Those Americans looking for a job should look no further than Houston. Forbes has just ranked Texas ranks number 1 for overall economic climate on its list of Best States for Business this year, up one place from last year.
Each of the 50 states is measured according to labor supply, regulatory environment, current economic climate, costs, growth prospects and quality of life. Heavy importance is placed on business costs such as labor, energy, taxes, etc.
Texas also ranked 8th for Best state for business and 3rd for growth potential. It was reported earlier that Houston was a hot spot for tech jobs. This bump in placement from last year shows that the tech field isn't the only thing booming in Texas.
Source: Houston Business Journal