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.