Texas has cultivated a business climate second to none, earning honors from national news outlets like Forbes and MSNBC for economic strength and business-friendly policies. More importantly, Texas has been consistently attracting employers seeking a better place to start or expand their businesses.
The Lone Star State's combination of low taxes, reasonable and predictable regulatory structure and fair court system provides a stable base upon which to build the Texas economy, while the state's diverse and hard-working workforce is prepared to meet any need an employer can present.
At Gov. Perry's urging, the Legislature has established and consistently funded two additional tools to attract and create Texas jobs - the Texas Enterprise Fund (TEF) and Emerging Technology Fund (ETF). The TEF functions as a "deal closing" fund, enabling Texas to compete directly with incentives offered elsewhere in the country, its investments tied directly to job creation. Meanwhile, the ETF helps early-stage tech companies grow their ideas from the laboratory into the marketplace, in the process helping keep Texas at the forefront of new technologies.
» Gov. Perry signed legislation for Lawsuit Reform, with components of Loser Pays (HB 274), which strengthens the jobs-friendly climate here in Texas.
» Texas continues to buck the national unemployment trend, by adding 262,000 jobs from June 2009 to 2011. (USA Today)
» Texas moved past New York over the past decade to become the nation's second-largest economy. (USA Today - June 2011)
» Texas dominate’s Kiplinger’s Cities with the Lowest Cost of Living list in 2011. (Kiplinger)
» The Lone Star Jobs Surge: The Texas model added 37% of all net U.S. jobs since the recovery began. (Wall Street Journal - June 2011)
News & Announcements
Thursday, September 18, 2014 College Station, Texas Press Release
Gov. Perry Helps Dedicate Pandemic Influenza Vaccine Facility
Tuesday, September 09, 2014 Austin, Texas Press Release
Gov. Perry Promotes Texas’ World-Class Business Climate in Beijing
Monday, September 08, 2014 Tokyo, Japan Press Release
Gov. Perry Promotes Stronger Economic Ties between Texas and Japan
Friday, September 05, 2014 Austin, Texas Press Release
Gov. Perry to Lead Economic Development Delegation in Asia
Gov. Rick Perry departs tomorrow for a one week economic development trip to Japan and China. While in Asia, the governor will work to expand economic opportunities for Texas starting with a speech on Monday to the American Chamber of Commerce in Japan. He will then lead an economic development delegation of state and business leaders to Beijing, and on Friday take part in a panel discussion on global economic issues at the World Economic Forum in Tianjin, China.
Tuesday, August 26, 2014 Midland, Texas Press Release
Gov. Perry Helps Break Ground on Occidental Petroleum Complex in Midland