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
Monday, November 08, 2004 Press Release
Perry Announces Nationwide Campaign to Attract Businesses to Texas
SAN ANTONIO – Today Gov. Rick Perry announced a nationwide advertising campaign to promote Texas as a leading business destination in a speech to CoreNet Global, an association of over 7,500 corporate real estate executives, service providers and economic developers based on 5 continents.
Friday, November 05, 2004 Speech
Gov. Rick Perry's Remarks At Core Net
Monday, November 01, 2004 Press Release
Texas Named Top State in the Nation to Do Business
AUSTIN – Site Selection Magazine, the world’s foremost publication for business expansion and relocation, has named Texas the top state in the nation to do business. In its annual ranking of state business climates, Site Selection Magazine ranked Texas first, surging ahead of three-year leader North Carolina, as the top business climate in the country.
Wednesday, October 27, 2004 Speech
Gov. Rick Perry's Remarks Regarding Huntsman Expansion
Tuesday, October 26, 2004 Press Release
Gov. Perry Announces Lee Container to Expand in Nacogdoches