Texas Business Climate # 1 by Corporate Executives
Rick Perry (photo)
Governor of Texas
State Tops Development Counsellors International Poll for Fourth Consecutive Time
Austin – Corporate executives ranked Texas’ business climate best in the nation for the fourth consecutive time according to a survey conducted by Development Counsellors International (DCI), an economic development and tourism marketing firm. The survey measures CEO’s perception of a state’s business climate based on several economic variables.
“Texas is far and away the best place in America to do business,” Gov. Perry said. “Business leaders throughout the world recognize the Lone Star State as a place where their business can grow and thrive thanks to our reasonable regulations, low taxes, fair legal environment, educated workforce and an unparalleled quality of life.”
DCI surveyed 281 executives in charge of site selection for various sized companies. Texas gained 40.8 percent of the top votes, which named a favorable tax climate, workforce cost and availability, and pro-business climate as the top features influencing positive perception. DCI has conducted the survey every three years since its inception in 1996.
Overall, the Texas economy continues to grow at nearly three times the national average. CNBC recently named Texas America’s Top State for Business and overall best economy. Texas was also recently recognized by CEO magazine as the Best State to do Business for the third year in a row, and is now home to more fortune 500 companies than any other state in the nation. Last year, more than half of all new jobs created in the United States were created in Texas.
“Knowledge and capital are rapidly being deployed to parts of the world where the right combination of talent, technology, business climate, infrastructure and markets converge. I believe Texas is that place, now more than ever,” said Gov. Perry.
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