What the data says about our markets.
Population, job growth, and notable development activity for the eleven markets we track, pulled from the U.S. Census Bureau, the Bureau of Labor Statistics, and named local reporting. We refresh this periodically and we are not going to smooth over a market where the numbers pull in different directions, like Indianapolis and Idaho Falls below, where population is growing and employment is not.
Where people and jobs are moving together, and where they are not.
Every metro below, plotted on the two signals we weight most. Points above the dashed line are adding jobs at least as fast as people; points in the shaded band are adding people while losing jobs. Hover or tap any point for the detail.
Orlando, FL
Orlando, Kissimmee, Sanford MSA
Full Orlando market breakdown →
Kratos Defense proposed a $67 million manufacturing expansion in May 2026, roughly 100 jobs, with the city weighing an incentive package.
Source: U.S. Census Bureau Vintage 2025 estimates, March 2026; BLS metro employment, Sept 2026.
NW Arkansas
Fayetteville, Springdale, Rogers MSA
Full Northwest Arkansas market breakdown →
Ranked 9th nationally for percentage population growth. The Visionaries, a 400,000 square foot office and parking development in Rogers, opened July 2026 with Nestlé, Anheuser Busch, and SPS Commerce as tenants.
Source: U.S. Census Bureau Vintage 2025 estimates, March 2026; BLS metro employment, Sept 2026.
Kansas City, MO
Kansas City, MO, KS MSA
Full Kansas City market breakdown →
The Chiefs and the Kansas governor announced a $3.3 billion stadium and training complex plan for Wyandotte County in December 2025.
Source: Census Bureau estimates via FRED; BLS metro employment, Sept 2026.
Indianapolis, IN
Indianapolis, Carmel, Greenwood MSA
Full Indianapolis market breakdown →
Population is still growing, but the metro shed roughly 13,800 jobs over the year to July 2026. We are not going to round that off. Manufacturing capital commitments continue alongside the headcount decline, a tension worth underwriting carefully rather than explaining away.
Source: Census Bureau estimates via FRED; BLS Indianapolis Area Economic Summary, Sept 2026.
Dallas–Fort Worth, TX
Dallas, Fort Worth, Arlington MSA
Full Dallas–Fort Worth market breakdown →
Ranked 2nd nationally for numeric population growth. Recent relocations and expansions include Novartis’s first Texas facility in Denton, an MP Materials rare earth magnet campus in Northlake, and Public Storage’s headquarters move to Frisco.
Source: U.S. Census Bureau Vintage 2025 estimates, March 2026; BLS metro employment, Sept 2026.
Provo–Lehi, UT
Provo, Orem, Lehi MSA
Full Provo–Lehi market breakdown →
The most recent metro population figure we could verify is the July 2024 vintage; we have not seen a confirmed July 2025 update and are not going to state one. Data center rezoning has been contested across Utah County through 2026, with proposals both approved and rejected.
Source: U.S. Census Bureau, March 2025; BLS Provo Area Economic Summary, Aug 2026.
Raleigh, NC
Raleigh, Cary MSA
Full Raleigh market breakdown →
Ranked 10th nationally for percentage population growth. NCDOT is building the S-Line passenger rail corridor through Wake County, backed by a $1.09 billion federal grant, with active grade separation work extending into Wake Forest.
Source: U.S. Census Bureau Vintage 2025 estimates, March 2026; BLS metro employment, Sept 2026.
Idaho Falls, ID
Idaho Falls MSA
Full Idaho Falls market breakdown →
Population grew while employment fell roughly 1,500 jobs over the year to July 2026, a gap we flag rather than smooth over. Idaho National Laboratory was selected to lead a multistate nuclear energy tech hub in July 2026, backed by a $31 million federal grant plus $9 million in matching funds.
Source: Idaho Department of Labor, March 2026; BLS metro employment, Sept 2026.
Liberty, MO (Kansas City, MO, KS MSA)
Clay County, part of the Kansas City MSA
No city level employment series exists for Liberty; job growth tracks the Kansas City metro above. Metrobloks broke ground on a $1.4 billion, three building AI data center in March 2026, backed by $202.7 million in tax abatements over 25 years and roughly 30 direct jobs.
Source: U.S. Census Bureau QuickFacts.
Rogers, AR
Benton County, part of the NW Arkansas MSA
No city level employment series exists for Rogers; job growth tracks the NW Arkansas metro above. The Visionaries office development sits within city limits.
Source: U.S. Census Bureau QuickFacts.
Wake Forest, NC
Wake County, part of the Raleigh MSA
The fastest population growth rate of any market on this page. No city level employment series exists for Wake Forest; job growth tracks the Raleigh metro above. S-Line grade separation and utility work is underway on Rogers Road within town limits.
Source: U.S. Census Bureau QuickFacts.
Figures reflect the most recent vintage available from each source as of September 2026 and will drift as new releases come out. This page is a reference, not investment advice, and nothing here is an offer to sell or a solicitation to buy any security.