February 22, 2024

Where to Invest Now: Texas

There’s a good case that the state of Texas has the best economy in the world. Its gross domestic product (GDP), which is over $2 trillion, is bigger than that of all but seven countries, and it’s growing like crazy. Since 2000, the population of Texas has risen 21.3%, more than any other state but tiny Idaho. 

Texas is the number-one exporting state, and it’s tops for foreign direct investment as well. It’s home to more Fortune 500 companies than California or New York, and for 19 years in a row a survey of CEOs by Chief Executive magazine has ranked Texas first in the nation based on assessments of business climate, workforce and quality of life. 

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