Governor Greg Abbott spoke at the Texas Economic Development Corporation (TxEDC) Investor Summit, highlighting the state’s strong economic growth and expanding finance sector. During a fireside chat at the event, Governor Abbott pointed to Texas’ favorable business climate as a driving force behind its economic success.
“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 discussed how both large corporations and small businesses are choosing to relocate or expand in Texas due to its supportive policies. He described Texas as representing “the modern embodiment of the American Dream,” with efforts underway to make it an even more attractive destination for future generations. He also stressed plans to further reduce regulatory barriers for businesses.
The conversation 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; along with various elected officials and business leaders.
Photographs from the summit are expected to be released soon.
