Governor Abbott praises Texas’s unmatched economic landscape at Nasdaq luncheon, as Nasdaq establishes regional headquarters in Dallas and strengthens the state’s business ties

Dallas, Texas – At a distinguished luncheon hosted by Nasdaq, Inc. in Dallas, Governor Greg Abbott highlighted the robust economic achievements of Texas, crediting the state’s success to its dynamic business environment and influential leaders like entrepreneur Ross Perot Jr. The event not only served as a platform to honor Mr. Perot’s significant contributions but also marked an announcement by Nasdaq about establishing a regional headquarters in Texas.

Governor Abbott, addressing a gathering of entrepreneurs, business executives, and economic development advocates, detailed the decade-long surge in Texas’s financial sector.

“We’ve seen an acceleration over the past decade in the growth of the financial sector in Texas,” Governor Abbott said. “And that growth continues today, with Nasdaq announcing its going to have a regional headquarters here in the great state of Texas.”

He praised Texas’s diverse economic landscape, declaring it unmatched across the United States.

“There is not a more diversified state economy anywhere in the United States of America, and that is because of leaders like Ross Perot Jr.,” Abbott added. “Texas has become the home of capital of the United States, and now it is just a natural evolution for Texas to become the home of capital markets in the United States. Texas truly is the epicenter of business in the United States.”

The luncheon also provided a moment to reflect on Texas’s status as a powerhouse in job creation and business, with Governor Abbott highlighting the state’s ranking as the number one state for job creation and the Best State for Business. With an economy larger than most countries, boasting a GDP over $2.6 trillion, Texas ranks as the eighth largest economy globally.

In a gesture of appreciation for his leadership and vision, Governor Abbott was presented with the Nasdaq, Inc. Appreciation Crystal following his remarks. This honor underscored the close ties between Texas and major economic players like Nasdaq, which are essential to the state’s continued economic expansion.

The event was further dignified by the presence of notable figures such as The Perot Group Chairman Ross Perot Jr., Nasdaq, Inc. Chair and CEO Adena Friedman, and Nasdaq, Inc. Executive Vice Chairman Ed Knight. Each played a pivotal role in fostering a business-friendly environment that has attracted numerous enterprises to the state.

In 2023, Governor Abbott had the honor of ringing the Nasdaq closing bell during a virtual ceremony, a celebratory act marking Texas’ economic milestones and achievements under his administration. This tradition not only commemorated past successes but also set the stage for future growth and prosperity in Texas’s vibrant economy.

The collaboration between state leadership and influential economic entities like Nasdaq continues to propel Texas to the forefront of national and global economic discourse, reinforcing its position as a beacon of opportunity and prosperity in the modern American landscape.