Fitting strategies for layout text elements and legends

[JeffThomasILM]

It would be great if rectangle (and polygon, circle, ellipse) layout text elements had fitting strategies like map labels. Legends already have some control for columns and text size. The idea is for all these elements to have additional fitting strategies like abbreviations and font width compression. This would help tremendously with ensuring layouts work for all pages of a map series with dynamic text of varying lengths.

This idea would help with fitting text in a single element, but a closely related idea of mine would help prevent overlap or clipping between multiple layout elements in a layout used for map series:

Intelligent grouping (flow) for layout elements

[JeffBarrette]

The layout team is currently considering part of this idea.  Particularly the idea of adjusting font size with a minimum threshold.  

[AubriKinghorn]

Fitting strategies are available for rectangle text elements in ArcGIS Pro 3.3. 

[wayfaringrob]

@AubriKinghorn  3.3.1, not working. If I double click and click out, it fixes itself, but comes back when I change to a different page of my map series or refresh the layout.

Field values have some carriage returns, and this is in a map series, not sure if either of those are the issue. But I'm not sure I'd mark this 'implemented' until it actually works.