Nasdaq Texas ConnecTXions Highlights Economic Growth
On September 18, 2023, in Dallas, Nasdaq Texas held its ConnecTXions event, bringing together bankers, asset managers, and policymakers to discuss capital flow and investment opportunities in Texas. Key figures included George W. Bush, who spoke on leadership, and industry experts who addressed trends in asset allocation and Texas’s attractiveness for investors.
Texas’s GDP has surged from approximately $750 billion to $3 trillion over the past 25 years, bolstered by a $20 billion infrastructure investment, outpacing surrounding states. Panelists emphasized that if Texas were a country, it would rank among the world’s largest economies. They noted the growth is statewide, particularly in regions like the Rio Grande Valley and Permian Basin, while recognizing ongoing challenges such as affordability and wage growth.
Overall, Texas’s economic success stems from a combination of pro-business policies, infrastructure investment, and a diverse capital market landscape, positioning it as a key player for global investors.
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