Why did TX Drop in Top State For Business?

What’s happening? CNBC listing for Best States to Do Business for years has had TX at the top. But, it fell. To #4.

Why is this important? CNBC added to it’s rankings ” life, health and inclusion” which this year included inclusiveness initiatives, health care resources, progress in ending the pandemic and other more traditional quality-of-life measures.

How will this be important? “This ranking is a compelling early warning signal that short-sighted, counterproductive policies risk eroding the progress over the past 30 plus years in building Texas to be the most competitive economy in the country,” said Perryman, president and chief executive officer of The Perryman Group. 

Dallas Morning News | Economist calls Texas’ slip from top three U.S. states for business ‘eerily disturbing’