Develop Austin Texas » best cities for business http://www.developaustintexas.com Just another WordPress weblog Mon, 04 Apr 2011 15:08:46 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 Texas is Top for Business http://www.developaustintexas.com/texas-is-top-for-business/ http://www.developaustintexas.com/texas-is-top-for-business/#comments Fri, 19 Jun 2009 15:42:13 +0000 admin http://www.developaustintexas.com/?p=119 As reported in the Austin Business Journal, Texas was named the Number One State for Business by Directorship, a publication for corporate/boardroom leaders.

Reasons cited:

  • A solid economy
  • Affordable cost of living (including the health of the Real Estate Market)
  • Pro-business Tax Climate
  • Ability to attract Fortune 500 (and other) companies (including, recently, Comerica, and a new assembly plant for Catepillar)
  • Ranks 1st in Fortune 500 companies currently located in the state
  • Ranks 10th best litigation environment.

Governor Rick Perry’s take on Tuesday’s news?

“Our commitment to low taxes, predictable regulations and a fair tort system are setting an example for the nation and creating a magnetic force for the businesses and jobs that are vital to maintaining Texas’ competitive advantage in the global market.”

The U.S. Recession Report prepared by the Brookings Institution placed Texas cities as 4 of the top 5 cities on their list ranking the biggest 100 metro areas in the nation. Austin  was placed 3rd (behind San Antonio and Oklahoma City). These cities, and this state will prove to have the shortest recovery time ahead.

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