Texas Named Best State for Business

In mid-April, FORTUNE magazine released their annual FORTUNE 500 list which included 24 North Texas-based companies. And those 24 companies helped The Lone Star State to tie with California for being home to the most FOURTUNE 500 companies in the nation at 57 each. Not bad.

So it’s no surprise that Chief Executive magazine just named Texas as the best state for business. How did they choose? They asked more than 600 CEOs across the country to rate states based on various criteria including taxation and regulation, quality of workforce and living environment. Here’s part of what they had to say:

“By contrast, Texas, the second-most populous state and the world s 12th largest economy, is where 70 percent of all new U.S. jobs have been created since 2008. Unsurprisingly, it scores high in all the areas CEOs value most. ‘You feel like state government understands the value of business and industry to create jobs and growth,’ observed one CEO.”

To read the full article from the May/June 2010 issue of Chief Executive magazine, visit chiefexecutive.net.

To find your next home in North Texas, visit ebby.com.