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

Dallas-Fort Worth ranks among top U.S. areas for most jobs added

10/29/14
Dallas Morning News
Sheryl Jean
Houston and Dallas-Fort Worth areas ranked among the top U.S. metropolitan areas for the most number of jobs added over the last 12 months, according to data released today by the U.S. Bureau of Labor Statistics.

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Gov. Perry Announces TEF Investment Bringing More Than 200 Jobs to Seguin

10/28/14
AUSTIN - Gov. Rick Perry today announced the state is investing $800,000 from the Texas Enterprise Fund (TEF) in Siro Group USA to close the deal on a manufacturing facility in Seguin that will create more than 200 jobs and pump $58.5 million in capital investment into the local economy.

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Report: Circuit of the Americas has $897 million impact on economy

10/28/14
Austin American-Statesman
Gary Dinges
The 200 or so events held in the past year at the Circuit of the Americas have had a combined impact of $897 million on Austin’s economy, according to a report released Tuesday.

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Gov. Perry Welcomes Toyota Headquarters to North Texas

10/27/14
PLANO - Gov. Rick Perry today welcomed Toyota's new North American headquarters to Plano. Once completed, the facility will bring nearly 4,000 jobs and more than $300 million in capital investment to North Texas.

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Texas job creation dwarfs every other state

10/22/14
Washington Post
Jennifer Rubin
Since December 2007 when the Great Recession started, Texas civilian employment has increased by 12% and by more than 1.32 million jobs, from just over 11 million jobs in December 2007 to 12.32 million in September of this year (see blue line in chart).

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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 does it again: Leads U.S. job creation in September and over the last 12 months

10/21/14
Dallas Morning News
Sheryl Jean
Last week, we learned that Texas added 36,400 jobs in September and set a state record for adding 413,700 jobs in the last 12 months.

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Texas has No. 1 business climate, new survey says

10/20/14
Houston Business Journal
Olivia Pulsineslli
Texas is the highest-rated state in another business-climate survey, and Houston ranked among the best cities for economic development.

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Survey says: Executives see Texas as having top business climate

10/19/14
Dallas Morning News
Michael A. Lindenberger
Texas has won some big bets and lost others when it comes to persuading firms to relocate — or make major expansions — in Texas this past year. But business leaders and the site-selection consultants who advise them still think it’s the top place to do business.

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Survey says: Executives see Texas as having top business climate

10/19/14
Dallas Morning News
Michael A. Lindenberger
Texas has won some big bets and lost others when it comes to persuading firms to relocate — or make major expansions — in Texas this past year. But business leaders and the site-selection consultants who advise them still think it’s the top place to do business.

Read More…

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