Newsweek: "Fore sheer economic promise, no place beats Texas"

Newsweek’s Reasons To Love Texas, Austin, and San Antonio

• "Businesses have been flocking to Texas for a generation, and that trend is unlikely to slow soon. Texas now has more Fortune 500 companies—58—than any other state, including longtime corporate powerhouse New York."

• "Austin boasted the strongest job growth in Newsweek’s Top 10, both last year and over the decade. The city is arguably the best-positioned of the nation’s emerging tech centers and enjoys good private-sector growth."

• "Austin’s newfound prosperity isn’t simply a product of its university culture or its synergetic collection of technology firms. Its success owes a great deal to simply being in Texas…a refuge for workers and companies fed up with high unemployment, cost of living, and dysfunctional state government."

• "The Texas economy has benefited from widening diversification. San Antonio has a strong military connection and an expanding manufacturing capacity, and it is a key locale for the growing Latino marketplace."

• "Texas offers pro-business policies and relatively low taxes, and the physical infrastructure in the cities is generally as good or better than in many East and West coast metropolitan areas."

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