Independent economic research group POLICOM ranked the Killeen-Temple-Ft. Hood area eighth (out of 366) in their 2013 Economic Strength Ranking. Last year, the Killeen area ranked 30th in that study. The study uses a broad approach in gauging an area’s long-term economic strength rather than ranking areas based on which ones had the best year. Several factors contributed to Killeen’s high ranking in the POLICOM study. The biggest is an area having rapid, consistent growth, other qualifications are the number of investors and a city/area’s credit rating.
What’s even more impressive than Killeen’s ranking in the study is the strength of the state of Texas’ economy. Even though Killeen is ranked eighth, when compared to other areas in Texas, it is ranked THIRD! The Killeen Area trails Austin-Round Rock (3rd)-San Marcos and San Antonio-New Braunfels (7th). The jump in ranking for the Killeen area is an excellent harbinger of things to come for the local area’s economy.