According to a study released this week by the POLICOM Corporation, the Austin Metropolitan Statistical Area (MSA) ranks 11th strongest economy out of the 366 largest MSAs in America reviewed.  While many cities are in a state of decline, the Austin area proves yet again to remain resilient.

“The top rated areas have had rapid, consistent growth in both size and quality for an extended period of time,” said William H. Fruth, President of POLICOM.

The study analyzed 23 economic factors over a 20 year period to create the rankings to study how each city’s economy performed over a long period of time rather than measuring current hot spots or popular locations.

Because of Austin’s economic strength, the real estate market continues to be highly rated compared to other MSAs.

CC Licensed image courtesy of visualistimages via Flickr.com.

Tags: austin economy, austin real estate