Texas has secured the fourth position in CNBC's 2026 America's Top States for Business report, which was made public on July 9. This marks a decline from its previous second-place ranking last year.
Ohio has achieved the top ranking for the first time, followed by North Carolina in second place, Virginia in third, and Minnesota in fifth. Texas continues to demonstrate a strong business environment, being ranked first nationally for Workforce and second for both Economy and Access to Capital. The state's robust logistics network, which includes major ports, international airports, and extensive rail and highway systems, bolsters its reputation as a key trade and shipping center.
However, CNBC notes that Texas struggles with livability, ranking 49th out of 50 for Quality of Life due to high crime rates, inadequate healthcare, and issues related to inclusiveness. These factors negatively impact Texas's overall competitiveness score, which evaluates all states across ten criteria.
Despite the drop in ranking, Texas has consistently performed well in these studies since its inception in 2007. The latest ranking comes during a time of significant corporate relocations and expansions in North Texas, including Denton, which benefit from a highly rated workforce and ongoing business investments.
The ranking's strengths, a top-rated workforce and business investment, play out across North Texas communities including Denton.
