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
Friday, September 13, 2013 Houston, Texas Press Release
Gov. Perry Announces $3 Million Grant to Create Center for Cell and Organ Biotechnology
Thursday, September 12, 2013 Austin, Texas Press Release
Gov. Perry to Tout Texas’ Low Taxes in Maryland
Gov. Rick Perry will travel to Maryland September 18 to highlight Texas' commitment to keeping taxes low on hardworking families and businesses, allowing them to keep more of what they earn, and helping make Texas' economy a national example for job creation. Ahead of the governor's trip, a 60-second radio ad and 30-second TV ad begin running today in several markets. The ads showcase the opportunities and freedom available to families and businesses thanks to Texas' smart fiscal policies.
Tuesday, September 10, 2013 Fort Worth, Texas Press Release
Gov. Perry: Texas Home to First Smartphone Assembled in USA
Tuesday, September 10, 2013 Austin, Texas Press Release
In Case You Missed It: Texas Again Named Top State for Doing Business
Texas has been named the top state for doing business for the third year in a row by Area Development Magazine. With its proven model of success, the Lone Star State continues to dominate the national conversation on job creation and economic prosperity.
Monday, September 09, 2013 Edinburg, Texas Press Release
Gov. Perry Commemorates 10th Anniversary of Historic Lawsuit Reform