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AUSTIN – Governor Greg Abbott announced that Texas has been named the nation’s top business environment for the second year in a row by Site Selection magazine.
“For the second year in a row, Texas once again leads all states in having the best business environment in the nation,” said Governor Abbott. “As the world’s eighth largest economy, Texas is the number one destination for companies to come here to succeed and create more good-paying jobs for hard-working Texans. It offers advantages not found in other states: a business-friendly climate with no corporate or personal income taxes, a highly skilled, diverse and growing workforce, easy access to global markets, and a strong infrastructure. Reasonable regulatory environment. Enabling new businesses and entrepreneurs to succeed. Thank you to Site Selection magazine for once again recognizing Texas as a national leader, and for working to keep Texas the economic envy of America. We salute the economic development professionals in communities across our great state. With the nation’s top business environment and America’s strongest workforce, we will continue to build a bigger and better Texas for everyone.”
In addition to its No. 1 overall ranking, Texas also topped all states in a survey of corporate real estate executives and site selectors. The survey is one of the key data points in Site Selection’s annual Top Business Climate Index.
Other factors contributing to Texas’ top ranking include the number of relocation and expansion projects that create jobs in the state, Texas’ growth mindset, investments in workforce development and infrastructure, and investment in technology and technology talent. Access, predictable regulation. environment.
Earlier this year, Governor Abbott received Site Selection magazine’s Governor’s Cup for Texas’ record-breaking 12th consecutive victory as the top-performing state in the nation for relocating and expanding job-creating businesses.
Learn more about Site Selection’s 2024 Top Business Environments rankings.
See more of Texas’ Top Touts: gov.texas.gov/top-texas-touts.