The Chief Executive annual survey of more than 500 CEOs nationwide has once again named Texas as the best state for doing business for 10 years running.
Every year Chief Executive surveys CEOs for the best and worst states for doing business. CEOs are asked about the tax and regulatory regime, the quality of the workforce, living environment and affordable housing.
The Lone Star State continues its 10-year historical position as the best state overall; but Florida, which ranks No. 2, is edging up and even overtaking Texas in its quality of living environment.
“We’ve learned from Texas how to tell our story better and it helps that we’ve cut taxes 25 times—about $400 million,” Florida Governor Rick Scott told Chief Executive. “When companies like Hertz, Amazon, Deutsche Bank and Verizon add jobs here, it causes more people to look at us. Business is comfortable that we’ll keep the tax base low and improve our workforce.”
Texas recently scored huge with the relocation of Toyota's North American headquarters from California to Plano, Texas, a suburb of Dallas-Fort Worth. Texas won another bragging right last February when Site Selection magazine reported that it surpassed California in global technology exports in 2012.
For the list of the 10 best and 3 worst states for doing business, click below.