Austin Turnaround

Austin's economy has spiked and tumbled, and now it's poised for a healthy turnaround. The Austin metropolitan area is predicted to add jobs at the second-fastest pace in the country over the next five years, according to a new study by Boston-based Torto Wheaton Research. Meanwhile, another research firm predicts Austin will add jobs at more than double the national rate.

Austin is ranked behind Las Vegas, which claims the No. 1 spot, and ahead of three Florida cities that round out the top five -- Orlando, West Palm Beach and Fort Lauderdale, according to Torto Wheaton. The CB Richard Ellis Inc. subsidiary supplies data and forecasts on the commercial real estate industry.

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