Translation Services in Austin – Economic Profile
The city of Austin with a metropolitan area population of about 1.6 million people is located centrally in the state of Texas on the Colorado River and is among the fastest growing cities in the United States.
The city’s economy is diverse and based on education, defense, high technology, retail, tourism as well as media productions.
Thanks to its dense concentration of high technology companies such as Dell, IBM, Freescale, Semiconductor, Apple Inc., Hewlett-Packard, Intel, Hoover’s, eBay, Cisco, Google, National Instruments, Sun Microsystems, Samsung, Silicon Laboratories, 3M Company, and many more, the city earned its nickname “Silicon Hills”. Austin is also home to the headquarters of Whole Foods, a major grocery corporation offering organic food. Besides large corporations, Austin is well-known for its abundance of private shops and businesses, which range from restaurants to clothing shops and art companies.
The city’s most important employers include the University of Texas, and the SETON Healthcare Network. In addition, Austin has become a popular location for the production of major motion pictures.
Austin offers visitors a vibrant cultural scene, with an active nightlife and numerous cultural events. The city plays host to major festivals such as the annual Austin City Limits Music Festival, South by Southwest Festival, and The Urban Music Festival, which attract countless national and international visitors each year.
In addition, major sites of interest include the Texas Memorial Museum, Blanton Museum of Art, Bob Bullock Texas State History Museum, and the Texas State Capitol.
Numerous prestigious colleges and universities make Austin a bustling college town. The city is home to University of Texas, Concordia University, St. Edwards University, Austin Community College, and Huston-Tillotson University.
The city has a diverse racial composition. About 10% of the population is African American, about 5% Asian, and about 31% Hispanic. In addition, there are significant communities of Native Americans and Pacific Islanders.
A diverse economy with focus on international business, tourism and arts, the presence of renowned institutions of higher education and a diverse racial composition have created a high demand for linguistic services in the city of Austin.