CREW Houston Economic Outlook luncheon
CREW Houston kicked off their 2024 programming with an insightful presentation by Adriana Cruz, the Exec. Director of the Texas Economic Development & Tourism Office. Jing, Deborah, and Sarah attended and left buoyant from the blockbuster stats Adriana shared. Did you know Texas is the 8th largest economy in the world?
The Texas economic development achievements are truly remarkable. Here are just a few of the highlights Adriana shared:
- Global Standing: Texas is now the 8th largest economy in the world.
- Growth Leader: Ranked as the #1 growth state in America for 2023.
- Job Creation: #1 in the nation for jobs added in 2022, with an astounding 650,000 jobs.
- Export Powerhouse: For the 21st consecutive year, Texas led the nation in exports.
- Trade Zone Impact: Texas ranks #1 in the nation for foreign trade zone economic impact.
- Business Climate: Voted the "Best Business Climate" in America for 2023.
- Tax Advantages: With no corporate or individual income tax, Texas boasts one of the lowest tax burdens in the country.
- Corporate Hub: Home to 55 Fortune 500 corporate headquarters – more than any other state.
- Diversity Champion: Host to three of the most diverse cities in the U.S.
- Population Growth: Texas' population grew more last year than any other state, continuing a 17-year trend.