Marchant Speaks on Importance of High-Tech Trade for Texas

Congressman Kenny Marchant (TX-24) spoke today at the unveiling of a new TechAmerica Foundation report, which highlights the importance of technology trade and the benefits it brings to our nation. According to the report, Texas has now overtaken California as the nation’s leading tech exporting state.

Marchant issued the following statement regarding the report:

“America’s high-tech sector is an innovation powerhouse and one of the fasting growing elements of global trade. By plugging into international markets, America experienced high-tech export growth in 32 states between 2011 and 2012. Texas now exports more high-tech products – at a value of $45.1 billion in 2012 – than any other state in the country. One key tech hub of that growth is Dallas-Fort Worth, the area I am fortunate to represent in Congress.

“High-tech exports – from microchips to jet engines – play a crucial role in creating new jobs, growing the most dynamic parts of our economy, and placing America in a leading position to shape the tech-based future. TechAmerica’s report provides evidence of just how the tech sector is benefiting real people and real jobs across our nation.