And there’s even more to it than both just being their state’s resources – they both have economic situations rooted in part from the tech market, both are signs of education and learning, and both have a company standing in art & society. Education Placed by Forbes publication in the number two position of leading education cities across the country, Madison has much to supply to its homeowners in regards to educational opportunities. Institutions in Austin consist of The College of Texas, Concordia University, Austin Community University, & St. The Economies of Austin and Madison Although Madison’s economy has been becoming much more reliant upon consumer solutions and technology in current times,Austin has actually long been considered as a hub for innovation-and all-the-while both cities are ending up being significantly associated with biotechnology. In fact, Austin is host to concerning 85 different companies within the biotechnology and pharmaceutical areas, placed by the Milken Institute making it the 12th most important biotech and life center in the US. Madison is host to a selection of music festivals in addition to a number of art galleries, while Austin holds the yearly Austin Movie Celebration along with many other social programs every year. That should serve as no surpise then that both cities are continuing to grow so rapidly in the method of industrial opportunities & populace.