Economists studying the dramatic growth of new business activity found that the proportion of Black residents in a ZIP code had the greatest impact on the rate of increase and that business formation coincided with the stimulus payments.
After COVID-19 lockdowns and stay-at-home mandates, anywhere with fast broadband became a viable place to call home. But for Houston natives Alex Jimenez and Hayley McSwain, the choice was to move—and keep moving.
Houston, a quintessentially free-enterprise, anti-government city, is increasingly recognizing the critical role of government in strengthening the safety net, expanding opportunity and building resiliency, according to the Kinder Houston Area Surveys.
In 1966, a lawyer named Herb Kelleher met one of his clients, a pilot and investment banker named Rollin King, for a drink in a San Antonio hotel bar. Both were entrepreneurs looking for new opportunities, and they discussed starting an airline to serve an in-state. The legend is that King drew a triangle on a cocktail napkin, showing how the new airline would connect the major markets in Texas.
The Texas Triangle—the urban megaregion consisting of the Dallas-Fort Worth, Houston, San Antonio, and Austin metropolitan areas—stands out as a distinctive model among America’s large urban megaregions.