We’re No. 1

This article at the Dallas Morning News proves what we at the State Bank of Texas have long known: Texas is the best place in the country to do business. Sean Lester writes, “Despite the state of Texas’ recent decline in job creation, the Lone Star state appears to still be the country’s top destination for doing business and creating business opportunity.”

Texas flag

Photo credit: rcbodden / Photo / CC BY

According to CEO Magazine’s annual survey on the best states for business, Texas yet again ranks No. 1 — for the eleventh year in a row.

No single factor is responsible. Nor is any single politician, despite what they might say! There are a variety of reasons for Texas’ success, but both banking and a vibrant commercial real estate industry certainly play a part.

Even in the wake of falling global oil prices, Texas managed to beat our Florida, North Carolina, Tennessee, and Georgia to take the top spot.