650 CEOs rank states for business based on wide range of criteria
Texas Insider Report: AUSTIN Texas Texas #1 Ranking as the best state for business for the past eight years by CEOs across the nation is a testament to our successful model for economic prosperity & job creation" said Texas Gov. Rick Perry after CEO Magazines annual survey of 650 CEOs once again landed Texas in the top state for job growth & business development ... for the eighth year in a row.
Texas has also moved past New York according to USA Today as the nations 2nd largest economy. The Wall Street Journal recently credited the Texas low taxes and employer-friendly environment with helping make the state the job creation capital of the nation.
The CEO Magazine Annual Survey asked 650 CEOs to rank the best states for business based on a wide range of criteria from taxation and regulation to workforce quality & living environment.
I am proud of our states accomplishments and remain committed to upholding principles like low taxes restrained spending reasonable regulations and a fair legal system that have made Texas the best state in the nation to live work raise a family and start a business" said Perry.
The survey gave Texas high marks in all areas important for business creation and highlighted the states business-friendly tax & regulatory environment compared to other states.
As one CEO noted The state attracts top-level talent across the income divisions. Laws and taxation are creating opportunities that benefit expansion and job growth."Texas economy continues to receive national recognition. The state added more new jobs over the past year than anywhere else
in the country with Texas unemployment rate remaining more than a full point below the national average and continuing to decline.
Additionally Texas consistently ranks among the top states for Fortune 500 headquarters.
To view CEO Magazines survey please visit CEO Magazine here.
For more information on Texas economy and jobs market click here.
