Texas named best business climate in US for second straight year

AUSTIN, Texas (KAUZ) – Site Selection magazine named Texas as the best business climate in America for the second consecutive year.

Several factors contributed to the ranking, including a survey of corporate real estate executives and site selectors, investments in workforce infrastructure and a pro-growth mindset.

Texas Governor Greg Abbott said Texas holds several competitive edges that put it first for businesses.

“Texas again leads all states with the Top Business Climate in America for the second year in a row,” Gov. Abbott said. “As the eighth largest economy in the world, Texas is the No. 1 destination for businesses to come here, succeed here, and create more good-paying jobs here for hardworking Texans. Texas offers advantages no other state can claim: a business-friendly climate—with no corporate or personal income tax—along with a highly skilled, diverse, and growing workforce, easy access to global markets, robust infrastructure, and a reasonable regulatory environment that allows innovative businesses and entrepreneurs to thrive.”

Abbott went on to express gratitude to Site Selection magazine for the distinction.

“I thank Site Selection magazine for again recognizing Texas as the nation’s leader, and I congratulate the economic development professionals in communities across this great state for their work to keep Texas the economic envy of America. With the Top Business Climate in the nation and the strongest workforce in America, we continue to build a bigger, better Texas for all,” Gov. Abbott said.

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