Texas has No. 1 business climate, new survey says

Oct 21, 2014
Austin Business Journal


Texas is the highest-rated state in another business-climate study, the sixth time in a row Texas took the top spot on Development Counsellors International's "Winning Strategies in 


Economic Development Marketing" survey


The survey, published every three years since 1996, tracks trends in economic development. New York-based DCI specializes in economic development and tourism marketing


Of the 356 respondents this year, 49.7 percent said Texas has the most favorable business climate. Florida ranks a distant second, with 18.1 percent, and Georgia and North Carolina tied for 


third with 17.6 percent each. South Carolina received 12.6 percent, and Tennessee followed with 11.6 percent


The survey also listed Houston among the best cities for economic development


Corporate executive respondents cited Texas' tax climate (54 percent), "pro-business environment" (47 percent) and incentives/financial assistance (18 percent) as reasons for ranking the 


state so highly


Site selection consultants who participated also ranked the Texas Governor's Office of Economic Development the No. 2 "best in class" state-level economic development agency


Texas has received a number of such accolades, including Site Selection magazine's Governor's Cup for 2013, the fifth time the Lone Star State received that honor over the past decade


Print Article opens in new window