Marcus Hiles On the Economic Success of Texas

U.S. has received over $166 billion in capital investments in 2015, a ten percent increment from the earlier year. With nearly a third of the revenue coming from Texas, Dallas based real estate investor Marcus Hiles observes that his state has not only displayed the possibility for sustained long-term economic growth, but has also become fundamental to the successes of the American economy. As Chairman and CEO of Western Rim Properties, Hiles has analysed the market for more than thirty years in the endeavor of making meaningful, planned property acquisitions. Mostly, U.S. capital investment rose $16 billion from 2014; as per a report from multinational firm Ernst & Young. Texas earned $48.3 billion in business financing and stood first in the country, and the Gulf Coast states who are established leaders in the energy industry, brought the highest number of investors for the fifth year in a row. Forty percent of the funds were granted to chemical manufacturing facilities, and seventy percent of those were fresh, liquefied natural gas export compounds. The Lone Star State also did very well in the financial, technology, and professional service fields, as proven by their 38,400 mobile project jobs, the top number in the nation.

Read more: http://www.marketwatch.com/story/marcus-hiles—-responds-to-texas-role-as-number-one-in-the-country-for-capital-investments-2016-09-18-51603013