Houston Business Climate - best in nationThe Texas business climate is the best in the natiion, as a recent study just published by Chief Executive.

“More than 500 CEO’s considered a wide range of criteria, from taxation and regulation to workforce quality and living environment, in our annual ranking of the best states for business… It’s the seventh time in seven years running that Texas has led the states, and the seventh year California – to no one’s great surprise – ranked as worst state…

“What CEO’s often seek are areas with consistent policies and regulations that allow them to plan, as well as intangible factors such as a state’s overall attitude toward business and the work ethic of its population.  This is one reason Texas has consistently held the No. 1 position since 2005.  It gets strong marks in all areas important for business creation, and has the second-lowest taxes in the nation. The state has created more jobs than any other—about 250,000 last year. Not surprisingly, it also enjoys the highest inward net migration rate of any state. As a result, Texas gained four Congressional seats…”

By J.P. Donion, ChiefExecutive.net, May 3, 2011.  To read the full article, click here...

So a great Texas business climate translates into a strong Houston economy, and that in turn gives us a strong local housing market.

Roger Martin