Business Retention & Expansion (BRE)
Conversation Results 2023 (Monthly)
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.
Overview
The monthly Business Retention and Expansion conversation trends and finds.
Tarrant County Areas by color representation.
January
01 / 05
1
Central
Total BRE Conversations: 25%
Talent (75%), Affordable Housing (25%), Homelessness (13%), DEI (13%)
2
North
Total BRE Conversations: 12%
Talent (75%), Supply Chain (50%), Economy (50%)
3
East
Total BRE Conversations: 12%
Supply Chain (50%), Talent (50%), DEI (25%), Transportation Cost (25%)
4
South
Total BRE Conversations: 25%
Talent (63%), Supply Chain (38%), Economy (38%)
5
West
Total BRE Conversations: 18%
Talent (100%), Homelessness (33%), Economy (33%)
Industry Breakdown
BRE Conversations breakdown by NAICS Codes.
Company Size
BRE companies separated by the number of full time employees.
February
01 / 05
1
Central
Total BRE Conversations: 12%
Talent (25%), Downtown (25%)
2
North
Total BRE Conversations: 28%
Talent (44%), Permitting (33%), Roads (11%), Broadband (11%)
3
East
Total BRE Conversations: 19%
Talent (71%), Traffic (14%), Economy (14%)
4
South
Total BRE Conversations: 22%
Talent (57%), Homelessness (28%), Affordable Housing (14%)
5
West
Total BRE Conversations: 19%
Homelessness (16%), Traffic (16%), Talent (16%)
Industry Breakdown
Company Size
March
01 / 05
1
Central
Total BRE Conversations: 28%
Talent 77%, Supply Chain 22% Downtown 11%
2
North
Total BRE Conversations: 28%
Traffic 88%, Talent 55%, Economy 44%
3
East
Total BRE Conversations: 4%
Homelessness 50%, Permitting 50%
4
South
Total BRE Conversations: 25%
Talent 75%, Economy 37% Supply Chain 25%
5
West
Total BRE Conversations: 12%
Homelessness 75%, Talent 75%, Insurance Cost 25%
Industry Breakdown
Company Size
First Quarter
Comparison from First Quarter 2022 to First Quarter 2023.
First quarter 2022 total: 89 conversations First quarter 2023 total: 95 conversations
Industry Breakdown
Company Size (Full Time Employees)
Companies with Talent as top concern (64 total)
Current Areas of Focus
Talent
April
01 / 05
1
Central
Total Conversations:17%
Top Challenges:
Talent 40%, Homelessness 20%, Supply Chain 20%
2
North
Total Conversations: 13%
Top Challenges:
Talent (60%), Homelessness (20%), Economy (20%)
3
East
Total Conversations: 26%
Top Challenges:
Talent 44%, Economy 33%, Homelessness 22%
4
South
Total Conversations: 30%
Top Challenges:
Economy 57%, Talent 28%, Profitability 28%
5
West
Total Conversations: 13%
Top Challenges:
Homelessness 66%, Talent 33%, Economy 33%
Industry Breakdown
Company Size
May
01 / 05
1
Central
Top Challenges:
Talent (100%), Economy (75%), Supply Chain (25%), Homelessness (25%)
2
North
Top Challenges:
Talent (87%), Economy (75%), Supply Chain (50%)
3
East
Top Challenges:
Talent (100%), Permitting (50%), Economy (50%)
4
South
Top Challenges:
Talent (70%), Economy (30%), Homelessness (30%)
5
West
Top Challenges:
Talent (100%), Homelessness (50%), Economy (33%), Permitting (33%)
Industry Breakdown
Company Size
June
Top Challenges Comparison
Top Challenges Geographically
01 / 05
1
Central (3%)
Talent 100%
2
North (6%)
- Economy 50%
- Talent 50%
- Regulatory Environment 50%
3
East (60%)
- Homelessness 55%
- Utilities 35%
- Traffic 30%
- Crime 30%
4
South (12%)
- Homelessness 100%
- Talent 50%
- Roads 25%
- Crime 25%
5
West (15%)
- Talent 100%
- Filling IT Jobs 40%
- Homelessness 20%
Industry Breakdown
Company Size
Second Quarter
July
Year to Date
Industry Breakdown
Divided out using the company's NAICS code.
Company Size
Number of Full Time Employees
