Texas Governor Greg Abbott highlighted the state’s economic growth and expanding finance sector during a fireside chat at the Texas Economic Development Corporation (TxEDC) Investor Summit. Speaking at the second annual event, Abbott addressed investors and business leaders about the factors contributing to Texas’ economic performance.
“The Texas economy is leading America,” said Governor Abbott. “We have a young, growing, and diverse workforce, a reasonable and predictable regulatory environment, and no state income tax. The greater Dallas-Fort Worth area has been particularly successful in contributing to Texas’ success by launching the Texas Stock Exchange, expanding Nasdaq and New York Stock Exchange branches, and bringing Fortune 500 companies into the state. We will continue to inspire innovators and ensure that the freedom of opportunity that Texas offers is a beacon that draws people all over the world to our great state.”
Abbott pointed out that both Fortune 500 firms and small businesses are increasingly relocating or expanding in Texas. He credited this trend to pro-business policies and continued efforts to reduce regulations for companies of all sizes. According to Abbott, these developments support his view of Texas as a place where people can achieve upward mobility.
He also stressed the role of the Dallas-Fort Worth region in strengthening Texas’ position as an emerging financial center in the United States.
The discussion was moderated by Glenn Hamer, President and CEO of the Texas Association of Business. Other participants included Arun Agarwal, Chairman of TxEDC’s Board of Directors; Aaron Demerson, TxEDC President and CEO; as well as elected officials and other business representatives.
Additional photographs from the event are expected to be made available soon.
