Gov. Perry on Economic Development in Texas

Texas has consistently been ranked as one of the best places to do business in the nation under Gov. Perry’s leadership.

  • Aggressive Job Creation. Since July 2003, Texas has created more than 1 million net new jobs. In 2008, more than half of the jobs created in the entire nation were created in Texas. In October and November of 2009, Texas gained 70,000 jobs while the nation as a whole lost 122,000 jobs. The Texas Enterprise Fund, the largest job creation fund of its kind in the nation, began under Perry in 2003 and is generating more than 55,000 new jobs and $15 billion in capital investment for Texas.
  • Record Property Tax Reductions. Gov. Perry championed $15.5 billion in property tax reductions, which resulted in a 33 percent decrease in school property tax rates for Texas homeowners and businesses.
  • Texas is Succeeding. Click here to see the dozens of accolades and awards Texas has received for its strong economy and friendly business climate.

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Read Related Press Releases, Blog Posts and News Articles about Gov. Perry on Economic Development in Texas

Texas job creation dwarfs every other state

10/22/14
The Washington Post
Jennifer Rubin
"It stands to reason then that if you want higher job growth, you want to be more like Texas than California. There are many measures of economic and social health, but for a country that is struggling to jump-start job creation, it might be a good idea to look carefully at the success stories."

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Texas Adds 413,700 Jobs Over the Year

10/17/14
AUSTIN – The Texas economy added 36,400 seasonally adjusted total nonfarm jobs in September. Over the year, Texas added 413,700 total non-farm jobs, the largest gain over a 12-month period ever recorded in the Lone Star State.

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Texas leads nation with record export numbers

10/06/14
San Antonio Express-News
David Hendricks
SAN ANTONIO — Texas led the nation in exports last year, selling a record-breaking $279.5 billion worth of goods abroad, U.S. Trade Representative Michael Froman said Monday in San Antonio.

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Spacex Breaks Ground On Texas Rocket Launch Site

09/22/14
AP
BROWNSVILLE, TX --SpaceX founder Elon Musk says his company expects to spend $100 million in South Texas over the next three to four years on the first commercial orbital spaceport.

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Gov. Perry Helps Break Ground on SpaceX Commercial Launch Facility

09/22/14
CAMERON COUNTY – Gov. Rick Perry today helped break ground on the SpaceX Commercial Launch Facility located near Boca Chica Beach, which will launch commercial satellites into orbit.

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Rick Perry Walks Fine Line in Visit to China

09/11/14
Wall Street Journal
Andrew Browne
TIANJIN, China -- On a visit to China as he lays the groundwork for a possible second White House bid, Rick Perry notes that "the streets are clean; the air not so much."

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Chinese vice premier meets Texas governor

09/10/14
CCTV
Zhou Minxi
BEIJING, Sept. 10 (Xinhua) -- Chinese Vice Premier Zhang Gaoli met in Beijing on Wednesday with Texas Governor Rick Perry of the United States, calling for closer cooperation between Texas and China's local governments.

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Gov. Perry Promotes Stronger Economic Ties between Texas and Japan

09/08/14
Gov. Perry is in Tokyo promoting stronger economic ties between Texas and Japan. Japan is already one of Texas' largest trading partners and Gov. Perry told members of the American Chamber of Commerce in Japan today there is room for that partnership to grow.

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Rick Perry and the Importance of a Strong Relationship between the United States and Japan

 

Texas Governor Rick Perry addresses the American Chamber of Commerce in Japan's members on his first trip to Tokyo. This sold out luncheon took place at the Tokyo American Club.

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Chart of the day: Texas employment is 1.3M jobs above Dec. 2007 level, while ‘US minus Texas’ is down by 1.23M jobs!

08/22/14
AEI
Mark J. Perry
Inspired by a similar chart in yesterday’s Investor’s Business Daily (see below) that accompanied an op-ed by Vance Ginn titled “Texas Is A Real Model For Economic Opportunity,” I present the chart above showing the percent changes in total civil employment between December 2007 (when the recession started) and July 2014 for: a) Texas (blue line) and b) the US minus Texas.

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