Top Texas Touts:  Economy

  • The $2.4 trillion Texas economy is now the eighth-largest economy among the nations of the world, larger than Russia, Canada, Italy and more.
  • The Texas economy has expanded faster than the nation six quarters in a row.
  • Texas is home to 52 Fortune 500 headquarters.
  • Texas is the 2023 State of the Year for the best-in-nation business climate and job growth.
  • Texas is ranked as the Best Business Climate in the nation.
  • Texas produces 9% of U.S. GDP, the value of all goods and services produced.
  • Texas accounts for 22% of U.S. exports.
  • Texas is the top exporting state, now for 22 years in a row.
  • Texas is the top semiconductor exporting state, now 13 years in a row
  • Texas is the top tech exporting state for 11 years in a row.
  • Texas has been named by CEOs as the Best State for Business 20 years in a row.
  • Texas is the Best State to Start a Business.
  • Texas is the top state for corporate relocation and expansion projects, winning the Governor's Cup 12 years in a row.
  • Texas is the top state for high-value business investments with significant job creation.
  • Texas has attracted nearly 300 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 June 2024