Texas Second Best State for Business: CNBC

Virginia, Utah, North Carolina and Washington round out the top five

Using more than 60 metrics in 10 categories, including Workforce, Economy, Quality of Life, and Cost of Doing Business, CNBC says Texas is the second best state in the union for business.

"No state can claim more consistent, dominating performance than Texas. It has never finished outside the top five in the Top States rankings, and notched first place finishes in 2008, 2010, 2012, and last year. The state’s economy is big and diverse, but still not diverse enough to surmount the decline in energy prices that kept the state from a repeat win this year. Texas is a magnet for skilled employees who come to join the state’s large and productive workforce. In essence, it is hard to imagine a conversation on state competitiveness that does not include the Lone Star State."

To read more about Texas' ranking and see how other states fared, visit CNBC.com.

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