"Texas drops in CNBC ranking, North Carolina retains top spot for business in 2023"
Texas has slipped in CNBC's annual ranking of top states for business, finishing in sixth place this year. After ranking first in 2018, Texas has steadily lost ground in subsequent years. The state's poor performance in life, health, and inclusion, as well as issues with its power grid and education system, contributed to its lower ranking. North Carolina claimed the top spot, with its governor citing restrictive policies in Texas and Florida as reasons for his state's rise. Despite its ranking in CNBC's analysis, Texas continues to fare well in other business environment measures.