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Dallas, Texas
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  • Dallasxl » Economy of Dallas » Industries in Dallas

    Industries in Dallas

    Called as the Silicon Prairie, Dallas is among the country's largest employment centers for high technology. In addition, Dallas is known as a center for telecommunications manufacturing employment in the United States. The Telecom Corridor is an area in Richardson, Texas, north of Dallas. Its nickname is in recognition of the proliferation of telecommunications companies in a small section of the community. The area is a strip about three miles long on Highway 75, north of Interstate 635; Nortel, Ericsson, Alcatel, Southwestern Bell and other telecom companies call the area home. Real estate and tourism are other major Industries in Dallas.


    As Dallas grew and technology developed, cotton became its boon. By 1900, Dallas was the largest inland cotton market on Earth and led the world in cotton gin machinery manufacturing. By the early 1900s, Dallas was a hub for economic activity all over the Southwestern United States and was selected in 1914 as the seat of the Eleventh Federal Reserve District. By 1925, Texas churned out more than one-third of the nation's cotton crop, and 31% of Texas cotton was produced within a 100 mile radius of Dallas.



    In the 1930s, oil was discovered east of Dallas near Kilgore, Texas, and Dallas's proximity to the discovery put it at the center of the nation's oil market. Oil discoveries in the Permian Basin, the Panhandle, the Gulf Coast, and Oklahoma in the following years further solidified Dallas's position as the hub of the market as it was the geographic center of all 5 regions.

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    Economy of Dallas
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    Hotels in Dallas
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