Texas leads the country in job creation and innovation. Because Texas offers businesses the freedom to succeed.
So, the country's CEO counts Texas for 20 years and ranks Texas as the best state for business, which is the eighth greatest reason why the Texas economy is the eighth greatest compared to countries around the world.
Texas is where entrepreneurs know they can throw their visions and achieve them. I consider the successful CEOs I meet every week, except for freedom and our business-friendly climate, corporate or personal income tax, our highly skilled and diverse workforce, easy access to global markets, robust infrastructure, a reasonable regulatory environment, and exceptional quality of life.
These benefits are why Texas leads all states to attract capital and relocation and expansion projects.
Texas is the headquarters of its headquarters. With the best business environment in America, Texas has over 3.3 million small businesses, including the world's largest brand, 52 Fortune 500 headquarters, and one in 10 publicly traded companies in the US.
Texas welcomes more CEOs every day as they try to move and incorporate into our great state. In fact, since I was governor, over 300 companies and major global brands have moved their headquarters to Texas. They fled from strangulation of overregulation in other states for the freedoms found in Texas.
Industry leaders such as AECOM, Caterpillar, CBRE, CHALLES SCHWAB, CHEVRON, HPE, HPE, Jacobs Engineering, NRG Energy, McKesson and Tesla have joined others in their headquarters and critical operations in Texas, including American T, Dell Technologies, Dr Horton, Dell Technologies, Drefly, Kimercly, Dell Technologies, Dell Technolus, and Dell Technolgies. Martin, Samsung, SpaceX, Sysco, Texas Instruments, Toyota, and more.
Texas is a magnet of talent. Texas has long led a country with population growth. Because Texas has a younger and growing population than the country, 82% of Texans born here stay here too. Also, Texas is attracting and leading Z and millennials, as they have more newer tech jobs than any other state. As a result, our workforce is the largest ever, lower than the population of 46 states.
Much of our skilled workforce is drawn from top-ranked universities and universities. Texas leads all states at 16 Tier 1 research universities and holds a PhD in Biotechnology, Engineering and Electrical Engineering. And each year, more than 4 million Texans participate in upskills and training programs through the workforce development system.
Texas has easy access to the global market. The central location of Texas in North America and robust infrastructure and transportation network provide timely access to domestic and global markets for increased trade opportunities and reduced supply chain issues.
With 23 seaports including 12 deepwater ports, US top ports and top ports with waterborne tonnage, Texas is being built for world trade. Plus, there are more roads, state highways, freight rail, airports and foreign trade zones than any other state, but it's no surprise that Texas has been the best exporter for over 20 years.
Texas offers a framework for a diverse range of industries to flourish. Made in Texas is a powerful global brand, and Texas is a leader in advanced manufacturing, including aerospace and defense, automobile and semiconductor manufacturing. We are the epicenter of energy production, new capital for businesses and financial services, and where tomorrow's technology is being built.
By fostering a thriving innovation ecosystem, supporting emerging and advanced industries, and leveraging public-private partnerships to secure critical supply chains, Texas is driving even greater economic expansion.
Texas runs at business speed. Texas has unparalleled competitive advantages due to faster permits, reduced energy and land costs, and fewer land use restrictions.
To keep Texas moving at business speed, the state has launched the Texas Business Court. This has launched an international professional court of court, created to resolve complex business disputes, primarily sided by judges with experience in judicial or litigation on commercial matters. He also directed state agencies to eliminate unnecessary government regulations that would hinder the formation and growth of businesses.
In Texas, businesses want to succeed. When our business is successful, Texas will succeed. By unleashing the power of entrepreneurs and innovators, we build a stronger, more prosperous Texas. You will be invited to participate.
