Austin’s food sector has a $4.1 billion economic impact annually and supports more than 43,000 jobs in the metro area according to a recent report presented to the Austin City Council on March 28th. Based on a similar report conducted by the City in 2012, those numbers almost match the amount of money and jobs that all the creative sectors support combined. The report also notes that despite Austin’s bounty, many of our neighbors struggle with hunger and/or health issues related to nutrition.
The first-of-its-kind economic impact analysis on Austin’s food sector looked at 20 different classes of business establishments from agriculture, food processing/manufacturing, food distribution, and retail food/eating and drinking places, to determine their impact annually on the economy. The report focuses on activities that bring new money to Austin or allows residents to be able to buy more products locally.
Some key findings highlight Austin’s creative and entrepreneurial spirit present in the food scene – from locally-made products, to farms, trailers and restaurants.The report also notes that despite Austin’s bounty, many of our neighbors struggle with hunger and/or health issues related to nutrition. You can read all the findings and recommendations from the Austin City Council Report at: http://austintexas.gov/department/economic-growth.
Weigh in on the important factors when discussing Austin's food sector by speaking up now!