Dallas is the commercial area in North Central Texas. Dallas was ranked "A Top Business Location" in the Country by Forbes magazine.Of the top ten employers in the North Central Texas Region in the year 2004, six are located in Dallas: American Airlines/AMR, DFW Airport, Texas Instruments, Parkland Memorial Hospital, UT Southwestern Medical Center, Baylor University Medical Center, and Compucom Campus.
Dallas is the second largest city in Texas and is one of the fastest-growing areas in North Texas. First-rate hi-tech companies have made their home in the Dallas/Fort Worth Metroplex. The “Silicon Prairie” stands as one of the largest high-tech employment centers in the nation, employing between 200,000 and 250,000 workers. Six of the country’s twenty largest telecommunication service companies are also located here.
Sprint Business Survey called Dallas the most productive area in the U.S., with particular emphasis on the fast-growing industries in technology, communications, professional services, banking, and financial services; and Fortune Magazine named Dallas the best city in North America for business.
Dallas is a major transportation and distribution center. The largest concentration of trade facilities in the Southwest are found here. Shipments of agricultural and mineral products pass through Dallas via trucks or railroads, transporting products such as natural gas, petroleum, livestock, cereals, cotton, and fruit. In addition, the Dallas-Fort Worth International is one of the busiest airports in the United States.
Dallas is a city with a diverse and culturally rich population. The entertainment industry, arts and museums, universities and medical centers draw professionals, artisans, tmyists, and businessmen from all walks of life. There are lively student-oriented neighborhoods located near downtown university areas; areas with historic homes and stately tree-lined streets; hip condos and townhouses for young professionals, quiet mid-income residential neighborhoods with excellent schools and services.
Diversity is also an important element in a thriving economy. Technology-related products, computers, biomedical products, and electronics rank high in manufactures. Service industries, including trade, hold a key position in the area’s economic productivity. Dallas is an important financial and insurance center in the Southwest. It is the site of a district Federal Reserve Bank, and the headquarters of many federal regional offices, large insurance companies, and oil companies.