San Antonio Business Journal
Published: 07-30-08
Dallas-Fort Worth ranks 12th in business tax-friendliness Houston 13th
Texas has the best business climate in the nation according to a study by marketing company Development Counsellors International (DCI).
In the poll of 281 corporate executives across the country 40.8 percent of participants said Texas had the most favorable business climate — an accolade the Lone Star State has held since 1999.
Executives in the survey cited a strong labor market low operating costs and a pro-business climate as factors in their decision.
North Carolina ranked second while Georgia was third followed by Tennessee and Florida which tied for fourth place.
For the third consecutive year California was viewed as the state with the least favorable business climate. New York Michigan New Jersey and Massachusetts rounded out the bottom five.
“With the battle for business more intense than ever states and their economic development organizations need to pay close attention to the results of this survey” DCI President Andrew T. Levine says.
“Whether accurate or misguided perceptions about a location’s business climate often play a crucial role in site selection decisions and where companies invest money and create jobs.”
DCI’s survey was sent to a random selection of 3591 U.S. companies with annual revenue of at least $25 million. The study is conducted every three years. DCI has expertise in economic development marketing travel public relations and research. The company is based in New York.
