News & Resources

The Evolution of the Megasite
Jun 17 2022Competing on a national and global scale for large economic development projects — and winning — is a sure sign of a community’s vitality. A community’s ability to position large-scale, shovel-ready land tracts for investment consideration exponentially increases its ability to secure desired jobs and capital investment at the loca...

Perennial CEO favorite Texas topped Chief Executive’s Best State for Business list in 2022 for the 18th consecutive time.
“This important milestone is a testament to Texas’s strong and enduring reputation among the nation’s business leaders,” said Robert Allen, president and CEO of the Texas Economic Development Corporation after the ranking...

In Texas, a state that encompasses 268,597 square miles — more territory than the country of France — a network of more than 313,000 miles of public highways helps stitch together an impressive economic network.
The thousands of miles of highway in Texas represent billions of dollars in economic impact. Withou...

With the demand for health care professionals increasing, physician assistants (PAs) are in demand now more than ever. PAs are medical professionals who diagnose illness, develop and manage treatment plans, prescribe medications, and may serve as a patient’s principal health care provider.
On 16th May 2022 guests and dignitaries cut th...

Texas’s Export Trade Up 49% In March 2022
Jun 10 2022AUSTIN — Texas reported a more than 49% increase in export trade in March 2022 over the same month last year and exceeded the year-to-date 2021 trend by more than 40% — according to data from the Bureau of Economic Analysis (BEA) released May 4.
In March 2022, Texas reported expor...

Are you completely new to the world of search engine optimization (SEO)? Or, are you an old pro launching a new campaign? If so, you're going to be excited about the prospects of ranking first in Google for a given keyword or phrase. It's an important foundational achievement to se...

Location, Location, Location: Where You Locate Your Startup Might Be As Important As The Timing
Jun 6 2022We all know the failure rate of startups: about 90% over five years. And we know Silicon Valley might still be the dominant location in the United States for starting technology companies. Perhaps that is due to the venture capitalists’ insistence that companies they fund be in or move t...

Crunch Time in the Construction Industry
Jun 3 2022It’s no news that lingering supply chain disruptions and inflationary pressures have forced project teams across the U.S. to shake up their procurement and delivery processes. The projects of today are rife with risk, as supplied materials’ lead times and pricing have proven to be no longer as reliable a...

The way businesses in the industrial sector approach hiring new employees has changed. Companies can no longer rely on posting a job ad and sitting back to wait for resumes to flood in. With unemployment rates at an all-time low after the advent of the Great Resignation, the best candidate...

Even though the FTZ program was created in 1934, its relevance today is huge. After the year 2002, when Customs allowed for weekly entry (which greatly increased the demand for zones in warehouse and fulfillment centers), the FTZ program entered an even more lucrative incentive profile.
This profile is enhanced b...

Companies receiving economic development incentives often have a great story to tell. The projects championed by those companies bring much needed jobs and investment to a local community. In exchange, the companies may receive various forms of economic development incentives, such as grants, tax credits, or loans. However, these incentive...

Area Development’s staff editor Mark Crawford recently asked Ericsson’s Dan Kerber, vice president of digital services business operations for North America — who helps companies improve their financial and operational metrics through improved resource management processes — about his thoughts on leadership, especially the need for “soft skills” during th...

Hybrid and remote work has become a mainstay since 2020. While there is a desire to be back in the office, there’s also a desire to work from home on an ad-hoc basis. Despite negative perceptions of remote work, employees generally work just as effectively at home as they d...

5 Steps to Creatively Solving Business Problems
May 10 2022Being creative in a business environment comes easy for some, but for most of us, it is challenging to come up with innovative and unique solutions to our most pressing problems.
It's typically easy to see why a problem occurred or even suggest what everyone else should do to solve th...

Entrepreneurship is a tough road that can travel through some dark places. After some initial success, many entrepreneurs find themselves stuck and confused, in a place where they question who they are, where their business is going or when they’ll get there. Some are surrounded by self-imposed walls they’ve buil...

Entrepreneurs Are Happier And Healthier Than Employees According To University Research Studies
May 3 2022Chances are, you will work for a living to build a career and potentially gain some level of happiness in the process. Oh, and you obviously would like to be and remain healthy. One of the issues gaining a lot of national attention today is people’s mental health. That's grea...

Landing pages are one of the most important elements of lead generation. The use of landing pages enables organizations to direct website visitors to targeted pages and capture leads at a much higher rate. Here are some statistics worth noting:
Addressing buyer concerns on landing pages increases conversions by up t...

Texas’s Energy Sector Goes Beyond Oil And Gas
Apr 21 2022If Texas were a country — and many of us feel like it already is — it would rank fourth in the world for crude oil production, behind the United States, Russia and Saudi Arabia.
Overall, Texas reigns as the No. 1 state for energy production, with the energy sector value...
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The Midland Entrepreneurial Challenge 2021 - Fostering enterprise, rewarding innovation!
Apr 20 2022Initiated in 2017 and administered by the University of Texas Permian Basin, the Midland Entrepreneurial Challenge has since been an annual event that functions to identify and nurture new businesses in Midland through a rigorous process of business plan creation, market research, and financial training. Every year, businesses are selecte...

Governor Abbott Touts Texas Economic Exceptionalism At “Why Texas?” Fireside Chat In Austin
Apr 6 2022Governor Greg Abbott today touted the Lone Start State's booming economy and world-class, diverse workforce during the "Why Texas?" fireside chat on economic development in Austin. The Governor was joined by Rex CEO, Peter Rex, and the discussion was hosted and moderated by Texas Economic Development Corporation (TxEDC) President an...

AUSTIN, Texas — Texas started off strong in the first month of 2022 with gains of 29,000 total non-agricultural jobs in the first month of 2022, exceeding the previous record employment level set in December 2021 by reaching more than 13 million jobs, the Texas Workforce Commission reported Friday.
Texas ha...

Investors are busy people, and many have seen thousands of pitch decks in their careers. They ultimately choose to invest in very few, however, regardless of how interesting some might seem to the average person. The truth is that a good idea isn’t enough; it’s only part of the equation...

Profile of the Consultants Survey Respondents
At least 80 percent of those responding to our 17th annual Consultants Survey work with manufacturers of durable goods, with some of these consultants also working with other manufacturers, and three quarters are working on distribution/logistics projects. Nearly half represent clients in data processing/computer-related sector...