People are moving to Texas, and businesses are building new facilities. That rapid growth is straining resources, particularly water. According to a new report, Texas must invest $154 billion over the next 50 years in new water supply and infrastructure—critical needs to support the state’s expanding population and booming industries. The report from Texas 2036, a nonpartisan public policy think tank, highlights the urgency of this investment. Without reliable water infrastructure, Texas could face the loss of a million jobs and more than $160 billion in economic impact over the next five decades. The report underscores a stark reality: a comprehensive, sustainable funding strategy for water is necessary to keep Texas economically resilient and competitive. Investment Needs The 2022 Texas Water Plan and US EPA initially estimated that Texas would need $132 billion in water infrastructure investments over the next 50 years. However, Texas 2036 has adjusted this figure for inflation, raising the projected cost to $154 billion. While state and federal programs—such as the State Water Implementation Fund for Texas (SWIFT) and the newly established Texas Water Fund—are expected to provide around $40-45 billion in financial support over the coming decades, a significant long-term funding gap persists.   Click to expand Texas 2036 graphic showing cost estimate for water infrastructure needs Dual Challenges According to the report, Texas faces two challenges. First, the state must develop a broad, diversified water supply portfolio to meet the demands of a rapidly growing population and economy while strengthening resilience to future droughts. The water supply gap poses additional risks to the state’s electricity generation, as low water levels during droughts could limit power from natural gas, nuclear and coal plants. Second, aging and deteriorating drinking water and wastewater systems. Over the past five years, nearly 3,000 boil water notices have been issued annually, leaving communities without reliable water service.  Impact on Industries A severe, prolonged drought would have widespread effects on industries across Texas. Manufacturing, a key driver of the state’s economy, is one example.  The top five manufacturing regions—Dallas-Fort Worth, the Greater Houston area, East Texas (Beaumont, Tyler, Lufkin), Central Texas (College Station, Temple, Waco), and South Central Texas (San Antonio, Victoria)—together account for 82% of the state’s manufacturing GDP and 77% of its manufacturing jobs. According to research from Rice University’s Baker Institute for Public Policy, within the next 20 years, these regions could face nearly $20.8 billion in lost manufacturing GDP and over 116,000 job losses due to water shortages during a drought of record. The potential economic fallout underscores the need for immediate and strategic investments in water infrastructure to safeguard key industries and the communities that rely on them. Advocacy at the Capitol  Water infrastructure is one of the executive priorities for the Greater Houston Partnership for the 89th Texas Legislative Session. These priorities serve as a roadmap for the upcoming session, highlighting key areas of interest for the business community. The Partnership supports increased funding for the Texas Water Fund, preferably establishing a dedicated funding stream to ensure long-term, sustainable investments in the state’s water resources.   Learn more about how the Partnership advances strong policy that fosters long-term growth and upward economic mobility for the region.  

[PRESS RELEASE] - The tech industry in the state of Texas is booming, with a growing demand for skilled workers in Cloud/IT support, software development and data analytics. According to LinkedIn, there are over 8,000 tech jobs currently unfilled in the state of Texas. To address this talent gap, AWS Skills to Jobs Tech Alliance is expanding into Texas with support from key collaborators across industry, education and government with the goal of helping to modernize tech programs of study at higher education institutions, connecting learners to in-demand tech jobs and supporting the development of a highly-skilled tech workforce in the Lone Star State. "As the pace of technological change advances in every market, the need for a globally diverse, digitally skilled pipeline has never been more important. The expansion of the AWS Skills to Jobs Tech Alliance into Texas further demonstrates our commitment to bring together government, education, industry and nonprofits to address this critical need and enable future economic growth," said Valerie Singer, AWS Global Education Lead. The initial launch of the Tech Alliance in Texas focuses on the Houston and Dallas metropolitan areas. These two major hubs are home to a diverse array of employers seeking tech talent and a robust system of educational institutions ready to prepare the next generation of Cloud and IT professionals. This launch represents a critical step in addressing the talent gap in the state's tech industry. Four of the state's higher education institutions have come together as part of the region's initial launch: Texas State University Houston Community College Dallas College Kilgore College Several of the state's most innovative companies will collaborate with AWS to identify talent needs, provide real-world learning experiences for students and hire qualified candidates into tech roles. These employers include Brooksource Corestack DLZP Group JP Morgan Chase Tanches Global Management TEKsystems "JP Morgan Chase has been deeply ingrained in the Texas community for more than a century and a half, tracing its origins back to the First National Bank of Houston," said Stacey Laurent, Vice President and Lead Technical Program Manager for JP Morgan Chase. "We prioritize investing in our community's individuals. As proud members of the AWS Skills to Jobs Tech Alliance, we eagerly anticipate contributing to the worldwide movement that revitalizes tech education and fosters a diverse, skilled pool of talent, enriching the landscape of Texas. Diversity stands as a cornerstone of our values at JP Morgan Chase; it is essential for fostering innovation and progress." Recently, Texas has been recognized for its innovative approach to aligning education policy to its economic goals. Central to these policies is the push to ensure post-secondary programming leads to high quality career pathways for Texans. This alignment of education, workforce and economic development goals fits perfectly with the goals of the Tech Alliance and provides a unique partnership opportunity with the state. To ensure that the program continues to amplify the state's priorities, AWS will work closely with the Texas Workforce Commission and the Texas Economic Development Corporation. AWS has a long history of collaborating with organizations in Texas to advance workforce development and skills attainment initiatives. Participation in the Greater Houston Partnership's UpSkill Houston Executive Committee and the Dallas Regional Chamber's Board of Directors has helped position AWS as a regional voice in workforce and economic development. These organizations, along with Alcantar Strategies, will partner with AWS to leverage their extensive networks and community connections to promote Tech Alliance programs and connect learners to opportunities. Through its employer-led UpSkill Houston initiative, the Greater Houston Partnership has invested heavily in advancing the skills and opportunities for Houstonians, ensuring employers have the skilled talent they need to grow and compete," said Peter Beard, Senior Vice President of Regional Workforce Development for the Greater Houston Partnership. "Collaborating with AWS as a member of the AWS Skills to Jobs Tech Alliance will amplify the work we are already accomplishing in Houston and advance the alignment of our talent pipelines to in-demand technology jobs in all industries." "The Dallas Regional Chamber is focused on improving the education, talent and workforce pipeline to support a high-quality life for all people in the Dallas Region," said Elizabeth Caudill McClain, Senior Vice President of Talent Strategies at the Dallas Regional Chamber. "The launch of the AWS Skills to Jobs Tech Alliance poses an exciting opportunity for business leaders across Texas to join together to address the skills gap for high-demand IT jobs while also supporting the economic mobility of Texans - a win-win for the future of our companies and communities." AWS launched the Tech Alliance in June 2023 at the DC Public Sector Summit, bringing together a global coalition of higher education institutions, employers, government and collaborating organizations to address the tech skills gap. The Tech Alliance is currently represented in nine countries (USA, Egypt, Spain, Singapore, Italy, Germany, India, Colombia and Brazil), with four other US states engaged (New York, Illinois, Washington and West Virginia). Since its global launch, the Tech Alliance has connected more than 23,000 learners from over 900 higher education institutions with over 350 employers. To learn more or get involved, please visit the AWS Skills to Jobs Tech Alliance homepage.