comptroller seal Texas Comptroller of Public Accounts

FOR IMMEDIATE RELEASE

July 5, 2018

Fiscal Notes: State Economy Depends on Women's Success

(AUSTIN) —In the June/July issue of Fiscal Notes, released today, the Comptroller's office profiles the results of a study completed for Texas Comptroller Glenn Hegar's Good for Texas Tour: Women in the Workforce Edition.

Women hold nearly half of the jobs in Texas, and every dollar they earn supports about $2 in wages throughout the state.

"Women are not just workers, they're entrepreneurs and, increasingly, corporate leaders," Hegar said. "In the last 20 years, Texas women have started businesses at a greater rate than in the nation as a whole, and today they own nearly a million Texas businesses, despite hurdles such as difficulties in finding startup capital."

June/July Fiscal Notes also looks at the state contracting process. As of last December, state government was managing contracts worth more than $250 billion. In recent years, some high-profile failures in this process have spurred the Legislature to make important reforms.

Fiscal Notes is available online and also can be received by subscribing via the Comptroller's website.

Fiscal Notes helps promote and further explain the Comptroller's constitutional responsibility to monitor the state's economy and estimate state government revenues. It has been published since 1975, featuring in-depth analysis concerning state finances and original research by subject-matter experts in the Comptroller's office.