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America's Top States For Business 2011

#2 Texas

Top States 2011: Texas

Category Score 2011 Rank 2010 Rank
Cost of Doing Business 176 33 30
Workforce 203 14 16
Quality of Life 164 32 29
Infrastructure & Transportation 293 1 1
Economy 164 14 1
Education 113 27 30
Technology & Innovation 197 4 4
Business Friendliness 128 18 19
Access to Capital 94 4 7
Cost of Living 46 5 8
OVERALL 1578 2 1

ECONOMIC PROFILE

Governor: Rick Perry (R)

Population: 25,145,561

GDP (2009 per capita): $43,032

Unemployment rate (May 2011): 8.0 percent

Foreclosure rate (May 2011): One per 1,074 households

Budget gap (projected 2012): $13.4 billion

Corporate tax rate: The state has a Franchise Tax instead of an income tax.

Largest employers: AT&T, H-E-B, JPMorgan Chase (Excludes Retailers)

Sources: US Government, RealtyTrac, Center on Budget & Policy Priorities, Federation of Tax Administrators, Alaska Department of Labor and Workforce Development

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