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TEXAS RANKED NO. 1 IN THREE CATEGORIES BY AREA DEVELOPMENT

Thursday, November 01, 2018

Texas secured three No. 1 rankings on Area Development’s Top States for Doing Business 2018, the publication’s ninth annual survey of site selection consultants.

Texas took home the No. 1 spot in three different categories on Area Development’s Top States for Doing Business 2018. In addition to securing three No. 1 spots, Texas finished among the top-10 states in eight categories.

Texas earned No. 1 rankings in Overall Cost of Doing Business, Corporate Tax Environment and Competitive Labor Environment. The Lone Star state's unmatched economic strength, paired with the second-largest civilian workforce in America, makes it an ideal state to do business.

Among Texas' most notable top-10 finishes were: No. 2 in Best State for Business Overall, No. 2 in Access to Capital & Project Funding and No. 3 in Most Improved Economic Development Policies.

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The Epicenter of Eagle Ford Shale Oil and Gas Production

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DeWitt and Gonzales Counties, both located in the GVEC service area, are among the top five oil producing counties of the Eagle Ford Shale. Major producers with established operations in the area include Enterprise Products, EOG Resources, and Kinder Morgan among others.