Texas Named as Top U.S. State For Global Trade by Global Trade Magazine
Texas has been named as the top U.S. state for global trade by a publication.
Global Trade Magazine gave the Lone Star State the top spot in their annual survey, beating out Florida and California for top honors.
Texas has led the nation in exports for 11 consecutive years.
“Over the last 10 years, Texas has built one of the best job creation climates in the nation by committing to low taxes, smart and predictable regulations, fair courts, and maintaining a highly-skilled and educated workforce,” said Governor Rick Perry.
“This combination has not only attracted businesses of all sizes from around the world, it has also given Texas the opportunity to grow and thrive,” Perry continued.
Global Trade’s survey compared production volume of small and midsize companies, and ranked each state by the quality of its infrastructure and the regulatory hurdles placed on its companies.
“Texas’ success is no doubt a sum of its parts,” Global Trade wrote. “Its excellent infrastructure…its commitment to low regulatory burdens and the wealth of global enterprises already established among its many cities all make the state the undisputed frontrunner for global trade.”
In another report on the best cities for global trade, the magazine named six Texas cities in their top 25, with Houston taking the top spot, followed by San Antonio, Dallas, Corpus Christi, Brownsville, and Beaumont.
You can read more on the state survey here.