Texas Ranks as the Top State for Business
by John V. Garza on July 12, 2012 at 3:15 PM
In its 6th annual study of business and job creation climates in the 50 states, CNBC once again ranked Texas the top state in America for business.
It's obvious that we in Texas have a created a climate where businesses can grow and expand. While unemployment nationally under President Obama has remained over 8% for 27 straight months, Texas continues to see lower unemployment and real economic growth that is creating good new jobs for families here.
By balancing the budget and keeping taxes low, we've seen new small businesses open in Bexar County, existing companies have expanded to District 117 and hired hundreds of new workers and other companies are relocating to Texas because they know they can grow and be successful.
We still have a long way to go, but we're making great progress. Because of our fiscal responsibility, Texas continues to lead the nation in job growth. I'm proud of our record and will fight to keep Texas on the right path.
The CNBC study considered factors including infrastructure, cost of doing businesses, education, business friendliness and cost of living. Since CNBC first conducted the annual study in 2007, Texas has never finished lower than 2nd and has been at the top of the rankings 3 times.
This just goes to prove that if we raise taxes and increase the burden on job creators, Texas will lose our competitive edge and our economy and our families will suffer.