Government and Politics
December 1, 2022
From: Texas Governor Greg AbbottDear Texas Economic Development Stakeholders,
As we start to close out another successful year, filled with growth and prosperity for Texas, I'd like to take a moment to thank all of our economic development partners across the Lone Star State. From our state agency partners to local and regional community partners, each organization has played a vital role in Texas' record-breaking achievements in 2022. Strengthened by our growing collaborations in economic and workforce development, Texas is well positioned to remain the economic engine of the nation and the best state for business!
As we enter December, we also start National Write a Business Plan Month! A business plan is the first and most important step of starting a new business and there's no better time to start your entrepreneurial journey in Texas. Visit our new webpage for resources to get started and enter into the new year with a new endeavor!
In the December Texas Business Bulletin, you will find a 2022 year in review, an economic snapshot, recent project announcements, upcoming events and webinars, plus much more!
As always, please be sure to visit our website, follow us on social media or reach out to a member of our team if we can be of any assistance.
On behalf of the entire Texas Economic Development & Tourism team, we wish you and yours a healthy and happy holiday season!
-Adriana Cruz, Executive Director, Texas Economic Development & Tourism
Unemployment Rate:?4%
Jobs Added in October: 49,500
Job Recovery Rate: 142%
Workforce: Nearly 14.6 million
View the full economic snapshot ›
2022 Year in Review
This year has been full of economic growth and industry activity for Texas! As we reach the end of 2022, we're reminded of the challenges Texas has overcome and the new heights our state has reached. The Lone Star State continues to be recognized for our world-class economic landscape, our business-friendly environment and our ability to attract relocating and expanding companies from around the nation and the world. Here's a look back at some of Texas' top accomplishments and highlights from 2022:
Most importantly, the Texas economy is resurging, job recovery is high and Texas continues to be a national beacon of economic strength and freedom! For more Texas awards and accolades, download the Texas Bragging Rights PDF and be sure to share the good news!
Texas' success in attracting the highest number of corporate expansions and relocations is thanks to a unique combination of competitive business advantages that no other state can claim. For more on these business advantages, visit our Why Texas? webpages. Here are some of Texas' recently announced projects in regions across the state:
More recent project announcements ›
National Write a Business Plan Month
December is National Write a Business Plan Month! Visit our website for helpful resources and tips to get started on your business plan.
Recent Meetings & Events
Women in Tech Trade Mission
EDT's International Business & Trade Team Lead, Shirley Temple, accompanied a delegation of Texas businesses during the U.S. Commercial Service's Women in Tech Trade Mission in November. The trade mission helped businesses explore export opportunities and potential business partners in France, Netherlands and Portugal. Read more about the trade mission here.
Governor's Small Business Series - Corsicana
The Governor’s Small Business Series - Corsicana, which took place on November 10, was an opportunity to network with other business owners and meet experts who shared timely, relevant, actionable advice on a multitude of small business topics. The Keynote Speaker for the event was Chet Garner, Host of The Daytripper. For information on this year's events and webinars, and announcements for 2023, visit our events calendar.
Upcoming Events & Webinars
Governor's Small Business Series — Bryan/College Station I December 8, 2022
The Governor’s Small Business Series — Bryan/College Station will connect small business owners and aspiring entrepreneurs with the resources and information needed to start, strengthen and grow a business. The event is an opportunity to network with other business owners and meet experts who can share timely, relevant, actionable advice on a multitude of small business topics.
“It ain’t bragging if it's true!” Here are some of the recent accolades Texas has received:
Join Our Team!
We're hiring! Interested in working with the best state economic development team in the country and helping grow the state's economy? There are multiple positions for experienced professionals in Business & Community Development, Tourism, Economic Development Finance and other divisions. Here's a select sampling of open positions:
For more information on available positions, visit gov.texas.gov/employment.
Manufacturing Program Offers Hands-On Learning
The Texas Federation for Advanced Manufacturing Education and Texas State Technical College have partnered to offer a paid, apprenticeship-style program to meet the growing needs of the area’s manufacturing base. The Lone Star chapter will serve New Braunfels, Seguin and other nearby cities to supply training for high-demand manufacturing jobs.
McLaren Opens North American HQ in Coppell
British car manufacturer, McLaren Automotive, celebrated the grand opening of their new North American headquarters in Coppell in November. The location was chosen for its proximity to the Dallas-Fort Worth International Airport and ample space for the 31,000-square-foot facility.
New Apprenticeship Program for Semiconductor Equipment Manufacturing
The National Institute for Innovation & Technology and semiconductor equipment group, Applied Materials, Inc., announced plans to establish an apprenticeship program to strengthen the semiconductor equipment manufacturing workforce. The innovative, competency-based program will be the first of its kind in the state.