SHOWING THE GADBERRY REPORT –These Katy Area Economic Development Council staffers proudly show the news release from the Gadberry Group research firm, which lists Katy, Texas, as the fastest growing area in the United States for 2010. They are Gerardo Pineda, director of research and information systems, and Shelby Gurley, administrative assistant, at the KAEDC’s General Assembly breakfast in January.
When the Gadberry Group announced in January that Katy, Texas, was the “most notable high-growth area in the United States” in 2010, that information didn’t fall on deaf ears.
The Gadberry Group is one of the most respected market data research firms in the nation.
“There isn’t a major retailer in the country that doesn’t know who we are,” said Keith Osborn, sales director for Gadberry.
Gadberry was formed in 2000 in Little Rock, Arkansas, to perform and sell market research to retailers throughout the nation. Then, in 2007, Gadberry started compiling residential information regarding high-growth areas, which also is of benefit to most retail firms.
“If a big retailer wants to know where to place its next store, this information is of great value to them,” Osborn said.
Gadberry takes a complete census of the United States every 90 days, Osborn said, while the U.S. Census Bureau takes its count every 10 years.
Osborn noted that the U.S. Census Bureau very likely won’t announce its overall census figures until this Summer, and, when it does, Osborn predicted that the Gadberry figures will be confirmed by the U.S. figures.
The U.S. Census figures for states , needed so that states can adjust new political districts, were announced last month, but the detailed U.S. census figures won’t be completed for a while, Osborn said.
Osborn noted that Katy has been in its Top 25 high growth areas in each of the past three years.
“We know that Texas is dominating U.S. growth, “ Osborn said, noting that three Dallas-Fort Worth suburbs –Haslet, Keller and Frisco—are second, third and sixth, respectively.
Osborn said , “ We know that growth in Fort Bend County, Katy and the Greater Houston area, continues to be amazing.”
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