News Summary
Texas has secured the 2025 Prosperity Cup, an award recognizing its excellence in attracting business investments. Governor Greg Abbott revealed that the state topped rankings by Site Selection magazine, showcasing its strong economy and impressive job creation rates. With a GDP of $2.6 trillion and over 192,100 new jobs created, Texas proves to be a leading destination for corporate investment. The Lone Star State continues to thrive, welcoming corporate headquarters and maintaining a business-friendly environment that drives growth and innovation.
Texas has been awarded the prestigious 2025 Prosperity Cup by Site Selection magazine, recognizing its top-tier competitiveness in attracting capital investment. This accolade marks a significant achievement as it underscores Texas’s robust economic framework and its ability to draw in businesses. The Prosperity Cup is given to the state that demonstrates the best potential for investment based on various metrics, focusing on the effectiveness of state policies to attract businesses.
According to Site Selection’s grading system, which employs a 10-point scale to assess facilities, capital investment, and job creation, Texas emerged as the leader. The state also clinched the Site Selection “Triple Crown Trophy”, having previously won the Governor’s Cup and been identified as having the Top Business Climate in the U.S.
As of March 2025, Texas boasts a staggering $2.6 trillion economy, making it the eighth largest globally, even surpassing the economies of Russia and Canada. The state substantially contributes over 9% to the nation’s Gross Domestic Product (GDP) and has maintained its position as the largest exporting state in the U.S. for the past 23 years, accounting for 22% of all U.S. exports.
In the previous year, Texas led the nation in job creation, adding 192,100 new nonfarm jobs between March 2024 and March 2025. This remarkable growth has been attributed to the state’s favorable business climate and the provision of a skilled workforce.
For the 13th consecutive year, Texas has been recognized for attracting the most new and expanded business facility projects. In the latest survey, Texas recorded 1,368 corporate investment projects, significantly ahead of Illinois, the second-place contender. Notable metropolitan areas within Texas, particularly the Dallas-Fort Worth-Arlington metro area, contributed 489 of these investment projects, reinforcing its status as a major economic hub within the state.
Over the past year, Texas has experienced a 9% year-over-year increase in corporate investment projects, reflecting a growing interest from businesses looking to establish or expand their operations in the region. The state has successfully added over 314 corporate headquarters since 2015, solidifying its reputation as the “headquarters of headquarters.”
The achievements have been attributed to Texas’s ability to provide businesses the freedom and supportive policies they need to thrive, especially in sectors like technology and innovation. With an emphasis on creating favorable conditions for corporate success, Texas continues to attract various businesses seeking to leverage its dynamic economy.
Overall, the awarding of the 2025 Prosperity Cup highlights Texas’s ongoing commitment to fostering a competitive business environment, its monumental economic size, and its dynamic job market, which together enhance its status on both national and global fronts.
Deeper Dive: News & Info About This Topic
- Site Selection: 2025 Prosperity Cup
- Dallas Express: Texas Triumphs Crowned 2025 Prosperity Cup Winner
- Texas Border Business: Texas Wins 2025 Prosperity Cup for New Business Investments
- Wikipedia: Texas
- Google Search: Texas business investment
Author: STAFF HERE COLLEGE WRITER
The COLLEGE STATION STAFF WRITER represents the experienced team at HERECollegeStation.com, your go-to source for actionable local news and information in College Station, Brazos County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Brazos Valley Fair & Rodeo, Chilifest, and Aggie Muster. Our coverage extends to key organizations like the Bryan-College Station Chamber of Commerce and United Way of the Brazos Valley, plus leading businesses in education, biotechnology, and retail that power the local economy such as Texas A&M University, Fujifilm Diosynth Biotechnologies, and H-E-B. As part of the broader HERE network, including HEREAustinTX.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
