A recent study conducted by CNBC concluded that Texas is “America’s Top State For Business.”
The cable TV news study scored each state on 40 measures of competitiveness covering 10 categories: cost of doing business, workforce, economy, education, quality of life, technology and innovation, transportation, cost of living, business friendliness and access to capital.
CNBC scored each state using publicly available data. Texas’ highest rankings were in economy, technology and innovation, transportation and cost of living.
Texas is home to more Fortune 500 companies than any other state. In the past five years, Texas created 1.2 million net new jobs. And, in the past year, more than half of all jobs created in the United States were in Texas.
According to Gov. Rick Perry, “There is simply no better place to live, work, grow a business and raise a family than the great state of Texas. We have the best business climate in the country and remain globally competitive thanks to our reasonable regulations, low taxes, fair legal environment, educated workforce and an unparalleled quality of life.”
Final tip: Consider using the CNBC survey results in your recruiting materials, especially if you are seeking out-of-state candidates who may be nervous about relocating in a tough economic climate for fear of losing a new job if things don’t go as planned. The survey should reassure them that moving to Texas is a good short- and long-term strategy.
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