The results of CNBC's annual ranking of the states for business finds Texas in an unusual spot. Dr. Perryman says we slipped to number 4 - and there's more.
US News and World Report is out with new state-by-state rankings, and Dr. Perryman says while Texas was first in business climate, there is some less promising news.
This week, US News and World Report named Austin the best place to live in America this year. While there are several similar rankings, Dr. Perryman says this one is different for several reasons.
Forbes Magazine is out with its annual ranking of the states when it comes to business competitiveness, and Texas moved up from number 6 to number 4.
About this time last year, I referred to Texas falling to fourth in the CNBC rankings of top states for business as "eerily disturbing." That remark got more attention than I anticipated. My concern was only enhanced when the 2022 roster came out and Texas dropped further to fifth. North Carolina, Washington, Virginia, and Colorado all topped the Lone Star State. Although fifth certainly isn't catastrophic, it perpetuates a trend that needs to be reversed.