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Texas Job Growth Essay

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Export growth can indeed lead to job creation, particularly in manufacturing industries that produce goods for export. When Texas businesses sell more products abroad, they may need to hire more workers to keep up with demand, leading to job growth in those industries. Continuing to diversify Texas’s economy can reduce its vulnerability and create new opportunities for growth and development.
International trade can provide many benefits to Texas businesses, including access to new markets and customers, which can help them expand their reach and increase their profits. By exporting their products or services to other countries, Texas businesses can tap into new sources of demand and diversify their customer base. Peter Goodman, from the New York Times, claims that Laredo is the future of global trade in Texas. He goes on to explain …show more content…

“Goods traded between the United States and Mexico in 2021 exceeded $660 billion, an increase of nearly one-fifth from the previous year, according to U.S. census data. Trade expanded at a similar clip last year, according to available data. Adding to the urgency is the widely held assumption that this is merely the beginning of what could be decades of growth in trade between the two neighboring countries, as American retailers seek suppliers in the same hemisphere as their customers.”4 Texas and Mexico have a long-standing economic relationship that has been beneficial for both sides. The state of Texas shares a 1,254-mile border with Mexico, making it the largest land border crossing in the world. This proximity has led to a strong trade relationship between the two. Trade with Mexico has been an important economic factor for growth and opportunity in Texas, particularly in the state's border regions.

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