Why are manufacturing corporations moving to Texas?
Well, they might want to move here for many reasons:
- a large labor force
- pro-business state
- the existence of huge distribution hubs (shipping, air, rail)
- relatively low cost-of-living
- close to a large market
But, which reason is the one they are most concerned with?
You named it all I think. Also, there is plenty of space to expand and build new facilities. It is pro-business. We have an immigrant (officially legal, but most likely not) labor force that does not unionize or require benefits packages.
Is there evidence that manufacturing corporations moving to Texas? Or are they perhaps not getting off in Texas and continuing across the Rio Grande River to Mexico? The weaker U.S. Dollar is making it more cost competitive to manufacture within the U.S. and the drug war in Mexico is making all business done in Mexico more risky and less appealing.
Throughout the economic downturn of the Recession of 2008 - 2010, much of Texas seemed untouched by increased Unemployment figures and increased Poverty Rates in counties and Workforce Development Areas. Jobs increased by 50% from 2006 to 2009 and another 50% from 2010 to 2012. read more
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