D/FW rated tops in U.S. for corporate relocations, expansions
The Dallas/Fort Worth region has been recognized by Site Selection Magazine as America’s number-one market for new and expanded corporate facilities in 2004. A total of 277 companies (well over one-third of all Texas’ 2004 relocations/expansions) chose the region to expand and relocate in 2004, with a total investment of more than $3 billion.
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Local employment jumps 58,400; area economy on the way up
Strong employment data for Dallas/Fort Worth from the Texas Workforce Commission supports the growing confidence among local business leaders. The newly defined Dallas-Fort Worth-Arlington metro area gained 58,400 net new wage and salary jobs between January, 2004 and January, 2005.
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Regional cooperation brings companies, jobs, growth
Corporate America loves the Dallas-Fort Worth area. The D/FW Metroplex was the number one market for corporate relocations and expansions in 2004. DFW’s top rating among large U.S. metro areas points not only to the popularity of the region, but increased cooperation among our communities.
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Global trade for D/FW jumps to record $43.9 billion
Total global trade in the Metroplex increased by over $9 billion –a jump of 14 percent-- from 2003 to 2004, for a total of over $43.9 billion.
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Chamber backs proposed tech fund to hone competitive edge
The Chamber and its Technology Business Council (TBC) are supporting creation of the Emerging Technology Fund, a $300 million proposal in the Legislature to expand new technologies and recruit researchers to Texas.
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Employers face more young workers; Generations X & Y a majority
When it comes to America’s workforce, X and Y are now the majority. As of this year, Generation X and Generation Y together now make up a majority of the workforce---50.5 percent. As this trend continues, the shift away from old-fashioned workplace norms will accelerate. But many organizations aren’t adapting to the change.
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Improved tech education needed to build tomorrow’s workforce
A panel of local technology experts sees the need for an “out of the box” look at the curriculum and instruction in schools to develop the technological skills needed in the region’s workforce.
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Immigration issues being tackled by Ombudsman: D-FW businesses called to share stories of challenges
U.S. Department of Homeland Security Ombudsman for Citizenship and Immigration Services Prakash Khatri urged Dallas region businesses to share their challenges resulting from visa issuance during his recent visit with Chamber executives. The Chamber will be gathering examples from companies to send to the Ombudsman each quarter to support immigration reform and global competitiveness. Khatri’s office will be responsible for:
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Top economists to look at D/FW business recovery, outlook
Five leading economists and researchers from the region will take an in-depth look at where the economy is headed, what’s driving the recovery and how local business will be affected at the Chamber’s annual Economic Update program on Wednesday May 18th.
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Fore! Golf Classic on May 2 at Gleneagles Country Club
May 2 is the official date of the Chamber’s eleventh Annual Golf Classic. This yearly event will be held at Gleneagles Country Club in Plano. The 2005 tournament is presented by Noble Royalties, Inc.
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Business Alliance for Good Government Supports Good and open government for economic development and opposes changes to the Dallas City Charter
On March 30, 2005, the Business Alliance for Good Government offered public comment regarding the proposed changes to the City of Dallas' Charter. This is the first time all 10 groups have come together on one single issue and formed an alliance.
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