Texas Governor Greg Abbott | Image courtesy of Governor Greg Abbott’s Office/Facebook
Texas Gov. Greg Abbott on Thursday celebrated a record-breaking economy that continues to grow and attract businesses of all sizes in the Lone Star State.
Texas consistently ranks as one of the best-performing states in the country, making the move an important accomplishment for Abbott and legislators across the state.
Mr. Abbott said in an article: news release He said the Lone Star State has one of the better economies of any state in the nation because it “does things at the speed of business.”
“Freedom is a magnetic force, and Texas gives entrepreneurs and hardworking Texans the freedom to succeed. “We recognize competitive advantages found only in Texas,” he added in the release.
“The nation’s leading CEOs are proud of our pro-growth economic policies with zero corporate and personal income taxes, a young, skilled, diverse and growing workforce, easy access to global markets, robust infrastructure and predictable I always quote business. -Friendly Regulation. Our great state gives businesses of all sizes room to grow and their employees thrive as we build a bigger and better Texas for the next 20 years and beyond. Abbott said in April after Texas was named Best State for Business by Chief Executive magazine. .
The governor’s celebration comes as Texas’ economy continues to rank among the nation’s best in job creation, with another recent report predicting that Texas will grow from November 2023 to November 2024. The company added 274,300 non-farm jobs during that period. dallas express. The Lone Star State also broke records for the number of Texans working and the size of Texas’ workforce, with the overall number of jobs added under Abbott increasing to 2.4 million.
“With the best business climate in the nation and a strong and growing workforce, Texas is where the future is being built. To expand opportunity, we will eliminate burdensome over-regulation and eliminate all regulations. Together, we will empower more Texans and equip more Texans with the skills they need for the high-paying, in-demand jobs of tomorrow. “We continue to be a driving force behind this,” Abbott said, celebrating these achievements.
Despite successful job growth over the past year, many of Texas’ largest cities and metropolitan areas are experiencing a slowdown in their real estate markets.
new report indicates Dallas-Fort Worth has experienced the worst downturn of any metropolitan area in the state, with home sales remaining stagnant in November as prices declined slightly, as previously reported. DX.