Texas’ Economy Dominates In 2024

Office of the Texas Governor | Greg Abbott | Press Release

Governor Greg Abbott lauded Texas’ robust economy with records unmatched by any other state, as Texas continues to attract both large and small businesses in 2024.

“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 economic growth and job creation. Texas has also received numerous awards in 2024, including, Best State for Business, Gold Shovel Award, the Governor’s Cup, and more, showcasing Texas’ investment in our future by partnering with Texas businesses and providing globally competitive and cost-effective financial tools to drive success and innovation. As the eighth largest economy in the world, Texas will continue to slash government regulations that holds our businesses back from thriving in 2025.”