Best in Texas™: Texas Ranks Number One in CNBC’s Best States for Available Workforce by ALEX.realestate

ALEX just completed analysis of CNBC‘s report: “America’s Top States for Business: The Full Rankings” and Texas ranks #1 in Technology and Innovation! The Study evaluated all 50 states on 128 metrics across 10 categories, weighted by their marketing emphasis. Developed with expert consultation, this data-driven study allows states to earn up to 2,500 points, identifying the best-performing states for business competitiveness, technology and innovation, workforce, economy, quality of life, cost of doing business, business friendliness, education and access to capital.

PS, If you want a copy of the database, just send an email to george@alex.realestate.

Overview

• Ranking Framework: CNBC ranked all 50 states for business competitiveness in 2024.
• Metrics: 128 metrics across 10 categories of competitiveness.
• Weighting: Categories weighted based on their usage in states’ economic development marketing materials.
• Criteria Development: Consulted with business and policy experts, and states.
• Data Sources: Various sources for measuring states’ performance.
• Objective Study: Not an opinion survey, based on measurable data.

Methodology

• Total Points: States can earn up to 2,500 points.
• Categories: 10 broad categories of competitiveness.
• Category Weighting: Weighting reflects the importance of each category as highlighted by states in their marketing materials.

Key Points

• Consultative Approach: Criteria and metrics were developed with input from diverse experts and states.
• Data-Driven: Study relies on data rather than opinions.
• Performance Measurement: States’ performance assessed based on objective data across multiple categories.
• Competitive Ranking: States are ranked based on their total points, with the highest-scoring states being America’s Top States for Business.

ALEX knows more about Texas real estate and individual markets than just about anybody.

If you have any questions, I am always here. Just call, text or email me. Diane

Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
e diane@alex.realestate