State of the States 2025
6 Jan 2025
News
Well, it’s been quite a year. And as far as state economic development policies and news go, it’s about to be quite another year.
Looking back and looking forward, among the themes to emerge across the 50 state legislatures are workforce housing, streamlining of permitting, child care, infrastructure and shovel-ready site development, tax reductions, career and technical education and more funds directed toward K-12 education and teacher pay.
In the following pages, you’ll find demographic, GDP and credit rating data insights, legislative and policy updates, agency information, governor quotes and, in some cases, “Project Watch” spotlights* that shed light on the economies, workforce and business climates of all 50 states. You’ll also find our “Rankings that Matter,” which include each state’s rank in the following economic development yardsticks:
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Manufacturing Making Inroads in Royse City
Oct 11 2024The Royse City, TX Community
Royse City is home to a growing number of young professionals and families. The average age within the city is 32 years old, and the educational attainment is higher than the national average. This has led to a population that is active, educated, and earns around $90,000 per year - far more than the national average. With 15,000 new homes in some stage of development, the city’s growth is expected to continue for some time. As it does, investments are being made in parks and recreation and the local school district.
Housing Costs Less
Abundant Shopping
Low Cost of Living
Open Spaces