Annual economic activity
Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most populous city in the United States, the fourth-most-populous city in Texas, and the second-most-populous state capital city (after Phoenix, Arizona). It has been one of the fastest growing large cities in the United States since 2010. Austin is the southernmost state capital in the contiguous United States and is considered a "Beta −" global city as categorized by the Globalization and World Cities Research Network
Emerging from a strong economic focus on government and education, since the 1990s Austin has become a center for technology and business. A number of Fortune 500 companies have headquarters or regional offices in Austin, including 3M, Advanced Micro Devices (AMD), Amazon, Apple, Facebook, NXP semiconductors, Google, IBM, Intel, Oracle, Texas Instruments, and Whole Foods Market. Dell's worldwide headquarters is located in the nearby suburb of Round Rock. With regard to education, Austin is the home of the University of Texas at Austin, which is one of the largest universities in the U.S. and is attended by over 50,000 students.