Texas slips again in CNBC ranking of top states for business

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After topping the ranking in 2018, Texas has lost ground every year since then. It placed second in 2019, fourth in 2021, fifth last year and sixth this year....

“Texas did not help itself by passing a barrage of laws targeting the LGBTQ+ community and curtailing voting rights,”

. “But its last-place finish for Life, Health & Inclusion also reflects a high violent crime rate and poor health care, with the nation’s largest percentage of uninsured people.Texas also fared poorly for education, placing 35th. The state also got dinged for what CNBC described as “growing issues with its power grid.” It fell from 14th to 24th in the network’s infrastructure category.for the first time at No. 1 in access to capital. Texas also ranked second for its economy .

“And its workforce is second only to top state North Carolina, as people flock to Texas regardless of whether its policies are welcoming to all,” CNBC said.

 

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