Texas Business Law Blog

The television network CNBC has recently reported that Texas is the number one state for doing business in 2008. The current first place ranking is the result of a jump from the number 2 spot in 2007. Other states in the top five include last year's number one spot holder Virginia, followed by Utah, Idaho and Colorado.

Some of the reasons that were cited as why Texas tops the list of the best states for doing business is our large and diverse population, our abundance of natural resources and our cost of living.

CNBC is a financial and business news channel. To read more about Texas' number one rank among the best states for doing business, check out the Austin Business Journal Article on the subject or view the complete list of best states for doing business on the CNBC website.