Texas News

Texas’ Economy Dominates In 2024

AUSTIN — Governor Greg Abbott today lauded Texas' robust economy with records unmatched by any other state, as Texas continues to attract both large and small businesses in 2024. December 26, 2024 | Austin, Texas | Press Release “Texas is the leading economy in the United States because we move at the speed of business," said Governor Abbott. "This year, I launched two new state initiatives — the Texas Space Commission and the Governor's Small Business Freedom Council — to further spur...

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Texas News

Texas Business Court is a bold experiment in corporate governance

This specialized court is designed to handle complex disputes with efficiency and expertise. Texas Governor Greg Abbott poses for a photograph with newly appointed judges of the Texas business courts at Texas A&M University School of Law in Fort Worth, Texas on Thursday, September 19, 2024. Governor Abbott swore in a total of ten justices, two in each Business Court divisions in San Antonio, Dallas, Fort Worth, Austin and Houston. (Desiree Rios / Special Contributor)   By Shane Goodwin Dec. 2, 2024 | Dallas...

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Texas News

Dallas on verge of landing World Cup broadcast center

City council could vote soon on 8-month contract with FIFA. Dallas is on the verge of securing the International Broadcast Center for the 2026 FIFA World Cup.   By Holden Wilen – Staff Writer, Dallas Business Journal Dec 5, 2024 The city has long been considered a frontrunner for the TV and radio hub, which would bring thousands of media members and even more economic impact to North Texas. But in recent days it's become clear that the city is close to sealing the deal,...

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Texas News

Texas Is America’s Jobs Leader

  November 15, 2024 | Austin, Texas | Press Release Governor Greg Abbott today touted the resilience of the Texas economy following the release of October employment data showing Texas again grew jobs at a faster annual rate than the U.S. as Texas employers added 274,600 nonfarm jobs over the last 12 months. Texas also set a new record high for the number of Texans working and for the size of the Texas labor force. “Texas grows jobs at a faster annual...

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Texas News

Texas surpasses Virginia in defense spending, new report shows, and DFW is big reason why

Lone Star State has 'traded its cowboy hat for a fighter jet helmet,' expert says. Texas has surpassed Virginia in defense spending, new estimates from the U.S. Department of Defense show, and Dallas-Fort Worth is a big reason why. The Bell V-280 is being produced by Bell Textron, one of many major defense sector giants operating in the Dallas-Fort Worth area. Jake Dean   By Seth Bodine – Staff Writer, Dallas Business Journal Sep 25, 2024 Texas captured an estimated $68.4 billion in total defense spending and...

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Texas News

Texas has the best business climate in the country according to these rankings

Site Selection magazine released its rankings Friday, joining a chorus of praise for Texas’ business climate.   Dallas, Texas, USA downtown city skyline. (Amir Bakian - Contributor / SeanPavonePhoto - stock.adobe.co)   By Sasha Richie Breaking business reporter, Nov. 1, 2024   Texas has the best business climate in the country, according to Site Selection magazine, which covers corporate real estate strategy and economic development. Texas came in first in the publication’s annual ranking of state business climates. Criteria for the rankings include a survey of corporate real...

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Texas News

D-FW is expected to be hottest real estate market in 2025

Dallas-Fort Worth is expected to be the nation’s hottest real estate market for investment and development next year. The annual forecast from PriceWaterhouseCoopers and the Urban Land Institute dubbed D-FW as the best place to buy, build and finance property in the year ahead.   The Dallas skyline is seen through a haze of dust, on Tuesday, Sept. 17, 2024, in Dallas. © Shafkat Anowar/The Dallas Morning News/TNS   Story by Nick Wooten, The Dallas Morning News Oct 31, 2024 The report, Emerging Trends in Real Estate,...

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Texas News

Amtrak gets $64M in federal funds for high speed rail between Dallas and Houston

The work on the Texas rail corridor continues to advance slowly, despite pushback.   The high-speed train planned between Houston and Dallas is "speeding ahead" with news of a $64 million grant to connect the two Texas cities. den-belitsky/Getty Images/iStockphoto   By Janet Miranda, Trending News Reporter Sep 3, 2024 The much anticipated Texas high-speed rail corridor that promises to connect two major cities continues to advance slowly. The project has now received $63.9 million from the Federal Railroad Administration to establish a route from Dallas...

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Texas News

Texas Outpaces Nation In Annual Job Growth Rate

Governor Greg Abbott celebrated Texas's growing jobs at a faster rate than the nation over the last 12 months following the release of July employment data. Texas also again set new records for the number of Texans working and the size of the Texas labor force.   August 16, 2024 | Austin, Texas | Press Release Governor Greg Abbott today celebrated Texas growing jobs at a faster rate than the nation over the last 12 months following the release of July employment data....

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Texas News

Google Expanding Its North Texas Presence with $600M Investment in New Red Oak Data Center

The new Google site in Red Oak adds to a growing data center boom in North Texas. Expected to play a critical role in supporting the company's AI innovations and growing Google Cloud business, the center will bring nearly 1,200 construction jobs and 30 new full-time operational jobs to the region. Left to right: Dr. Justin Lonon, Chancellor Dallas College; John Cornyn, US Senator from Texas; Jake Ellzey, Congressman TX-06; Cris Turner, VP, Government Affairs & Public Policy, Knowledge &...

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