Texas Rising November/December 2008

Texas Weathers Economy

The Financial Times of London ranked Texas the top U.S. state in its ability to weather current economic challenges. The newspaper cited Texas’ employment growth rate, personal income growth rate and low home foreclosure rate as reasons for ranking the state at the top of the list.

The Lubbock Chamber of Commerce has been named Chamber of the Year by the American Chamber of Commerce Executives.

Texas ranked first in the nation for its business climate in an October 2008 survey of corporate real estate executives.

States Boasting Best
Business Climate

  1. Texas
  2. North Carolina
  3. Georgia
  4. Florida
  5. Alabama

Source: Site Selection magazine survey of corporate real estate executives, October 2008

Lubbock Chamber Wins
National Award

Chamber of the YearLubbock Chamber of CommerceLubbock, Texas
FinalistBowling Green Area
Chamber of Commerce
Bowling Green, KY
FinalistOak Ridge Chamber of CommerceOak Ridge, TN

Source: American Chamber of Commerce Executives

Top States Weathering the Economy

Personal Income
(Annual Growth Rate)
StateEmployment
(Annual Growth Rate)
5.8%
Texas
1.6%
4.9%
North Dakota
 
0.7%
5.3%
South Dakota
 
0.6%
5.2%
Wyoming
1.6%
4.9%
Utah
1.1%

Source: The Financial Times of London, October 2008.


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