New estimates show Texas has 8 of the nation's 15 fastest-growing cities. And according to the U.S. Census Bureau, Austin is now the 11th largest city in the nation. But this growth is coming with a warning.
The population boom is putting a squeeze on the local infrastructure, according to Bill Hammond, who leads the Texas Association of Business.
Hammond says his group this fall will urge voters to approve the new water plan drafted by state lawmakers.
"The voters will have to vote to support setting up the fund to receive the money from the rainy day fund, and will be working hard to make sure that happens," said Hammond.
While that will address the needs exposed by the drought, problems still persist with transportation gridlock and with an electrical power grid that remains vulnerable to rolling blackouts. Not correcting that Hammond says will put the state at an industry recruiting disadvantage.
"We are seeing already that in terms of water and roads other states are using it against us," said Hammond.
The population boom is not limited to Austin. In the metro area San Marcos led the way with a nearly 5 percent population increase. Cedar Park, Leander and Georgetown also are among the fastest-growing in the country.