A 2021 report by Business Facilities Magazine ranks Texas as No. 1 in the nation for semiconductors and installed wind power capacity and in the Top 10 in its global rankings for Austin’s start-up ecosystem.
Business Facilities published these rankings in its State, Metro and Global Rankings Report, the magazine’s annual across-the-board evaluations of economic development leaders, July 27. Texas garnered 45 spots in the Top 10 Rankings, including five first place rankings.
Texas is No. 1
In addition to Texas being No. 1 in semiconductors and wind power capacity, the state’s other first places included:
- Fastest-growing metros by population — Austin-Round Rock-Georgetown
- Cyber cities — San Antonio
- Best business climate (large metros) — Dallas
“We are delighted that Business Facilities has recognized Texas once again for our achievements in so many vital areas of importance in economic development,” said Robert Allen, President and CEO of the Texas Economic Development Corporation. “These rankings show that Texas is and has been highly successful in a diverse group of industry sectors. Texas being No. 1 in semiconductors is especially significant.”
TxEDC is the privately funded half of a private-public partnership with the Governor’s Office of Economic Development and charged with marketing Texas as a premier business location to state, national and global industry leaders.
Texas, the world’s 9th largest economy, has earned recognition as the No. 1 exporting state in the United States for the 19th year, and led the nation in foreign direct investment and employment in 2020.
For a full list of the rankings in the 17th Annual State, Metro and Global Rankings Report, please visit businessfacilities.com.