Business Retention & Expansion (BRE)

Conversation Results 2022 (Scroll) (501 companies; 430 in Fort Worth)

The information presented here was gathered from conversations with local companies; the opinions expressed by those companies do not reflect the opinions of the Fort Worth Chamber, its affiliates, or employees.


Why Business Retention and Expansion?


Business Trends in Tarrant County (and beyond)

Fort Worth overall interviews are represented by a color gradient. The deeper the color, the more conversations were held.

The top business climate challenges were Talent (73%)*, Supply Chain (21%), Permitting (19%), and Economy (18%).

In a color-gradient representation, the deeper the color, the more frequent the occurrence of the challenge.

In a color-gradient representation, the deeper the color, the more frequent the occurrence of the challenge.


Top 3 Challenges Geographically

Challenges by Company Size

Challenges by company size (full time employees).


Industry Breakdown

BRE conversations for 2022 divided out by NAICS code.


Company Size

BRE companies separated by the number of full time employees.


Potential Expansions for Follow-up

75 companies indicated that they were planning to expand through 2024.


Top Talent Concerns

Fort Worth ISD High School students ready for Mock Interviews.

Hardest positions to fill: IT/Tech

Biggest skills gap concern: Soft skills (also known as Human Skills)


Top Reasons for doing Business in Fort Worth

Approximately 50% of the BRE conversations also asked for ranking specific predesignated business climate topics (ie federal legislation, talent, regulatory environment, etc.).

The areas that were ranked well by respondents are:


Identified as Key Areas for Improvement

Approximately 50% of the BRE conversations also asked for ranking specific predesignated business climate topics (ie federal legislation, talent, regulatory environment, etc.).

The three areas that were ranked as poor by more than 20% of respondents are:


Outcomes

9 assists in Fort Worth Expansions that resulted in 807 new jobs.

Expansions Map 2022


Outliers


Ongoing from 2022

Challenges by company size (full time employees).

BRE conversations for 2022 divided out by NAICS code.

BRE companies separated by the number of full time employees.

Fort Worth ISD High School students ready for Mock Interviews.