The Culture of Business
Business Facilities recently named Texas the top-ranked state for the best business climate.
Texas has reclaimed its leadership position as the top-ranked state for Best Business Climate in Business Facilities 2012 State Rankings Report.
A perennial frontrunner for our annual Best Business Climate designation, Texas has been ranked first or second in this flagship category for each of the past five years. In addition to this year’s first-place finish, Texas also was our top-ranked state for Best Business Climate in 2009 and 2010.
“Texas has doubled down on its business-friendly tradition. The Lone Star State has been able to match and then exceed pre-Recession employment levels faster than any state in the nation,” said Business Facilities Editor in Chief Jack Rogers.
A surging population in Texas has yielded a cost-effective workforce that is being deployed in an increasingly diversified industrial base.
“Texas has laid out the welcome mat for a variety of high-tech growth sectors, including semiconductors, biotechnology and alternative energy,” Rogers noted. “When you factor in a resurgent oil and gas industry and new manufacturing, you get an economic powerhouse that can compete against all comers.”