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Fort Worth - Strategies Print E-mail

Aggressive, forward-thinking actions and modern amenities make Fort Worth an ideal place for business prosperity. Companies of all sizes are targeted, recruited, encouraged, and retained. And economic diversity – rather than dependency on one or two industries – has been a key strength in times of economic downturn. The existence of true partnerships between the city, county, neighborhood associations, businesses, chambers of commerce, and school districts is the envy of cities across the nation. As part of the Dallas / Fort Worth Metroplex, the city values teamwork and collaboration. Fort Worth’s regional approach can be seen in its national and international marketing efforts, transportation initiatives, and political advocacy. Finally, the pioneering spirit of Fort Worth’s community leaders allows for a healthy level of risk-taking and innovation.

 

In an effort to create a strong business environment, Fort Worth is working to develop its ever-increasing labor force. According to the North Central Texas Council of Governments, Fort Worth’s population grew 4 percent annually from 2000 to 2007, the highest growth rate among Texas’ 10 largest cities. A Delta Associates study of business cycles concluded that Fort Worth-Dallas was one of three sun-belt communities that would likely lead the nation in job growth during the next expansion. 

 

The Naval Air Station / Joint Reserve Base in west Fort Worth was the first "joint services" base after a round of base closures in the early 1990s and has been a resounding success. The base employs over 11,000 people- 2,100 active-duty military members, over 7,000 Reserve and Guard jobs, and 1,800 civilians. Dozens of units are based there, from the Navy, Air Force, Marine Corps and Army Reserves and the Texas Air National Guard. The base, instrumental in deploying reservists to the Iraq War, has a $1.5 billion impact on the Fort Worth economy.