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Texas Ranked Best State for Business for 20th Straight Year

KLBJ, April 24, 2024

Texas Ranked Best State for Business for 20th Straight Year

  • Here’s what happened: Texas was named Best State for Business for a record-breaking 20th consecutive year in Chief Executive magazine’s annual survey of C-suite leaders.
  • In a league of our own: A report from the Federal Reserve Bank of Dallas recently found Texas was the top state for business relocations from 2010 to 2019, attracting
    more than 25,000 businesses from across the nation and adding more than 281,000 jobs.
  • What’s next? The September launch of Texas’ new specialized business court–a significant economic development tool–will strengthen our national economic reputation.
    • Overseen by expert judges who will streamline procedures, the court will ensure complicated and nuanced business cases are handled consistently andexpediently.
  • TLR Thoughts: Texas didn’t achieve the world’s eighth largest economy by accident–it’s the result of smart policy choices by our leaders, including embracing tort reform 30 years ago. Catch-up quick

Read the full article here.

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