The region ranked 25th last year in the seventh annual poll of metropolitan areas, according to D&B's Entrepreneur magazine. The other top five slots go to the southeastern cities of West Palm Beach/Boca Raton, FL., Raleigh/Durham/Chapel Hill, NC, Atlanta, and Charlotte/Gastonia/Rock Hill, NC-SC.
Dallas is ranked sixth and Austin-San Marcos comes in at 10 while San Antonio has copped the 14th slot. "The dominance of southern and southwestern cities ... is driven by the percentage of new bsiness starts among the entire business population in each of these cities," says Iris Geisler, D&B's economic analyst who conducted the study.
The costs for rent, labor and other support needs in many of the top-ranking cities are somewhat higher than the US average, but they are offset by an skilled available labor force and an increasing number of larger businesses.
Ft. Worth-Arlington came up to first place from last year's 25th slot; Dallas has jumped up from 13; Austin-San Marcos, up from 19; and San Antonio, up from a 32nd ranking.
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