It's pretty to look at it but it wouldn't be called an economic powerhouse. 

This, combined with investors’ ravenous appetite for bonds, has pushed the yields of more than $10tn of sovereign debt into negative territory.This is costing investors billions of dollars and forcing many to buy increasingly longer-dated or more lowly rated bonds that still offer positive yields — and has sparked concerns that investors could be exposed to painful losses if yields, which move inversely to prices, snap back up.In a tweet on Thursday Mr Gross, the founder of bond powerhouse Pimco and now a fund manager at Janus, said: “Global yields lowest in 500 years of recorded history….

Markets. (3)In this one hundred and seven page report, Austin landed in the number one spot for Overall Real Estate Prospects and number six in Homebuilding Prospects.Texas Economic OutlookTexas has been a powerhouse for the U.S. economy producing 9% of it’s GDP, 10% of manufactured goods, is the #1 producer of oil & natural gas, and Texas accounts for 20% of U.S. exports.Texas saw steady growth for 137 months until COVID-19 caused a decline in the economy.With weekly unemployment claims peaking at over 300,000 and a total 3.8 million jobless claims between March 15 to Nov 14, Texas was in unchartered territory.(2)The two most recent economic downturns in Texas — Hurricane Harvey 2017 and 2008 Great Recession — peaked at a fifth of that number with 60,000 claims.There are positive, rebound type numbers indicating a comeback — like Jobless claims declining to 6.9 percent in October, with a forecasted unemployment decline to 5.6 percent for 2020. (2)The most important indicator economist reference when identifying a true recovery is manufacturing output, which is just beginning to recover after steep declines in second quarter. (1)So Are We in a Recession?

As a big plus we have area economic "power-houses", that is say an area with a concentration of industry centric leaders with massive area investment to a level that relocation would be all but impossible.

Indeed it is an economic powerhouse. 

I can’t post the link here but it you search for “Developing a Powerhouse Partnership in Real Estate Investing” on YouTube then you should be able to find it.

My wife is currently a multifamily property manager powerhouse, overseeing roughly 300 units, and is the most successful community manager in her company.

Grant Cardon’s real estate book is also a powerhouse of knowledge 

With all the development and additional tax revenue from the added units perhaps their bond rating will improve so that they can easily fund the needed capital improvements to make them into a real estate power house as good as Brooklyn.  

A small time wholesaler or that big Houston powerhouses ?