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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.
Action Items
» 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
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Monday, September 22, 2003 • Speech
Economic and Development Summit
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Monday, September 22, 2003 • Speech
Gov. Rick Perry Speaks at Tourism Reception
I appreciate each of you joining us today as we discuss the economic opportunities that can build a better Texas. And I am grateful for what you do to make tourism the 3rd largest industry in Texas. -
Tuesday, September 16, 2003 • Press Release
Gov. Perry, EchoStar Announce Creation of 1,000 Jobs in Rio Grande Valley
HARLINGEN - Saying “things are looking brighter” for the Texas economy, Gov. Rick Perry today announced the creation of 1,000 new jobs in Harlingen as EchoStar Communications Corporation opened a new customer service center. -
Monday, September 15, 2003 • Speech
Gov. Rick Perry's Remarks Regarding the La Quinta Container Terminal Expansion
Thank you Representative Seaman…it is good to be with you and the former representative from Portland, Judy Hawley. I am honored to be with so many city, county and port officials from the Coastal Bend, as well as representatives of Gulf Compress -
Monday, September 15, 2003 • Speech
EchoStar
With all the bad news that we have heard in recent years about our national economy, it is encouraging to know that things are looking brighter for border Texans because as many as 1,000 new jobs are coming to Harlingen.