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Study finds that Texas is top state gaining business headquarters

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Study finds that Texas is top state gaining business headquarters


AUSTIN, Texas — A study looking at headquarter relocations in the U.S. found that Texas was the number one state business headquarters moved to in the past five years, with Austin being the top city on the list. 


What You Need To Know

  • In total, the study said Texas gained 209 business headquarters, with 66 of those moving to Austin, 32 to Dallas and 25 to Houston
  • The cities that lost the most headquarters included two California cities, San Francisco/San Jose at 79 and Los Angeles/Irvine at 50, and New York City, which lost 21 headquarters
  • Some of the key findings of the study were that it was an active five years in relocations, with 2021 having the most relocations at 137, and the technology industry saw the most movement, with the manufacturing industry following close behind

The study was done by CBRE, a global commercial real estate services and investment firm, to look at the trends in headquarter relocations and what the implications of those trends mean for businesses. It reviewed nearly 500 publicly announced relocations from 2018 to 2023. 

Some of the key findings of the study were that it was an active five years in relocations, with 2021 having the most relocations at 137, and the technology industry saw the most movement, with the manufacturing industry following close behind. 

It would then make sense why Austin came out on top because of its emergence as a tech hub, with the city being dubbed by some as the new Silicon Valley. 

“Austin has emerged as a global tech hub, offering cost and culture advantages,” the study said. “An HQ relocation from Silicon Valley to Austin typically saves 15% to 20% in tech employee wages. Austin also has a markedly lower cost of living than Silicon Valley (although not to the extent of other Texas cities).”

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One of the major relocations the study discussed was Elon Musk’s decision to move his Tesla’s headquarters to Austin back in 2021.

In total, the study said Texas gained 209 business headquarters, with 66 of those moving to Austin, 32 to Dallas and 25 to Houston.

“Today, 55 of the Fortune 500 companies are headquartered in Texas, the most of any state,” the study said. “Major firms like Oracle, HPE and Charles Schwab moved there after the pandemic began.”

Outside of Texas, Nashville and Denver rounded out the top five cities, with 21 and 11 headquarters added, respectively.

The cities that lost the most headquarters included two California cities, San Francisco/San Jose at 79 and Los Angeles/Irvine at 50, and New York City, which lost 21 headquarters. 

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The study found that the most common reason for businesses to move were tied to cutting costs, which made Texas a favorable place because of its lower taxes. Some other reasons the businesses mentioned included regulatory policies, crime, homelessness and other social factors.



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Austin, TX

Austin Animal Services Hosts Free Spay/Neuter Clinic

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Austin Animal Services Hosts Free Spay/Neuter Clinic


Austin Animal Services is hosting a free, high-quality, high-volume spay/neuter for cats and dogs now through March 2 in North Austin.

The five-day clinic, which is being held in partnership with Greater Good Charities, is taking place at 11580 Stonehollow Dr., Suite 160. Registration and drop-off begin on-site each day from 7:30-10 a.m. or until capacity is reached.

In addition to free spay/neuter surgeries, pets receiving surgery will also receive vaccinations, flea and tick prevention, and microchips, ensuring that they return home healthier and better protected.

Spaying and neutering is the most effective tool in preventing unplanned litters and reducing the number of stray and surrendered animals entering local shelters. Managing overpopulation helps individual owners and also strengthens community health by reducing roaming animals, easing shelter overcrowding, and decreasing long-term strain on animal welfare resources.

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This is the seventh free clinic the city has hosted since 2024. The previous six clinics provided spay/neuter services to more than 6,000 pets. The upcoming clinic is expected to complete approximately 1,200 surgeries in just five days. It is a significant investment in prevention that helps reduce future shelter intake and supports responsible pet ownership across Austin.

High-volume, high-quality spay/neuter clinics offered at no cost are rare, and many pet owners face procedure costs ranging from $75 to several hundred dollars, along with wait times that can stretch for weeks or months. This clinic removes those barriers by providing same-day services at no charge.

“This clinic is about prevention,” said Austin Animal Services Director Monica Dangler. “When we provide accessible spay and neuter services, we’re helping families care for their pets while also reducing strain on shelters like ours and improving safety across our community.”





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Austin, TX

Why is Austin so warm in February?

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Why is Austin so warm in February?


February is typically one of our cooler months in Austin, Texas.

In 2021, a series of ice storms and snow storms caused mass chaos and is a winter storm that Austinites will never forget. Now, instead of worrying about scraping ice off of our cars, we’re grabbing the swimsuits.

Austin is in the midst of one of the warmest February’s in the city’s history. This year’s January cold snap lingered around for Feb. 1, but since then, only two days have been slightly below average. Compare that with 20 days above average, with the rest of this month expected to have temps in the mid to upper 80s.

But how does this compare to our warmest February ever? We don’t have to go back too far to find the hottest February on record in 2017. The average high temp was 76.5 degrees with 12 out of the 28 days spent above 80 degrees.

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Other years in the top 5 were 1999, 1976, and 1957 with each year having numerous days above 80 degrees. So far, 2026 has ten. Plus, I’m forecasting 2 more 80 degree days. Should we hold onto this weather pattern, this will be in the top five hottest February’s of all-time.

Austin is in the midst of one of the warmest February’s in the city’s history. (Graphic: Michael Crowley)

For some, this heat may be just another day to grab the swimsuit or head outside and work up a sweat, but this has meteorologists sweating for different reasons. We are in a serious drought now.

The latest drought monitor released on Feb. 26, 2026 has 9 of the 13 counties in the CBS Austin viewing area in an “extreme drought,” which is the second worst category of drought conditions.

The latest drought monitor released on Feb. 26, 2026 has 9 of the 13 counties in the CBS Austin viewing area in an

The latest drought monitor released on Feb. 26, 2026 has 9 of the 13 counties in the CBS Austin viewing area in an “extreme drought,” which is the second worst category of drought conditions. (Graphic: Michael Crowley)

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In the past 190 days, two of those days have had rainfall over 1 inch. Our current streak of 123 days in a row with less than 1 inch in rainfall is one of the longest since 2000.

Combine the heat and the rainless days, and you get a flash drought. Opposite of a flash flood, hot temperatures rapidly dry out the soil and drought conditions can worsen quickly. With the dehydrated vegetation, dry air, and above average temperatures, you’re now looking at dangerous fire weather.

We’ve already had several fires reported across Central Texas in just the past week. The Nebo Mountain Fire in Gillespie County and the Cedar Gulch Fire in Burnet County. With this above average heat and below average precipitation, we are especially vulnerable.

But there is some good news.

The start of March looks to be starting off very warm, but our pattern looks to become a bit more active. Our long-term futurecasts look to be favoring more showers and storms possible for the first few weeks of March.

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Remember that we are also getting closer to our severe weather season. So while we do need the rain, we must remain safe in case we get locally high rainfall amounts in these thunderstorms and be mindful of tornadoes and damaging winds.

Hopefully we can see an improvement in this drought and heat, but history is made in different ways every year nowadays. Maybe it’ll be for the right reasons this time around.



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Austin, TX

Central Texas Cities Balance Data Center Proposals

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Central Texas Cities Balance Data Center Proposals


Cheers and sobs filled San Marcos City Hall early Wednesday as City Council voted 5-2 to deny a proposal for a nearly 200-acre data center campus on Francis Harris Lane. The project was pitched as a roughly $1.5 billion complex with five buildings, each designed for about 76 megawatts near the Hays Energy Power Station […]



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