For the second year running, Site Selection magazine has ranked Texas as the leading state for business climate in the United States. This recognition highlights Texas’ combination of workforce development, infrastructure investments, and favorable business regulations, which make the state an attractive location for new and expanding companies.
Economic strengths and state advantages
The ranking was based on multiple factors, including insights from corporate real estate executives and site selectors who assess states on their ability to support business growth. Texas Governor Greg Abbott pointed to the state’s competitive edge as a key driver for its top position.
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“Texas is not only the eighth-largest economy globally, but it also leads as the primary destination for businesses seeking growth and high-quality job creation”, Abbott stated. He highlighted Texas’ business-friendly policies, such as the absence of corporate and personal income taxes, as well as its skilled, diverse workforce, excellent infrastructure, and global market access.
Recognition for economic development
Governor Abbott also extended his thanks to Site Selection magazine and acknowledged the work of local economic development professionals who play a critical role in attracting and supporting business investment across the state. “Texas continues to be a model of economic progress”, Abbott said, underscoring the state’s goal to sustain its role as a leading business destination in the years to come.
