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Willisms

« Trivia Tidbit of the Day: Part 789 -- Best Cities For Job Growth. | WILLisms.com | Trivia Tidbit of the Day: Part 791 -- Obama's Definition Of Too Wealthy. »

Trivia Tidbit of the Day: Part 790 -- Best States For Business.

Texas #1 For The Sixth Year In A Row-

Each year, CEOs rank the states according to a variety of criteria, including taxation, regulation, workforce quality, and living environment (which includes education, real estate market, and other factors).

For the sixth year in a row, Chief Executive Magazine named Texas the best overall business climate in America:

texasbusinessrank.gif
Texas, the second-most populous state and the world’s 12th largest economy, is where 70 percent of all new U.S. jobs have been created since 2008. Unsurprisingly, it scores high in all the areas CEOs value most. “You feel like state government understands the value of business and industry to create jobs and growth,” observed one CEO. Its tax credits and incentives to business choosing to locate or expand are among the most aggressive. The Texas Enterprise Fund is by far the largest deal-closing fund of any state, with grants totaling $377 million disbursed in 2008.

Little wonder then that while Texas gained over 848,000 net new residents in the last 10 years, according to the Census Bureau, California lost 1.5 million. New York State’s net loss exceeded 1.6 million - the highest of any state. High-tax, big- government New Jersey ranked fourth, with a net loss of almost 460,000, enough to drop it from 10th to 11th place in population.

Almost every week, there is a new ranking on this general subject showing Texas and other conservative states at or near the top, and liberal states like California at or near the bottom.

That isn't a coincidence.

-------------------------------------

Previous Trivia Tidbit: Best Cities For Jobs.

Posted by Will Franklin · 3 May 2010 10:44 AM

Comments

Michigan is only 49th. They would consider that a positive indicator as they have been number 51 for years in unemployment.

Posted by: Manuellabor at May 3, 2010 05:28 PM