The Dallas area suffered an economic downturn in the 1980s, but it rebounded in the 1990s, posting the strongest employment growth in the state in 1994. The city has a diversified economic base. Service industries, including trade, make up the city's most important economic sector, followed by manufacturing. Dallas remains an important distribution, financial, and insurance center of the Southwest. It is the site of a district Federal Reserve bank and the headquarters of a number of federal regional offices and large insurance and oil companies. Among the area's most important manufactures are technology-related products, including computers, biomedical products, and electronics. Dallas has the largest concentration of trade facilities in the South and Southwest. Its location in the north central part of the state and its dense network of railroads and highways enable it to serve as the shipping center for the agricultural and mineral products of the surrounding region, including cotton, cereals, livestock, fruit, petroleum, and natural gas.
The passage of the North American Free Trade Agreement (NAFTA) in 1994 was expected to bring increased trade with Mexico. Scheduled air service is through two airports, including the Dallas-Fort Worth International Airport, which is one of the busiest in the United States.Microsoft® Encarta® Online Encyclopedia 2001
http://encarta.msn.com © 1997-2001 Microsoft Corporation. All rights reserved. Dallas Information info
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