Economic Development

Graphic: Best And Worst Cities For Jobs 2014

07/23/14
Forbes
Kurt Badenhausen
The Florida economy was hammered during the financial crisis as tourism slowed, real estate prices plummeted and jobs disappeared, but the state has crawled back and continues to see heavy net migration into nearly every Sunshine State metro. People are chasing jobs with three Florida metros ranked among the 10 places expected to have the fastest job growth over the next three years and seven among the top 25. Naples leads the way with a projected average annual rate of 4.1%. Unemployment peaked in Naples in January 2010 at 12.2%, but was just 5.4% last month and is expected to stay low. Joining Naples among the top spots for job growth are fellow southern Florida locales Cape Coral and Port St. Lucie.

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Governor to Governor: Why Illinois Fails and Texas Thrives

07/09/14
Chicago Tribune
Rick Perry
Illinois and Texas each faced challenges in 2011. The national recession had damaged both states' economies and revenues were projected to be insufficient to cover anticipated spending. What happened next is a clear demonstration of the differences between blue states and red states.

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A Texas Guide to Economic Recovery: We Californians could learn how to grow from the Lone Star State

07/06/14
The Wall Street Journal
Bradley Allen
As a Californian, I am pained to say that three of the nation's five fastest-growing cities—and seven of the top 15—are in Texas, according to the U.S. Census Bureau. Much of this growth is spurred by the state's booming energy industry. Innovations such as hydraulic fracturing, "fracking," and horizontal drilling are making the state's gas and oil fields more productive than ever, attracting newcomers with high-paying jobs.

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Aided by $8.6 Million TEF Grant, Active Network Relocates Company Headquarters to Dallas

07/03/14
AUSTIN – Gov. Rick Perry has announced a Texas Enterprise Fund (TEF) investment of $8.6 million in Active Network, LLC, which is relocating its headquarters from San Diego, California to Dallas, creating 1,000 jobs and $13 million in capital investment.

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California trails Texas in private equity investment dollars

06/24/14
The Sacramento Bee
Mark Glover
California led all states in the number of companies with private equity investments in 2013, but it was far behind Texas in total dollars invested, according to the Washington, D.C.-based Private Equity Growth Capital Council.

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Texas job growth continues strong showing

06/23/14
The Pasadena Citizen
HCN News Services
The Texas economy continued its trend of job growth in May, expanding by 56,400 seasonally adjusted nonfarm jobs. A total of 383,100 jobs were added in the past 12 months, making it the largest over-the-year job increase in Texas in nearly 17 years.

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Perry on May Jobs Numbers: “Texas Job Machine Firing On All Cylinders” Texas sees largest year-to-year job growth in nearly two decades

06/20/14
Gov. Rick Perry released the following statement today on the latest employment numbers released by the Texas Workforce Commission:

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Governor Smackdown: Watch the head honchos of the two hottest states for big business face off

06/11/14
Fortune
Anne VanderMey
In an exclusive Fortune video, Jerry Brown and Rick Perry weigh in on why their states are best-in-nation for Fortune 500 companies.

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Texas Gov. Rick Perry tries to woo Tesla in Sacramento

06/10/14
Los Angeles Times
Marc Lifsher
Driving an electric Tesla Model S sedan, the governor of Texas whisked into the state capital of California on Tuesday with a not-subtle message that he wants to keep nabbing businesses from the Golden State.

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