The Lone Star State's workers are second to none, but the state is increasingly messing with their rights.
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Texas Score and Ranking
| Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
|---|---|---|---|---|
| Cost of Doing Business | 257 | 10 | 19 | A- |
| Infrastructure | 217 | 13 | 8 | B |
| Life, Health & Inclusion | 104 | 49 | -- | F |
| Workforce | 263 | 1 | 4 | A+ |
| Economy | 172 | 5 | 4 | A- |
| Business Friendliness | 87 | 32 | 17 | C- |
| Access to Capital | 160 | 3 | 3 | A |
| Technology & Innovation | 115 | 12 | 10 | B+ |
| Education | 71 | 33 | 39 | C- |
| Cost of Living | 57 | 13 | 12 | B+ |
| Overall | 1503 | 4 | 2 |
Economic Profile
Governor: Greg Abbott, Republican
Population: 29,360,759
GDP growth (Q1 2021): 4.3%
Unemployment rate (May 2021): 6.5%
Top corporate tax rate: None (levies a gross receipts tax)
Top individual income tax rate: None
Gasoline tax: 20 cents/gallon
Bond rating (Moody's/S&P): Aaa, stable/AAA, stable
Major private employers: H-E-B Super Market Chain, Exxon Mobil
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
