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Texas is the New California

October 28, 2010

From The Wall Street Journal October 27, 2010

Over the last year, as the economy was beginning to grow again, the Lone Star State has led the nation with the addition of nearly 153,000 jobs, while California surrendered 43,700 … This superior jobs recovery builds on the fact that Texas also weathered the national recession better than most states… These hiring statistics confirm that for business Texas is the new California—as the likes of Austin, Dallas and San Antonio have become destinations for investment and entrepreneurship. Texas has become a mecca for high tech, venture capital, aeronautics, health care and even industrial manufacturing like the building of cars and trucks…