 | Reimagining Cities: Building Resiliency

3. Job Growth, 2002-2012
6%
5%
4%
3%
Austin MSA
Texas
2%
1%
0%
US
-1%
-2%
-3%
-4%
-5%
Austin MSA ranked #1 in job growth (23%) among large
metros (500K+) between 2001 and 2012. Austin MSA
added 13,500 jobs per year on average.
Source: US Bureau of Labor Statistics (CES)
October 25, 2013 | Reimagining Cities: Building Resiliency

4. Net Migration (Travis, 2010)
Travis County is gaining approximately 5,600 people per year
moving from other states, fueling total population growth of
276,000 residents (34%) between 2000 and 2012.
Source: Internal Revenue Service (# of people). Map created by Forbes. 5,600 figure based on 2000-2010 and includes taxpayers only.
October 25, 2013 | Reimagining Cities: Building Resiliency

5. Per Capita Income (Travis, %US)
130
120
110
100
103.67
1996
90
103.94
2011
80
1969
1971
1973
1975
1977
1979
1981
1983
1985
1987
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
70
Source: US Bureau of Economic Analysis
October 25, 2013 | Reimagining Cities: Building Resiliency

6. % Pop ≥ Associate’s Degree (Austin, 2012)
Asian
75%
White
65%
Black
23%
Hispanic/Latino
23%
0%
10%
20%
30%
70% of projected job openings (2013-2023) in Travis
County paying median wage of at least $18 per hour
will require a postsecondary credential or degree.
40%
50%
60%
Source: US Census Bureau (ACS). Data is for population age 25+. Job opening data from EMSI. Includes full-time only.
October 25, 2013 | Reimagining Cities: Building Resiliency
70%
80%

7. Average Monthly Earnings (Travis, 2012Q2)
Asian
$5,850
White
$5,387
Black
$3,371
Hispanic/Latino
$1,000
$3,272
$2,000
$3,000
Source: US Census Bureau (LEHD, QWI)
October 25, 2013 | Reimagining Cities: Building Resiliency
According to MIT’s Living Wage
Calculator, a family with one adult and one
child living in Travis County requires $3,390
in pre-tax monthly income to meet basic
needs.
$4,000
$5,000
$6,000
$7,000

8. Reimagining Austin
• Evaluate economic development efforts based
on wealth creation, not just traditional metrics
of jobs and private investment
• Austin Chamber and City of Austin are taking
steps in right direction—now comes difficult
work of implementation & experimentation
• Austin is uniquely positioned for exploring &
testing new policies and models
October 25, 2013 | Reimagining Cities: Building Resiliency

9. Brian Kelsey
Civic Analytics LLC
3420 Executive Center Drive
Suite 300
Austin, TX 78731
brian@civicanalytics.com
512-731-7851
http://civicanalytics.com
@civicanalytics
October 25, 2013 | Reimagining Cities: Building Resiliency