In the latest CNBC study released on July 9, Texas has dropped from second to fourth place in the rankings of America's Top States for Business for 2026. Ohio has claimed the top position for the first time, followed by North Carolina and Virginia in second and third place, respectively. Minnesota completes the top five, just behind Texas.
Despite the decline, Texas maintains a strong business foundation, ranking first in Workforce and second in both Economy and Access to Capital. The state's extensive logistics infrastructure, including major ports and highways, bolsters its reputation as a leading trade hub.
However, the state's livability issues have impacted its overall score, with a ranking of 49th for Quality of Life due to high crime rates, inadequate healthcare, and lack of inclusiveness.
The shift from second to fourth follows a steady rise in rankings, with Texas previously at sixth in 2023 and second in 2025. The Dallas Regional Chamber noted that North Texas is experiencing significant corporate relocations and expansions, with 119 moves or expansions recorded in 2025, highlighting the ongoing business growth in the region.
This trend is reflected in communities like McKinney, where a top-rated workforce and business investment contribute to the area's economic vitality.
