37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
1 Oct 2022
News
As the nation began to emerge from the COVID-19 pandemic in 2022, companies were still faced with a multitude of challenges. Supply chain bottlenecks and labor shortages persisted. And as the Federal Reserve attempted to rein in rising prices — with inflation peaking at 9.1 percent in June 2022 — the economy slowed down and worries surfaced about an impending recession.
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The Royse City, TX Community
Royse City is home to a growing number of young professionals and families. The average age within the city is 32 years old, and the educational attainment is higher than the national average. This has led to a population that is active, educated, and earns around $90,000 per year - far more than the national average. With 15,000 new homes in some stage of development, the city’s growth is expected to continue for some time. As it does, investments are being made in parks and recreation and the local school district.