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Texas drops to #6 in Top States for Business study

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Texas is no longer among one of the top five states for business in the U.S. in 2023, according to CNBC’s annual Top State for Business study.

The business study, conducted since 2007, ranked Texas at #1 in 2008, 2010, 2012 and 2018, putting Texas behind Minnesota at #6 for this year.

The U.S. Bureau of Labor Statistics’s “The Economics Daily” reports Texas was the state with the largest percentage increase in employment fromCNBC also reported Texas tied for #1 in access to capital and #2 in the workforce category behind North Carolina.

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