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Updated over 6 years ago on . Most recent reply
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Texas - Top State For Business
Texas Best State For Business
ENGLEWOOD CLIFFS, N.J. (CNBC) – Texas snagged the top spot on CNBC's list of America's top states for businesses.
The Lone Star state scored 1,651 out of 2,500 points, making it the only state to be named a four-time winner since the study's creation in 2007. Texas has placed in the top five every year.
Texas ranked first in the economy category, up from 25th last year. The study cited the state's 5.2 percent GDP increase in the fourth quarter. Texas added over 350,000 jobs in the past year, meaning one in seven jobs created in the nation last year was created in Texas.
The state also took the top spot in infrastructure. Its lowest categorical ranking was number 37 for education.
The rest of CNBC's top five include Washington, Utah, Virginia, and Colorado.
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I currently live in Utah and it's great to see my state in the top 5. However, way more important than a news organization's ranking is the creativity and tenacity of an individual, wherever they may live. I have lived in California most of my life and I spent many years in Hawaii. Both of those states regularly place low on the "affordability" and "business-friendly" charts. However, imaginative and hard-working people, who can create a good network and follow through on promises and projects always seem to find success. The 5 rentals and flips I did on Maui were great, early successes for me. 2 of my 5 flips in San Diego were some of my very best net profit deals at about 100K each. was not the most lucrative but it sure added some fun to our family's summer!
I'm sure Texas (and Utah) are great for many reasons but I hope the BP Nation doesn't think they can't create some great business success right where they are!
Have fun out there!