Dallas – Market Analysis


Dallas is a major city in Texas and along with Fort Worth, is one of the two urban centers of a metropolitan area that ranks fourth in the United States.
 
 The city’s prominence arose from its historical importance as a center for the oil and cotton industries, and its position along numerous railroad lines.
 

 According to the 2010 United States Census, the city had a population of 1,197,816. The United States Census Bureau’s estimate for the city’s population increased to 1,241,162 as of 2012.
 
 The city is the largest economic center of the 12-county Dallas–Fort Worth–Arlington metropolitan area, which had a population of 6,810,913 as of July 1, 2013.
 
 The metropolitan economy is the sixth largest in the United States, with a 2012 real GDP of $420.34 billion. In 2013 the metropolitan area led the nation with the largest year-over-year increase in employment, and advanced to become the fourth-largest employment center in the nation (behind New York City, Los Angeles and Chicago) with more than three million non-farm jobs.
 Dallas is also ranked 14th in world rankings of GDP by the Organisation for Economic Co-operation and Development.
 
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