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Good weather for a growing city

An aerial view of downtown Dallas

TEXT OF STORY

Doug Krizner: Eight of the 10 fastest-growing metro areas in the U.S. are in the south. A new report from the Census Bureau finds the Dallas/Fort Worth area attracted the most newcomers between July 2006 and July 2007. John Dimsdale has more on the economics behind the growth.


John Dimsdale: Dallas, Atlanta, Phoenix and Houston all gained more than 100,000 people from 2006 to 2007.

Economics Professor Tom Fomby at Southern Methodist University in Dallas says the fastest-growing cities have good weather for outdoor construction. Cheap land also means these metro areas support many different work centers, rather than one central downtown.

Tom Fomby: Not all workers are going to one epicenter if you will, and therefore that gives rise to less congestion. This sprawling nature makes the commute time less for a lot of workers, and therefore it's a desirable place to have a workplace.

Fomby predicts favorable economies in southern and western cities will continue to attract migrants from the Northeast and Midwest, as long as water remains available.

The eighth-fastest growing city was New Orleans, with a 4 percent population increase. That's a rebound from the previous year, when New Orleans registered the highest rate of decline of any city in the country.

In Washington, I'm John Dimsdale for Marketplace.

About the author

As head of Marketplace’s Washington, D.C. bureau, John Dimsdale provides insightful commentary on the intersection of government and money for the entire Marketplace portfolio.

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