Federal Reserve Bank of Dallas report shows Texas attracted most business relocations in the US between 2010 and 2019, leading to a gain of nearly 103,000 jobs.

A new report by the Federal Reserve Bank of Dallas has revealed that Texas attracted more business relocation than any other state in the United States between 2010 and 2019. Over 25,000 establishments moved to Texas during this period, bringing over 281,000 jobs along with them, and resulting in a gain of nearly 103,000 jobs for the state. The report suggested that Texas is attractive to relocating businesses due to its central location in the United States, access to multiple major cities, and a business-friendly environment. The state has also offered various incentive programs to attract businesses.

February 03, 2024
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