America has made over $166 billion in capital investments in 2015, a ten percent growth from the prior year. With nearly a third of the inputs coming from Texas, Dallas based real estate investor Marcus Hiles considers his state has not only displayed the possibility for sustained long-term economic growth, but has also become imperative to the successes of the American economy. As Chairman and CEO of Western Rim Properties, Hiles has reviewed the market for more than thirty years in the journey of making rewarding, strategic property acquisitions. Overall, U.S. capital investment rose $16 billion from 2014; according to a report from multinational firm Ernst & Young. Texas clocked $48.3 billion in business financing, which positioned first in the country, and the Gulf Coast states who are conventional 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 extremely well in the financial, technology, and professional service fields, as shown by their 38,400 mobile project jobs, the top number in the nation.
Texas Has Displayed the Potential For Sustained Long-term Economic Growth – Marcus Hiles