Photo Courtesy of Invest in Texas Initiative

Texas, Florida, Georgia North Carolina -- Best Business States

Oct. 20, 2014
The Lone Star state was chosen by 49.7% of those surveyed as having one of the most favorable business climates in the nation. 

Whatever Texas is doing, it should keep doing it.

Since 1991 the state has held the No. 1 ranking as the top state to do business, according to an industry survey by Development Counselors International (DCI).

The Lone Star state was chosen by 49.7% of those surveyed as having one of the most favorable business climates in the nation.

The survey, "Winning Strategies”, talks to corporate executives and site selection consultants  to get their perceptions of locations across the United States.

Florida ranked second with 18.1%; and Georgia and North Carolina tied for third with 17.6% of the votes.

South Carolina and Tennessee came in fourth and fifth place, respectively.

When asked why they selected the states they did as being best for business, the corporate executives frequently cited tax climate, "pro-business environment," incentives/financial assistance and workforce quality/availability.

“With competition for business more fierce than ever, this information is particularly important for communities as they look at how to influence corporate executives' decisions on where to locate, invest and create jobs," said DCI President Andrew T. Levine.

The survey also found that nearly half – 44% – of the corporate executives who responded indicated that their firm would make a location decision in the next 24 months – whether it is a move, expansion or consolidation of a manufacturing plant, office, distribution center or other facilities.

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