Texas Our Texas
Tuesday, July 10, 2012
And the accolades just keep coming...in case you missed it, CNBC announced that Texas is America’s Top State for Business. This was according to CNBC’s sixth-annual study that scored all 50 states on 51 measures of competitiveness.
CNBC scored each state based on input from business groups and public information from the states themselves. Each state received points based on ten broad categories including: cost of doing business, workforce, economy, education, quality of life, technology and innovation, infrastructure & transportation, cost of living, business friendliness, and access to capital.
Texas’ economy continues to receive national recognition. The state added more new jobs over the past year than anywhere else in the country. Amazing!
Texas’ unemployment rate remains more than a full point below the national average. According to USA Today, Texas has surpassed New York as the nation’s second largest economy, and the Wall Street Journal has credited the state’s low taxes and employer-friendly environment with helping make Texas the job creation capital of the nation. Texas is the nation’s leading exporting state for the tenth year in a row, and was recently named the “Best State to Do Business” by CEO Magazine for the eighth year in a row. Texas consistently ranks among the top states for Fortune 500 headquarters.
We continue to be the land of plentiful and have much to be grateful for in the Lone Star State.