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Texas Overview

State Highlights


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50 Fortune 500 Companies call TX Home Texas is the Leading Destination for out-of-state company relocations 9th Largest Economy in the World (if Texas were a country) #1 Jobs Creator in the Nation - 342,800 jobs added in 2019 #1 State in America to start a business Top State for job growth - 14M Workers #1 in the nation for foreign trade zone activity (imports & exports) Recession Proof - ranked among top rec. proof states in America The Second-Largest State Economy in the Nation #1 State for business climate Awarded the Site Selection Governor's Cup for the 8th year in a row Best State for business 15th year in a row Named "State of the Year" in 2019 Named the #1 corporate move destination for the 6th year in a row Texas is the 4th-largest producer of oil in the world (29 refineries, $5.7 million barrels per day, accounting for 31% of the nation's refining capacity Home to the largest petrochemical cluster in the world with 75,000 workers Home to 2.8M small businesses employing 4.8M employees Manufacturing leader - accounts for 10% total manufacturing in US 37 public universities & 8 Tier-One research universities Top State for Population Growth for 13th Straight Year Ranked #1 state for competitive labor environment Texas is a leading state for biotech, engineering, and electrical engineering doctorates Quote: “Thanks to our unrivaled workforce and our commitment to economic freedom, Texas continues to shine as America’s center for job creation, innovation, and economic development,” Gov. Abbott said.

The United States – Land of Retail Opportunity




State Highlights

Texas
Arizona

City Highlights

Houston
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