Texas Ranked Best State for Business
Chief Executive Magazine has ranked Texas as the best state to do business again for the fourth year in a row.
Ranks were determined by a state’s natural resources, regulation, tax policies, quality of living, education and infrastructure.
Where did Texas shine? According to Chief Executive’s survey of 543 CEOs, Texas received highest ratings under the categories of transportation and economy. Also noted was the state’s access to capital, technology and innovation.
According to the magazine’s survey, the states that perform the highest tend toward lower taxes and lower rates of unionization.
Who joined Texas at the top of the list, and which states performed most poorly? Here are the five highest and five lowest rated states for business, as found in this survey:
Best for Business:
1. Texas
2. North Carolina
3. Florida
4. Georgia
5. Tennessee
Lowest Rated for Business:
46. California
47. New York
48. Michigan
49. New Jersey
50. Massachusetts
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