(The Center Square) – Texas continues to hold the No. 1 spot in nearly every top business ranking year after year and month after month. April was no exception.
This month, Texas was once again named the Best State for Business for a record-setting 20th consecutive year, and Time magazine recognized Governor Greg Abbott as one of the 100 most influential people in the world.
In its annual survey of more than 600 CEOs nationwide, Chief Executive Magazine once again ranks Texas as the No. 1 state with the best business climate in the United States.
In contrast, California continues to rank last this year, with companies continuing to leave the state in favor of Texas. The magazine cited Texas' no income tax and low regulations as reasons for its top and bottom rankings, while California's high taxes and extensive regulations.
After Texas earned the top spot for 20 consecutive years, Abbott said, “Texas is truly a great state for business and a model for the nation. Freedom is a magnet, and Texas is a great place to start a business.'' We provide home and the freedom for hard-working Texans to succeed. More innovative industry leaders have a competitive advantage found only in Texas when choosing a location to relocate or expand their business. I am aware of this.
“The country's leading CEOs are proud of our pro-growth economic policies with zero corporate and personal income taxes, a young, skilled, diverse and growing workforce, easy access to global markets, robust infrastructure and predictable Businesses of all sizes are encouraged to grow as our great state builds a bigger and better Texas for the next 20 years and beyond. , giving its employees room to thrive.”
Abbott is listed among 24 international political leaders on Time magazine's 2024 TIME100 list.
“In his nine years as Texas governor, he has proven adept at quelling backlash from the state's liberal enclaves while simultaneously throwing red meat to the conservative base,” Time said. said of Abbott. “All the while, he has deftly attacked Washington through both endless legal challenges and inflammatory stunts, such as sending buses full of immigrants into democratic cities.
“Abbott remains one of the party's most persuasive proponents, continually pushing the boundaries of what states can do in enforcement, especially on immigration issues,” he said, referring to Abbott's border security mission, Operation Lone Star. “I'm working on it,” he said.
In response to this assessment, Mr Abbott said: “We have worked tirelessly to ensure that Texas remains a beacon of freedom and opportunity for the entire world. Being named one of the best cities recognizes all that we have accomplished. It's an honor.'' TIME100 Influential People of the World. From building the world's eighth-largest economy to leading a historic border security mission during the most prolific border crisis our nation has ever experienced, one thing is clear. It's about where Texas leads and other countries follow. I'm proud of the work we've accomplished and look forward to building an even bigger and better Texas for generations to come. ”
TIME magazine's annual list honors the world's 100 most influential people, with “great impact” in several categories, including artists, icons, giants, leaders, innovators, and trailblazers. He claims to be a person.
This award was awarded following a series of other evaluations. Last year alone, Texas was ranked #1 as the state with the best business climate and #1 state for attracting the most job-creating corporate relocation and expansion projects for the 12th year in a row. Center Square reported.
Four Texas cities are ranked among the top in the country for career growth. Six of the 10 U.S. counties listed as workforce and economic powerhouses are in Texas.
Texas added the most jobs of any state in 2023, surpassing national employment records for a 12-month period. Every month, including last month, Texas broke previous records for the most jobs, the most workers, and the largest workforce in state history.
Click here to read the full Washington Examiner article
More people moved to Texas in 2023 than any other state. Texas counties recorded their largest population growth ever in 2023. The Census cited Texas' record job growth and economic expansion as hallmarks of 2023's success.
Texas' economy has also grown faster than the national economy for six consecutive quarters. Texas leads the United States in semiconductor manufacturing. Texas' oil and natural gas industry broke multiple records in 2023. The industry reported record highs in total production, exports, refining results and crude oil supply, and paid more than $26.3 billion in taxes, the highest amount in state history.
