Posted on September 4, 2025
Job Growth Slows in August… But Opportunities Are Bubbling Up Regionally
Private-sector job growth cooled in August, with only 54,000 jobs added, falling short of economist expectations (~65,000) and significantly lower than July’s revised gain of 106,000.
Top sectors creating jobs in August:
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Leisure & hospitality led with +50,000 jobs
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Construction added +16,000
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Professional & business services contributed +15,000
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Information services added +7,000
Meanwhile, trade, manufacturing, finance, and healthcare saw declines.
Regional Highlights: Big Employers Betting on Texas & Beyond
Despite slower national job growth, major corporations are relocating and expanding in key cities—bringing thousands of high-paying roles and reshaping local economies:
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Scotiabank – Dallas: New U.S. hub with potential for 1,000+ six-figure jobs by 2026.
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John Paul Mitchell Systems – Dallas/Wilmer: HQ relocation + $12M global distribution center, creating 80 jobs.
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TTEC Holdings – Austin: Global HQ shift from Colorado, expanding CRM and tech hiring.
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PEAK6 Investments – Austin: HQ move from Chicago, boosting AI, e-commerce, and fintech presence.
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Skybox Datacenters – Austin metro: $125M data center project, part of a $4–5B campus investment.
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Dell Technologies – Round Rock: $25M HQ expansion with labs, offices, and workforce growth.
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Broader Trend in DFW: Goldman Sachs, JPMorgan, and Charles Schwab fueling a financial services boom.
What This Means for Commercial Real Estate & Appraisal
While these corporate moves signal job opportunities, they’re also about real estate demand. Headquarters relocations, data center builds, and office expansions all have ripple effects on the commercial property market:
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Office & Corporate Campuses: Appraisers will see increased demand for valuations tied to relocations, lease negotiations, and corporate build-outs.
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Industrial & Logistics: Distribution centers and data campuses require specialized appraisal expertise—an area where accurate valuations guide billion-dollar investment decisions.
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Market Confidence: Even with slower national job growth, regional surges reinforce the long-term strength of Texas and other high-growth metros, offering stability for lenders and investors.
Bottom Line
While August’s national job growth slowed, key markets like Dallas and Austin continue to see major corporate investments and development projects—fueling local commercial real estate momentum. For Lowery Property Advisors, this means an even greater need for precise, market-driven appraisals that help investors, lenders, and developers make informed decisions in these evolving markets.
Curious how these insights could impact the valuation of your next project? Call us today or contact us online to get started with the commercial appraisal firm you can trust.
