AUSTIN (Aug. 27, 2013) – Business Facilities magazine has again ranked Texas as the country's Best Business Climate, adding to a long list of national accolades for the economic principles that have helped the Lone Star State lead the nation in job creation.
"Employers across the country know the Texas model works. Our low taxes, smart regulations, skilled workforce and fair courts have created an economy that offers businesses the best chance at success," Gov. Perry said. "These principles have helped us create one-third of the net new jobs in the nation over the past 10 years, providing more opportunity for hardworking families. Texas is a national example for job creation; that's why I'll be in Missouri this week, and have traveled to other states like California, Illinois and New York to share our state's economic success story."
In addition to topping the list for the best business climate, the report gave Texas the highest marks for infrastructure, natural gas production, free trade zone activity and wind power capacity. Texas placed in the top 10 for data centers, aerospace/defense industry, biotechnology employment, nuclear power generation, credit quality and renewable energy capacity. Business Facilities also named Texas the 2013 State of the Year in January.
"Texas has executed a diverse and aggressive economic development strategy which has seen it become a global leader in semiconductors and a rising star in other high-tech growth sectors including bioscience, supported by a world-class university system," Business Facilities said.