CNBC's tenth annual study once again puts all 50 states to the test, measuring them on more than 60 different metrics in ten key categories of competitiveness.

2. Texas

Published Tue, Jul 12 20164:40 PM EDTUpdated Mon, Jun 12 20173:10 PM EDT

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Source: George Kavallines

Category	Score	2016 Rank	2015 Rank
Workforce	266	8	20
Cost of Doing Business	193	23	21
Infrastructure	239	2 (Tie)	1
Economy	292	1	2
Quality of Life	138	37 (Tie)	33 (Tie)
Technology & Innovation	178	10	11 (Tie)
Education	79	40 (Tie)	28
Business Friendliness	90	18	14
Cost of Living	45	21	15
Access to Capital	44	7	6
Overall	1564	2	2

Economic Profile

Governor: Greg Abbott, Republican

Population: 27,469,114

GDP growth: 3.8 percent

Unemployment rate (May 2016): 4.4 percent

Top corporate tax rate: 0 percent

Top individual income tax rate: 0 percent

Gasoline tax: 38.40 cents/gallon

Bond rating/outlook: Aaa, stable

Major private employers: H-E-B Super Market Chain, Exxon Mobil

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, S&P Global Market Intelligence