» more from Business

Austin, Texas

The city that calls itself the “live music capital of the world” is also a great place to shop, thanks to its economic expansion and selection of stores, according to Tobe Report.

Austin is booming — the metro area has a projected GDP growth rate of 6 percent a year through 2016, according to Moody’s Analytics, double the rate forecast for the U.S. Employment is also expected to grow twice as fast as in the entire U.S., at about 3.5 percent a year. Apple alone is expected to create more than 3,600 jobs when it opens its new operations center.

Austin, which prides itself in being “weird,” has a shop for everyone — from big luxury stores like Saks Fifth Avenue and Nordstrom to smaller specialty stores. In fact, Tobe Report associate editor Rebecca McKinney says Austin “really nurtures small businesses and boutiques.”

Check out:

Stores of note include By George, which carries high-end labels; Kick Pleat, which has great “under-the-radar” names and established labels; Eliza Page, which sells local and independent jewelry; and specialty denim shop Hem Jeans.

If Texas tradition is what you’re looking for, head to Allens Boots in the hip SoCo area and check out its selection of Western wear.

Source: Tobe Report | AustinTexas.org| Moody’s Analytics | Office of Texas Gov. Rick Perry|| Photo: Anne Rippy | Getty Images