The DFW job market has been thriving lately, which was only further confirmed by a recent report from national payroll service company Paychex. According to their figures, Dallas has overtaken Atlanta as being the best metro area for small businesses, which is hardly surprising to those of us already living throughout North Texas.
As noted by the Dallas Morning News, small businesses operating in the Dallas area are better suited to handle economic ups and downs, which largely contributed to Dallas’ top-ranking overall.
To help determine rankings, Paychex partners with IHS to calculate payroll information for about 350,000 businesses with fewer than 50 employees all across the U.S. and will then give each metro area an index number based on the data.
Most recently, Dallas’ index number was recorded at 102.93, while Atlanta’s index number dropped to 102.34. Listed just below Dallas and Atlanta were the cities of Seattle, Washington D.C., Baltimore, San Diego, Miami, Philadelphia, Detroit, and Phoenix to round out the top 10.