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CNBC Ranks Texas No. 4 for Business, Dinged on Quality of Life

Texas has been ranked fourth in CNBC's latest study on the best states for business.

Yara Iverson

July 13, 20261 min read

Texas skyline with Lone Star sky, highways and freight rail - illustration, Jake Team LLC
Texas skyline with Lone Star sky, highways and freight rail - illustration, Jake Team LLC

Texas has secured the fourth position in CNBC's 2026 study on America's Top States for Business, which was released on July 9. This marks a drop from the second position it held the previous year.

Ohio has taken the top spot for the first time, followed by North Carolina, Virginia, and Minnesota, which rounds out the top five. Texas continues to excel in key business areas, ranking first nationally for Workforce and second for both Economy and Access to Capital. The state's extensive logistics network, including major ports, international airports, and well-developed highways, enhances its reputation as a leading trade hub. A favorable tax environment and consistent corporate investment contribute to Texas's strong business climate.

However, CNBC noted that Texas faces challenges in livability, ranking it 49th out of 50 for Quality of Life due to high crime rates, inadequate healthcare, and issues with inclusiveness. These factors negatively impact the state's overall score in the competitiveness study, which evaluates all 50 states across ten categories.

Despite this recent decline, Texas has historically performed well, having been near the top of the rankings since the study began in 2007. The latest ranking comes amidst a surge in corporate relocations and expansions in North Texas, with the Dallas Regional Chamber reporting 119 such moves in 2025, the highest of any U.S. metro area. This trend is reflected in communities like Melissa, which benefit from a highly-rated workforce and ongoing business investments.

The ranking's strengths, a top-rated workforce and business investment, play out across North Texas communities including Melissa.

Sources

https://www.cnbc.com/2026/07/09/texas-top-states-for-business-ranking.html

https://www.cnbc.com/2026/07/09/americas-top-states-for-business-full-rankings.html

https://dallasweekly.news/article/dallas-texas-cnbc-top-states-business-2026

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Yara Iverson

Yara Iverson reports on local business, new openings, and economic development in Melissa.

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