Ole Cowboy
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For the fourth year in a row, CEO Magazine has ranked Texas as the No. 1 state to do business in, according to its annual poll of chief executives.
“While the Lone Star state’s growth cooled with the collapse of oil prices, Texas still boasts one of the fastest-growing regions in the country,” the magazine reports. “According to data from the U.S. Bureau of Economic Analysis, Austin-Round Rock and San Antonio-New Braunfels each had the highest GDP growth of any metropolitan area in the nation in 2016, 5% and 5.9% respectively. That’s more than double the 2.5% average of U.S. metropolitan areas.”
“While the Lone Star state’s growth cooled with the collapse of oil prices, Texas still boasts one of the fastest-growing regions in the country,” the magazine reports. “According to data from the U.S. Bureau of Economic Analysis, Austin-Round Rock and San Antonio-New Braunfels each had the highest GDP growth of any metropolitan area in the nation in 2016, 5% and 5.9% respectively. That’s more than double the 2.5% average of U.S. metropolitan areas.”