CNBC: Texas Best State For Business

CNBC has released their 2010, “Top States for Business” report. The report awards the top spot to Texas with Virginia, Colorado, North Carolina and Massachusetts rounding out the Top 5. From my perspective, the report is a must read if you are considering relocating yourself and/or your startup. Other notable states include California ranked 32nd, New York ranked 24th and Alaska grabbing the 50th spot on the list.

Some interesting notes from the full scorecard:

• New York ranked worst for cost of doing business but the category was weighted the lightest which helped New York grab the 24th slot overall
• California ranked 48th for cost of doing business and 49th for business friendliness. California ranked first for technology/innovation and access to capital
• Texas grabbed the top slot in the transportation and economy categories while ranking 4th for technology and innovation
• The top 5 for technology and innovation were: California, New York, Massachusetts, Texas and Washington

CNBC created an overview page for each state so view the full list and make your selections.