2. Texas
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| Category | Score | 2019 Rank | 2018 Rank | Grade |
|---|---|---|---|---|
| Workforce | 321 | 4 | 7 | A- |
| Economy | 295 | 4 | 1 | A+ |
| Infrastructure | 216 | 8 | 1 | A- |
| Cost of Doing Business | 214 | 19 | 18 | B+ |
| Quality of Life | 132 | 37 | 31 | D |
| Education | 73 | 39 | 37 | D |
| Technology & Innovation | 123 | 10 | 9 | A- |
| Business Friendliness | 105 | 17 | 21 | B- |
| Access to Capital | 71 | 3 | 3 | A+ |
| Cost of Living | 39 | 12 | 11 | B+ |
| [[link#105843737#Overall]] | 1589 | 2 | 1 | - |
Economic Profile
Governor: Greg Abbott, Republican
Population: 28,701,845
GDP growth (Q4 2018): 6.6%
Unemployment rate (May 2019): 3.5%
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