Texas once again leads in all rankings, including top state for business | News

Texas continues to solidify its reputation as the best state for business, with a record-breaking 20 years in a row at the top spot. In April, Texas was once again named the Best State for Business, with Chief Executive Magazine ranking it first for having the best business climate in the U.S. This recognition comes as no surprise, as Texas continues to attract businesses from other states, with California ranking last due to high taxes and extensive regulations.

Governor Greg Abbott was also recognized by TIME Magazine as one of the 100 most influential people in the world. Abbott’s leadership in Texas has been praised for creating a pro-growth environment with no corporate or personal income tax, a skilled workforce, and business-friendly regulations. Abbott’s efforts in border security through Operation Lone Star have also garnered attention, showcasing his ability to navigate complex political issues.

The accolades for Texas don’t stop there. The state has seen significant job growth, with more people moving to Texas than any other state in 2023. Texas leads the U.S. in semiconductor manufacturing and the oil and natural gas industry, breaking multiple records in production, exports, and refining outcomes. The state’s economy has outpaced the national economy for six consecutive quarters, showcasing its resilience and growth.

Overall, Texas’s continued success in business and economic growth highlights its status as a leader in the nation. With a focus on innovation, job creation, and economic development, Texas is poised to continue its reign as the Best State for Business for years to come.