Texas takes top spot for best business climate

September 26, 2011

Texas, North Carolina and South Carolina are viewed as having the best business climates among the 50 states, according to a new survey of U.S. executives.

California, New York and Illinois are listed as the U.S. states with the least favorable business conditions, according to the poll by the New York-based .

Texas was the clear-cut favorite among the survey respondents, with 49.4 percent naming the Lone Star State as having one of the most favorable business climates. North Carolina ranked second with 27.8 percent; South Carolina received 14.3 percent of the votes.

Texas and North Carolina have consistently landed in the top spots since the survey began more than a decade ago. Texas has held the No. 1 ranking since 1999, while North Carolina has been No. 2 since 2002, said officials.

Nearly half of the 322 corporate executive who responded to the survey indicated that their firm would make a decision in the next 24 months to move locations, expand or consolidate a manufacturing plant, offices, distribution centers or other facilities.

Every three years, DCI completes the survey to track trends in economic development.

Austin Business Journal by Christopher Calnan ,