Texas has the Best Business Climate

by CoyDavidson on October 20, 2010

2010 Business Facilities Rankings Report

For the second year in a row, Texas has taken the top prize in Business Facilities Magazine – Best Business Climate ranking. There are more than 20 input factors that helped determine the final outcome in the publication’s assessment of this flagship category, including rankings for Cost of Labor, Business Tax Climate, Quality of Life, Transportation Infrastructure, Educated Workforce and Economic Growth Potential. They also took a close look at per capita GDP, population growth and energy costs/energy efficiency.

The Lone Star State continues to match its surging population with a solid strategy for attracting and expanding new business. The list of recent facilities announcements is far too long to reproduce, suffice it to say that Texas is maximizing its return from an unbeatable combination of low taxes, strong incentives, low energy costs, a relatively low cost of labor and solid infrastructure.

The Top 10 States

  1. Texas
  2. Virginia
  3. Utah
  4. South Carolina
  5. Tennessee
  6. North Carolina
  7. Florida
  8. Lousiania
  9. South Dakota
  10. Wyoming
BFM State Rankings

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