Texas Economic Development Corporation
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The Texas Economic Development Corporation (TxEDC) is an independently funded & operated 501(c)(3) nonprofit responsible for marketing & promoting Texas as a premier business location, along with the Governor’s Office of Economic Development and Tourism. Through a robust program of national and international investment attraction missions, industry events, media relations, advertising and other s
04/13/2026
Texas vs. New York: Which State Leads for Business Growth?
When businesses weigh relocation or expansion opportunities, they often ask: How does Texas compare to other states, such as New York?
Well, let’s take a look:
- Energy Reliability
Texas isn’t just an energy leader; it’s the nation’s energy engine.
The state produces more than twice as much electricity as the next-largest state and operates a self-contained power grid managed by the Electric Reliability Council of Texas (ERCOT).
That independence allows for greater flexibility, competitive pricing, and innovation in energy production, a major advantage for manufacturers, data centers, and other power-intensive operations.
While Texas continues strengthening its grid resilience, its scale and capacity remain unmatched in the U.S.
New York, managed by the New York Independent System Operator (NYISO), demonstrates good reliability planning. However, its interconnected grid operates under stricter regulatory frameworks and narrower reserve margins.
Decision: If your business demands large-scale, high-capacity power infrastructure and values flexibility, Texas is the reliable option.
- Land Availability
When it comes to space to grow, Texas stands alone.
Ranked #1 in the nation for site availability, Texas offers extensive shovel-ready industrial parks, pro-growth zoning, and unmatched scalability. Texas provides the land, infrastructure, and speed-to-market that global companies need to compete and expand.
In contrast, New York’s land market tells a different story: in key counties, the average price exceeds $6 million per acre, reflecting intense scarcity of development-ready land and high competition.
Decision: If size, scalability, and speed-to-market are key, Texas has the advantage of being top-ranked for site readiness, scale, and speed-to-market
What's the verdict?
While both states bring unique perspectives, when it comes to energy capacity, infrastructure investment, and room to grow, Texas continues to set the standard for business expansion.
From global manufacturers to tech innovators, companies continue choosing Texas for its reliability, resources, and room to grow.
Bigger. Better. Texas.
Check out our blog post on why NYSE announced plans to launch NYSE Texas here: https://lnkd.in/gMYEK8bM
🎾💍 Love All in Austin! 🎾💍
At the Texas Economic Development Corporation, we’re proud to support our investors in many ways—but this might be one of our favorites yet!
Recently, we had the pleasure of helping TxEDC Investor Carlos H. Garza with the Port of Brownsville - Texas plan a very special moment. Carlos wanted to propose to his fiancée, Claudia, during the ATX Open, and once we helped connect him with the tournament team, it was truly off to the races.
The ATX Open team went above and beyond by staging an audience Q&A moment that turned into an unforgettable proposal on court.
Carlos shared that he had reached out to several tennis tournaments across the country, but ATX Open was the first to respond and help plan everything from start to finish.
At TxEDC, we don’t just work every day to ensure everyone knows Texas is the #1 state for business—sometimes we get to help Texans create moments they’ll remember for a lifetime.
Congratulations, Carlos and Claudia! Wishing you guys a lifetime of happiness. 🤍
Check out ATX Open's post here: https://lnkd.in/gVgbrRJV
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PO Box 684702
Austin, TX
78768
Opening Hours
| Monday | 8:30am - 5pm |
| Tuesday | 8:30am - 5pm |
| Wednesday | 8:30am - 5pm |
| Thursday | 8:30am - 5pm |
| Friday | 8:30am - 5pm |
