Top Texas Touts: Economy
- At $2.77 trillion, the Texas economy is eighth largest compared to the nations of the world, larger than Russia, Canada, Italy, and more.
- The Texas economy grew faster than the U.S. in 2024
- Texas is home to 54 Fortune 500 HQs, 1 in 10 of all publicly traded companies in the U.S., and more than 3.5 million startups and small businesses.
- Texas has been named by CEOs as the Best State for Business for 21 years in a row.
- Texas is ranked as the Best Business Climate in the U.S.
- Texas has won the Governor’s Cup 13 years in a row for the most business location and expansion projects.
- Texas is the 2025 Prosperity Cup winner as the top state for attracting business investments.
- Texas produces more than 10% of U.S. GDP and 22% of all U.S. exports
- Texas is the top exporting state for 23 years in a row, the top semiconductor exporting state for 14 years in a row, and the top tech exporting state for 12 years in a row.
- Texas entrepreneurs filed nearly 500,000 new business applications in 2024.
- Texas has attracted more than 327 corporate headquarters since 2015.
- Texas is the top state for foreign direct investments over the last 20 years and a top global destination.
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As of Oct 31, 2025