Marcus Hiles Explains the Role of Texas in America’s Booming Economy

U.S. has obtained over $166 billion in capital investments in 2015, which is a ten percent gain from the previous year. As almost a third of the revenue comes from Texas, Dallas based real estate investor Marcus Hiles affirms that his state has not only offered the possibility for continuous long-term economic growth, but has also become a critical part to the successes of the American economy. As Chairman and CEO of Western Rim Properties, Hiles has scanned the market for more than thirty years in the attempt of making notable, planned property acquisitions. Also, U.S. capital investment rose $16 billion from 2014; as per a report from multinational firm Ernst & Young. Texas made $48.3 billion in business financing and stood first in the country, and the Gulf Coast states who are usually expected leaders in the energy industry, pulled the highest number of investors for the fifth year in a row. Forty percent of the funds were disseminated to chemical manufacturing facilities, and seventy percent of those were new, liquefied natural gas export compounds. Texas also performed well in the financial, technology, and professional service fields, as proven by their 38,400 mobile project jobs, the greatest in the nation.

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One of the Lone Star State’s most prominent business leaders is using his influence to take a stand for underserved youth. Marcus Hiles, CEO of Western Rim Property Services, strongly supports the right for every student to receive a high quality education, regardless of his or her family’s socioeconomic status. Hiles put a plan into action, purchasing over 3,000 backpacks – also filling them with binders, pencils, note cards and other school supplies – and personally donated them to children in need throughout the Dallas/Forth Worth area.

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