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Despite the U.S. economic recovery slowing in June, Texas businesses continued growing and Houston reigned supreme in terms of entreprenual activity, according to a monthly economic report by SigmaBleyzer.
On a positive note, June was the 11th straight month of output expansion in manufacturing and the 14th consecutive month of growth in the overall economy.
May’s level of industrial production in the Lone Star State was 5.1 percent higher than a year ago, the third straight month of gains, and the mining industry reported a 20 percent increase in output.
Meanwhile, Houston has the highest level of entrepreneurial activity out of the 15 largest U.S. cities, according to the latest Kauffman Index of Entrepreneurial Activity.
No taxes for businesses, you can create your business in one afternoon (it's about 20 months in Cleveland), cheap housing, strong population growth (so many creation of restaurants, shops and others in the retail sector..)
If you think there is no taxes on businesses, then I have some swamp land you may be interested in.
They have a margin tax (which can be argued to be worst then an income tax).
Just reference the CNBC 2010 best states list that I'm sure you've seen. Texas has a ton going for it BUT "cost of doing business" is not one of them...(#30 out of 50 this year and is tied for its lowest ranked sub-score with education).
Not a bad post. Thanks for informing me. I've always considered Houston to be one of the most enterprising city. Its just too bad that the weather isn't the greatest.
Not a bad post. Thanks for informing me. I've always considered Houston to be one of the most enterprising city. Its just too bad that the weather isn't the greatest.
You can't have a perfect city, defaults are everywhere
I do not doubt this. As a native H-towner, I see these "entrepreneurs" on most every median at intersections around me trying to sell bottled water and squeegee my windshield...
I do not doubt this. As a native H-towner, I see these "entrepreneurs" on most every median at intersections around me trying to sell bottled water and squeegee my windshield...
Just saying.
This troll
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