Chief Executive’s annual survey ranked Florida as #2 for Best States for Business! Texas came in at #1 with Illinois, New York and California in the bottom 3.
Florida moved up from number three last year to number two. Last year, Florida Gov. Rick Scott penned a tongue-in-cheek letter to Texas Gov. Rick Perry, warning him that Florida is coming after the Lone Star State’s top ranking. Since Scott took office, his administration has enacted business tax and regulatory reforms that have contributed to the creation of more than 140,000 private sector jobs and an unemployment drop of 2.1 percentage points last year – one of the biggest decreases in the nation.
It is perhaps no coincidence that Texas and Florida have the highest net migration of people to their states from 2001 to 2009. (By contract, New York and California lost over 1.6 million and 1.5 million in net migration out of the states, respectively, over the same period.)