This Saturday, Texas Governor Rick Perry will be announcing his bid for the White House in the early primary state of South Carolina, according to his spokesman. Perry’s declaration of entering the race has been anticipated by his peers in the party as well as conservatives.

Perry will be on road campaigning starting next week and the announcement by Team Perry spokesman Mark Miner officially ended speculations about the Governor’s political plans. Earlier, he has hinted that he may join the race but did not officially confirm it.

Most of Perry’s rivals were in Ames, Iowa for the Repulican Presidential Debate including former Massachussetts Governor Mitt Romney, who currently leads the polls among GOP hopefuls.

A consensus among political analysts indicate that Perry’s timely announcement, which coincides with the Ames straw poll event this weekend, could steal the limelight from whoever wins in Iowa.

Perry has branded himself as a social conservative with strong record in fiscal responsibility while serving as governor of Texas. It comes in an opportune time when Washington is criticized in mishandling the national debt, which led to the first-ever downgrading of U.S. credit by Standard & Poor’s.

Nevertheless, Perry, who is Texas’ longest serving Governor, still has a long way to climb in regards to being recognized by Republicans nationwide. His name recognition of 56 percent lags behind Romney’s 86 percent and Minnesota Congresswoman Michelle Bachmann’s 78 percent among registered Republicans. His weekend announcement could provide more publicity for his campaign.

Perry has been widely credited for Texas’ economic growth recently because of his pro-business philosophy and tax-cutting measures. He is also a devout social conservative with strong connections to many of the nation’s evangelical leaders and Christians, who traditionally dominate the Iowa caucuses. Iowa will hold its caucus in February next year, an event that some see as a make-or-break for the candidates seeking the party’s nomination.