Texas has been recognized as the fourth-best state for business in CNBC's recently released 2026 America's Top States for Business study. This marks a decline from its previous position at No. 2, which it held just a year prior.
Ohio achieved the top ranking for the first time, followed by North Carolina in second place, Virginia in third, and Minnesota completing the top five. Texas continues to excel in several critical areas, being ranked first nationally for Workforce and second for both Economy and Access to Capital. The state's robust logistics infrastructure, which includes major ports, international airports, and extensive rail and highway systems, contributes to its status as a key trade and shipping hub. Additionally, a favorable tax environment and consistent corporate investments have helped maintain Texas's competitive edge.
However, CNBC noted that Texas struggles with livability, ranking 49th out of 50 for Quality of Life due to high crime rates, inadequate healthcare, and issues with inclusiveness. This negatively impacts the state's overall score, which evaluates all 50 states across ten competitiveness categories.
The decline from second to fourth follows a period of improvement, with Texas previously ranked sixth in 2023 and second in 2025. The Dallas Regional Chamber reported a significant influx of corporate relocations and expansions in North Texas, with 119 moves or expansions recorded in 2025, highlighting the ongoing growth in areas like Plano.
The ranking's strengths, a top-rated workforce and business investment, play out across North Texas communities including Plano.
