Texas Named Top Business Climate In America For 2nd Year In A Row
Txylo.com/10292016

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~ In a recent announcement, Governor Greg Abbott proudly declared that Texas has once again been named the Top Business Climate in the nation for the second year in a row by Site Selection magazine. This recognition solidifies Texas' position as a leader in economic growth and development.

Governor Abbott expressed his excitement, stating, "Texas again leads all states with the Top Business Climate in America for the second year in a row." He went on to highlight the state's impressive economic standing, being the eighth largest economy in the world and the number one destination for businesses to thrive and create jobs.

The governor credited Texas' business-friendly climate, which boasts no corporate or personal income tax, as well as its highly skilled and diverse workforce, easy access to global markets, robust infrastructure, and reasonable regulatory environment. These factors make Texas an ideal location for innovative businesses and entrepreneurs to flourish.

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Site Selection magazine's annual Top Business Climate index also ranked Texas as number one among all states in a survey of corporate real estate executives and site selectors. This further solidifies Texas' position as a top destination for businesses looking to relocate or expand.

The state's success can also be attributed to its pro-growth mindset, investments in workforce development and infrastructure, access to technology and tech talent, and predictable regulatory environment. These factors have contributed to an increase in job-creating relocation and expansion projects within the state.

This is not the first time that Governor Abbott has accepted Site Selection magazine's Governor's Cup on behalf of Texas. In fact, this year marks a record-breaking 12th consecutive win for the state as the top-performing state for job-creating business relocations and expansions.

For more information on Site Selection's 2024 Top Business Climate rankings or other top achievements of Texas, visit gov.texas.gov/top-texas-touts. With its strong economy and skilled workforce, it is clear that Texas will continue to build a bigger and better future for all.

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