Growth on the Horizon

By Jimi Coplen, DCOH Executive Director

Did you know Texas has the second-largest state economy in the United States? With a gross state product of $1.706 trillion (2017) the size of its economy is only surpassed by California. If Texas were a country, it would represent the 10th-largest economy in the world in terms of GDP (gross domestic product). According to Forbes, 100 of the 1,000 largest public and private companies in the U.S. are based in Texas, including giants like AT&T, ExxonMobil, and Dell.

The growth in Texas has been somewhat slow to hit the rural areas, but it is coming. Haskell’s local sales tax has been on the rise since March with this past month weighing in at a 29% increase.  We hope to continue this trend the remainder of the year and into next year. Haskell has several big projects underway that will help:  a Kent Kwik Truck Stop is currently under construction at the intersection of 277/380 with a slated opening of Dec. 2018. The Rolling Plains Detention Center is reopening in September under new ownership and management. A large, one-of-a-kind museum is being built in Haskell.  The new RV Sales Center continues to grow. And, there are new retail stores and offices in the downtown square. There are also other new developments we can’t tell you about just yet.

If you have ever considered investing in a new business, now is the time. There are prime locations up and down highway 277.  (Highway 277 runs north and south across Texas and into Oklahoma, spanning 633 miles.) Traffic counts have continued to increase, and we will see more of this as the truck stop is discovered by travelers.  If a by-pass is ever built around Anson, we can expect those numbers to rise even more.

Haskell is in a great location for growth. The DCOH is working hard to market the community as a viable place for new businesses to succeed as well as the expansion of existing businesses. Let’s keep this momentum going. Stop by the DCOH office to discuss any ideas you might have and I will see how we can help. As always, you can call 940-864-3424 for more information.