Tuesday, September 5, 2017

Texas Ranks #1 for Foreign and Domestic Job Creation

Global Location Trends: 2017 Annual Report

Texas ranks No. 1 for job creation by foreign and domestic investment projects, according to IBM's 2017 Global Location Trends report. The annual report, which monitors trends in corporate location selection around the world, reports that global foreign direct investment levels increased significantly in 2016, by approximately 10 percent, measured by the number of jobs created.

Texas tops the list of U.S. states with approximately 28,000 jobs added as a result of foreign and domestic investment announced in 2016, followed by Illinois with 23,500 jobs and Florida with 22,300 jobs. Canada, Germany, Japan, the Netherlands and Italy represented the top five countries for investment in the Lone Star State last year. Tourism, Wholesale & Retail, ICT, Chemicals and Logistics were the  state's top five sectors for investment. CLICK HERE to download the full report.