Texas Gov. Rick Perry has endorsed Mitt Romney for president, switching his endorsement now that reports indicate Newt Gingrich will drop out of the race.

Here’s the full Perry statement:

“Mitt Romney has earned the Republican presidential nomination through hard-work, a strong organization, and disciplined message of restoring America after nearly four years of failed job-killing policies from President Obama and his administration. So today I join the many conservative Republicans across the nation in endorsing Mitt Romney for President and pledge to him, my constituents and the Republican Party that I will continue to work hard to help defeat President Obama. American jobs, economic stability and national security depend on electing a new president. Mitt’s vision and record of private sector success will put America back on the path of job creation, economic opportunity and limited government.”

Perry dropped out of the race before the South Carolina primary and threw his support to Gingrich.

But today, news broke that Gingrich would suspend his campaign in the next week, and a Gingrich spokesman confirmed that the campaign was working out an endorsement of Romney.