TEXAS – Texas Governor Greg Abbott celebrated the state being named Best for Business by the nation’s top CEOs in an annual survey conducted by Chief Executive Magazine for the 19th consecutive year.
“For 19 consecutive years, America’s CEOs have voted Texas as the best state for business. The state is attractive to CEOs and their businesses because we offer freedom and opportunity that can’t be found elsewhere,” Abbott said.
The Texas government highlighted that the state maintains no state income tax; as well as a stable regulatory structure, as well as a young, educated and growing workforce ready to take on the jobs of tomorrow.
“Workers know that in Texas they can find a good home, a great education for their children, and countless businesses that provide ample income to support their families. This generation of Texans is driven by freedom, opportunity and innovation to solve the problems of the next century. We strive to continue this incredible 19-year winning streak as we build the Texas of tomorrow,” added the governor.
In an annual survey conducted by Chief Executive Magazine, rankings are determined by CEOs’ assessments of each state’s business climate, workforce and quality of life. Texas has led the nation each year since Chief Executive began the rankings in 2001, with this 19th consecutive Best State for Business title.
Texas recently received the Governor’s Cup for a record 11th consecutive year for attracting the most business relocation and expansion projects in the nation. In addition, the Texas government held additional records such as leading the nation in the fastest economic expansion, adding the most jobs in the last 12 months.