{"id":43404,"date":"2021-02-08T11:00:00","date_gmt":"2021-02-08T11:00:00","guid":{"rendered":"https:\/\/wordpress2.hdnweb.com\/2021\/02\/08\/texas-leads-the-nation-as-no-1-state-in-exports-for-19th-consecutive-year\/"},"modified":"2021-02-08T11:00:00","modified_gmt":"2021-02-08T11:00:00","slug":"texas-leads-the-nation-as-no-1-state-in-exports-for-19th-consecutive-year","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2021\/02\/08\/texas-leads-the-nation-as-no-1-state-in-exports-for-19th-consecutive-year\/","title":{"rendered":"Texas leads the nation as No. 1 state in exports for 19th consecutive year"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">AUSTIN, Texas<\/span>, <span class=\"xn-chron\">Feb. 8, 2021<\/span> \/PRNewswire\/ &#8212; <span class=\"xn-location\">Texas<\/span> ended 2020 as the No. 1 exporting state in <span class=\"xn-location\">the United States<\/span> for the 19<sup>th<\/sup> consecutive year, more evidence of the strength and resilience of the state&#8217;s economy, said <span class=\"xn-person\">Robert Allen<\/span>, president and CEO of the Texas Economic Development Corporation.<\/p>\n<p>&#8220;<span class=\"xn-location\">Texas<\/span> has developed a remarkable track record of economic achievement,&#8221; Allen said. &#8220;<span class=\"xn-location\">Texas<\/span> is and has been the No. 1 exporting state in the nation, the best state business climate, and the world&#8217;s ninth largest economy. Even with all the challenges we faced in 2020, we are still outpacing the competition in exports \u2014 handily, I might add \u2014 that&#8217;s a really good sign.&#8221;<\/p>\n<p>With <span class=\"xn-money\">$279 billion<\/span> in export trade in 2020, <span class=\"xn-location\">Texas<\/span> continues to lead <span class=\"xn-location\">the United States<\/span> as it has for the past two decades. <span class=\"xn-location\">Texas&#8217;<\/span> 2020 exports were larger than the sum total of goods exported by the next three largest export states \u2014 <span class=\"xn-location\">California<\/span> with <span class=\"xn-money\">$156 billion<\/span> in exports, <span class=\"xn-location\">New York<\/span> with <span class=\"xn-money\">$61.9 billion<\/span> and <span class=\"xn-location\">Louisiana<\/span> with <span class=\"xn-money\">$59.6 billion<\/span>, Allen said. <\/p>\n<p><span class=\"xn-location\">Texas<\/span> is also the No. 1 exporting state of technology products for the eighth consecutive year as well, according to the U.S. Census Bureau, with <span class=\"xn-money\">$44.8 billion<\/span> in exports. <span class=\"xn-location\">California<\/span> was in second place with <span class=\"xn-money\">$37.5 billion<\/span> in exports.<\/p>\n<p>The U.S. Bureau of Economic Analysis released 2020 export data on <span class=\"xn-chron\">Feb. 5<\/span>. This data shows the pandemic had a negative effect on exports across the nation in 2020, but a combination of factors that sustain <span class=\"xn-location\">Texas&#8217;<\/span> economy helped it retain its top spot on the list of exporters by state. <\/p>\n<p>&#8220;Those factors include <span class=\"xn-location\">Texas&#8217;<\/span> pro-business climate of low taxes and reasonable regulations, its economic diversity, the second largest workforce in the nation, and its award-winning infrastructure \u2014 among many others,&#8221; Allen said.<\/p>\n<p><span class=\"xn-location\">Texas&#8217;<\/span> strong record of economic strength \u2014 even during times of national recession \u2014 should be reassuring to corporate decision-makers considering <span class=\"xn-location\">Texas<\/span> as the place to relocate or expand their businesses, Allen said.<\/p>\n<p>&#8220;<span class=\"xn-location\">Texas<\/span> will continue to grow,&#8221; he said. &#8220;People say, &#8216;Everything&#8217;s bigger in <span class=\"xn-location\">Texas&#8217;<\/span> because it is. That&#8217;s the way <span class=\"xn-location\">Texas<\/span> thinks.&#8221;<\/p>\n<p>The Texas Economic Development Corporation (TxEDC) is an independently funded and operated 501(c)(3) nonprofit organization dedicated to economic development, business recruitment and job creation in the state of Texas. The public-private partnership of TxEDC and the Governor&#8217;s Office of Economic Development and Tourism markets Texas as a premier business destination to let corporate decision- makers and site selection consultants know that they can Go Big in Texas. For more information about TxEDC, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3061107-1&amp;h=2591137443&amp;u=http%3A%2F%2Fwww.gobigintexas.com%2F&amp;a=www.GoBigInTexas.com\" rel=\"nofollow\">www.GoBigInTexas.com<\/a>. <\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY73090&amp;sd=2021-02-08\"\/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/texas-leads-the-nation-as-no-1-state-in-exports-for-19th-consecutive-year-301223999.html\">http:\/\/www.prnewswire.com\/news-releases\/texas-leads-the-nation-as-no-1-state-in-exports-for-19th-consecutive-year-301223999.html<\/a><\/p>\n<p>SOURCE  Texas Economic Development Corporation<\/p>\n<\/div>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY73090&amp;Transmission_Id=202102081100PR_NEWS_USPR_____NY73090&amp;DateId=20210208\" style=\"border:0px; width:1px; height:1px;\"\/> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">AUSTIN, Texas<\/span>, <span class=\"xn-chron\">Feb. 8, 2021<\/span> \/PRNewswire\/ &#8212; <span class=\"xn-location\">Texas<\/span> ended 2020 as the No. 1 exporting state in <span class=\"xn-location\">the United States<\/span> for the 19<sup>th<\/sup> consecutive year, more evidence of the strength and resilience of the state&#8217;s economy, said <span class=\"xn-person\">Robert Allen<\/span>, president and CEO of the Texas Economic Development Corporation.<\/p>\n<p>&#8220;<span class=\"xn-location\">Texas<\/span> has developed a remarkable track record of economic&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-43404","post","type-post","status-publish","format-standard","hentry","category-geovanny-vicente"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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