Texas Ranked Best State For Business For 16th Consecutive Year
11 Aug 2020
AUSTIN, TX – Texas has secured the No. 1 spot on Chief Executive Magazine's annual ranking of the Best and Worst States for Business. Texas has achieved the top spot every year since the ranking's inception.
The ranking reflects CEO perceptions of the best and worst states for business based on a range of key measures. The Lone Star State continues to dominate this annual survey thanks to its favorable business climate, low taxes, reasonable cost of living, and diverse and growing labor force.