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Economic Development

Business Climate

Texas earns 5 No. 1 Rankings in Business Facilities' 2018 State Rankings Report

The Lone Star State was ranked among the best of the best after receiving five No. 1 rankings and 48 top-10 spots in Business Facilities’ annual State Rankings Report

Texas secured the No. 1 spot in five different categories in Business Facilities’ annual State Rankings Report. In addition to receiving these top-notch scores, Texas secured 48 top-10 titles. Business Facilities’ rankings demonstrated Texas’ strength in a variety of industries and established the state’s global role in trade and investment.


Texas Ranked No. 1 for 14th straight year in Chief Executive Magazine's Annual  Ranking for best and worst states for business

Texas has held the No. 1 spot for each of the 14 years since the inception of the Chief Executive survey, thanks to its extremely business-friendly environment, high-quality workforce and attractive living opportunities. Florida (No. 2), North Carolina and South Carolina (tied at No. 3) and Indiana (No. 5) rounded out the top five states. Full results and additional information can be found on ChiefExecutive.net, and in the May/June issue of Chief Executive.


Texas wins the 2017 Governor's Cup

The Lone Star State Earns the Most Consecutive Awards for New and Expanded Corporate Facilities of Any State.

Texas has been the recipient of Site Selection’s top projects award 14 times since the ranking’s inception in 1978. In 2017, Texas took home the sixth consecutive Governor’s Cup, the only state to do so in the award’s history. Over that time, Texas secured 4,045 total projects, or 1.8 projects per day for the last six years.

“The Governor’s Cups recognize not only the winning governors, but their entire economic development teams, and by extension, the many professionals throughout their states who work every day to attract new investment and retain and grow existing businesses,” says Mark Arend, editor in chief of Site Selection.

Site Selection