News & Resources
News Articles
Data recently shared from the Bureau of Economic Analysis showed that the Midland MSA is leading in several areas.Per-capita personal income in Midland, TX jumped from $123,682 in 2021 to $143,516 in 2022. The national average in the US is $65,470. Coming second and third to our city are San...
What makes a state a great place to do business? Let us count the ways.There are more than a dozen factors that enterprises find are important to their success — and, in particular, vital considerations as they decide where to locate, relocate or expand. These factors influence various aspects of...
New sidewalks, bikeways and other types of infrastructure will help improve safety and enhance quality of life in Texas communities with approval by the Texas Transportation Commission of more than $345 million for projects across the state.The funding will go towards 83 projects that will improve access while providing safety...
Governor Greg Abbott today approved the Texas Workforce System Strategic Plan for fiscal years 2024–2031. Developed by the Texas Workforce Investment Council, “Accelerating Alignment: Texas Workforce System Strategic Plan for Fiscal Years 2024–2031” guides the state’s workforce system partners in the administration of training and development programs that promote the...
Fresh from winning its 11th consecutive Governor’s Cup for total capital investment projects earlier this year, Texas is finishing 2023 with top billing in Site Selection’s annual ranking of state business climates. The ranking is based on 10 criteria, including a survey of corporate site selectors, qualified projects logged in...
Governor Greg Abbott today celebrated Texas being named the Top Business Climate in the nation by Site Selection Magazine. Announced during a press conference at the Governor’s Mansion in Austin, this is the third national best business climate ranking for Texas this year, with awards announced in June and September.“Today,...
What makes a state a great place to do business? Let us count the ways.There are more than a dozen factors that enterprises find are important to their success — and, in particular, vital considerations as they decide where to locate, relocate or expand. These factors influence various aspects of...
.png)
2023 has been a great year for Midland, TX in terms of growth, workforce, and labor. The U.S. Bureau of Labor Statistics reported that the Midland MSA has led the nation for the past 8 months in percentage gains in employment.For 8 months in a row, Midland has topped other...
Governor Greg Abbott today celebrated the strength of our state’s manufacturing sector and the role it plays in growing our economy and creating new jobs in communities across Texas by proclaiming October 2-9, 2023 as Manufacturing Week in Texas. “Texas remains an economic powerhouse and continues to set new records for...
The Midland Development Corporation collaborates with the Small Business Development Center, UT Permian Basin, and local government and businesses to present the Midland Entrepreneurial Challenge, an annual business challenge competition that is overseen and operated by UTPB. This serves as an opportunity for entrepreneurs and business owners to participate in...
Technology companies are expanding throughout the country, but as non-traditional industries, it can be difficult for economic developers to understand how to best leverage those relationships. Bethany Quinn, Vice President of Strategy & Content Development for Golden Shovel Agency, sat down with technology executives to discuss how they see their...
Governor Greg Abbott today celebrated Texas being named the nation’s best business climate in a triennial survey conducted by Development Counsellors International (DCI) and announced at the International Economic Development Council Annual Conference in Dallas.“Texas is No. 1 again, thanks to hardworking Texans and endless possibilities for success across our...
From public roads to transmission lines, from water pipelines to broadband access, the elements of Texas’ infrastructure are the bones that support its sturdy economy; its pro-business bona fides rely on strong infrastructure to support 30 million (and growing) Texans where they live, work and play. Given the high stakes,...
The skilled trades are at a pivotal moment in time. More than a decade of understaffing issues remain unresolved as the Great Retirement looms, and current economic uncertainty is shifting budget priorities away from workforce development at many organizations. As for the next decade, the U.S. Bureau of Labor (BLS)...
According to the Bureau of Labor Statistics most recent report released on March 10, 2023, the unemployment rate for March was 3.5 percent. The unemployment rate has hovered at this level over the last 12 months, ranging between 3.5 percent and 3.7 percent, except for in January 2023 where it...
Governor Greg Abbott today announced a Skills Development Fund (SDF) grant award of $132,794 to Texas Southmost College by the Texas Workforce Commission (TWC). Through this SDF grant, Texas Southmost College will provide training to upskill more than 130 employees of Rich Products Corporation in relevant industry areas like programmable...
Governor Abbott today celebrated Texas’ record-shattering jobs economy and the role small businesses play in keeping Texas a national economic leader at the Governor’s Small Business Summit in McAllen.
Read the complete article here.
As the Texas population continues to boom, TxDOT is drafting a record-breaking 10-year transportation plan and now the public is invited to weigh in on the projects proposed in their communities.
To help guide transportation projects over the next decade, TxDOT is seeking public input on the draft 2024...
First Lady Cecilia Abbott and Secretary of State Jane Nelson today announced that they will lead an economic development mission to Germany, the United Kingdom, and France, organized by the Governor’s Office of Economic Development and Tourism and the Texas Economic Development Corporation. The Texas delegation will depart tomorrow, July...
Governor Greg Abbott today announced that the U.S. Small Business Administration (SBA) approved his request for a disaster declaration for Northwest Texas communities affected by severe flooding caused by heavy rainfall that began on May 27. Potter County and neighboring Armstrong, Carson, Deaf Smith, Moore, Oldham, and Randall counties are...
If you want to gain a competitive edge in the race to hire talent, you may want to consider doing what many American workers have already done: Move out of the big city.
What many thought was just a blip during the COVID-19 pandemic — people fleeing big cities...
We like to say Texas is the best state in the union, so it makes sense that state agencies want to hire and keep the best employees. State government is Texas’ largest employer, with more than 137,000 full-time employees (FTEs) in state agencies and another 190,000 FTEs in institutions of...
If you want to gain a competitive edge in the race to hire talent, you may want to consider doing what many American workers have already done: Move out of the big city.
What many thought was just a blip during the COVID-19 pandemic — people fleeing big cities...
The City of Midland and Midland County have taken a big step in re-establishing the Midland Spaceport Corporation. The reestablishment of the board will enable Midland to be eligible for funding from the State of Texas for aerospace economic development and can be used for additional infrastructure at the Midland...