For 11th Straight Year Texas Ranks as Top State to do Business

For 11th Straight Year Texas Ranks as Top State to do Business

CEO Magazine’s 11th annual survey of the “Best States to do Business” was released Friday and Texas topped the rankings for the 11th year in a row.  The news had Texas Governor Greg Abbott on cloud nine, saying the state won’t stop at its top ranking.  “Everything is bigger in Texas, and that includes our business climate,” Abbott said. “Despite being the number one state to do business for 11 consecutive years, Texas will do even more to empower businesses and increase economic expansion. That’s why I’m promoting policies to cut the business franchise tax, further rein in regulatory regimes and elevate our higher education system to bolster our workforce so that Texas keeps creating jobs and opportunity.”  In the rankings, Texas was ahead of Florida, North Carolina, Tennessee and Georgia which rounded out the Top 5. California was once again the worst state for a second year.  The rankings takes into account state GDP, unemployment, domestic migration, state government and state-local tax burden.

-          Dallas Morning News, May 8, 2015