Journal Article

Globalizing Texas: direct investment and business cycles

Abstract: Hundreds of foreign companies, employing almost 400,000 workers, have put down roots in Texas. The highest concentration of jobs is in manufacturing, but more foreign firms are finding their way into services. ; Early this decade, Texas exceeded the nation in attracting foreign direct investment (FDI) assets, but the state has since lost its edge. Its FDI-related employment as a share of overall jobs ranks in the middle of the pack. ; In the September/October issue of> Southwest Economy, an article on globalizing Texas focused on export growth and related employment, including jobs in high tech. Analyzing foreign investment in the state offers further insight into the Texas economy in an era of rapid globalization.

Keywords: Mexican-American Border Region - Economic conditions; Globalization; Economic conditions;

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Southwest Economy

Publication Date: 2007

Issue: Nov

Pages: 11-13

Order Number: 6