This is the sixth time in a row Texas took the top spot on Development Counsellors International’s “Winning Strategies in Economic Development Marketing” survey. The survey, published every three years since 1996, tracks trends in economic development. New York-based DCI specializes in economic development and tourism marketing.
Of the 356 respondents this year, 49.7 percent said Texas has the most favorable business climate.
Corporate executive respondents cited Texas’ tax climate (54 percent), “pro-business environment” (47 percent) and incentives/financial assistance (18 percent) as reasons for ranking the state so highly.
Texas has received a number of such accolades, including Site Selection magazine’s Governor’s Cup for 2013, the fifth time the Lone Star State received that honor over the past decade.