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South Texas Living

CEOs name Texas best state for doing business

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May 15, 2013 | 2,541 views | Post a comment

AUSTIN -- More than 700 top CEOs around the nation rank Texas as the best state to do business for the ninth year in a row in Chief Executive magazine’s annual Best and Worst States survey. CEO opinions were gauged on a variety of metrics, including regulations, tax policies, work-force quality, educational resources, quality of living, and infrastructure.

“This vote of confidence from business leaders across the nation further highlights that Texas is the epicenter for economic prosperity in this country,” Texas Gov. Rick Perry said. “I will continue to promote the conservative principles of restrained spending, low taxes, predictable regulations, and fair courts that have guided us over the last decade in order to ensure that Texas remains the nation’s healthiest economy for the next 10 years.”

“The playbook for successful states boils down to three simple moves: Engage in real dialogue with business leaders, adapt policies to create an attractive environment, and effectively communicate your story to real job creators,” said Marshall Cooper, CEO of Chief Executive magazine and ChiefExecutive.net. “This year’s rankings prove that smart policies result in increased investments, jobs, and greater overall economic activity.”

“CEOs continue to tell us that California seems to be doing everything possible to drive business from the state. Texas Governor Rick Perry, by contrast, personally makes it his mission to lead corporate recruitment and economic development efforts in his state,” said J.P. Donlon, editor-in-chief of Chief Executive magazine and ChiefExecutive.net.

In addition to the Chief Executive magazine ranking, this week Texas also takes the top spot in another of Site Selection magazine’s annual rankings -- this time in the magazine’s ranking of the most competitive states in 2012. Earlier this year, Texas was awarded Site Selection’s 2012 Governor’s Cup for the most new and expanded corporate facilities announced over the year.

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