Dallas
| Dallas () link | |
|---|---|
 | |
| City in Texas forever linked to the assassination of JFK in 1963. |
Dallas is a city in the U.S. state of Texas, and the main core of the largest metropolitan area in the Southern United States and the largest inland metropolitan area in the U.S. that lacks any navigable link to the sea. It is the most populous city in the Dallas–Fort Worth metroplex, the fourth-largest metropolitan area in the country at 7.5 million people.[1]
Economy
Dominant sectors of its diverse economy include defense, financial services, information technology, telecommunications, and transportation.[2]
In its beginnings, Dallas relied on farming, neighboring Fort Worth's Stockyards, and its prime location on Native American trade routes to sustain itself. Dallas' key to growth came in 1873 with the construction of multiple rail lines through the city. As Dallas grew and technology developed, cotton became its boon and by 1900, Dallas was the largest inland cotton market in the world, becoming a leader in cotton gin machinery manufacturing.
By the early 1900s, Dallas was a hub for economic activity all over the Southern United States and was selected in 1914 as the seat of the Eleventh Federal Reserve District. By 1925, Texas churned out more than ⅓ of the nation's cotton crop, with 31% of Texas cotton produced within a 100-mile (160 km) radius of Dallas. In the 1930s, petroleum was discovered east of Dallas, near Kilgore. Dallas' proximity to the discovery put it immediately at the center of the nation's petroleum market. [3]
The end of World War II left Dallas seeded with a nexus of communications, engineering, and production talent by companies such as Collins Radio Corporation. Decades later, the telecommunications and information revolutions still drive a large portion of the local economy. The city is sometimes referred to as the heart of "Silicon Prairie" because of a high concentration of telecommunications companies in the region, the epicenter of which lies along the Telecom Corridor in Richardson, a northern suburb of Dallas. The Telecom Corridor is home to more than 5,700 companies including Texas Instruments (headquartered in Dallas), Nortel Networks, Alcatel Lucent, AT&T, Ericsson, Fujitsu, Nokia, Rockwell Collins, Cisco Systems, T-Mobile, Verizon Communications, and CompUSA (which is now headquartered in Miami, Florida).[4] Texas Instruments, a major manufacturer, employs 10,400 people at its corporate headquarters and chip plants in Dallas.[5]
Dallas Petroleum Club
Founded in 1934, The Dallas Petroleum Club "has evolved from a fraternity of prominent oil men into one of the finest private city clubs in the country. Its members, who include oil and gas executives in the industry, business, finance, education, government, medicine, and the arts, cherish the club because of the personal attention and exceptional service they receive once they enter its quarter."[6]
References
- ↑ https://archive.today/20200213004937/https://factfinder.census.gov/bkmk/table/1.0/en/PEP/2018/PEPANNCHG.US24PR
- ↑ http://www.city-data.com/us-cities/The-South/Dallas-Economy.html
- ↑ Payne, Darwin (1982). "Chapter VII: The Emergence of "Big D"". Dallas, an illustrated history. Woodland Hills, California: Windsor Publications. pp. 189–221.
- ↑ Telecom Corridor website. Retrieved February 21, 2006.
- ↑ Texas Instruments – Fact Sheet. Retrieved October 1, 2006.
- ↑ https://www.dallaspetroleumclub.com/about
Wikipedia is not affiliated with Wikispooks. Original page source here