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Harlingen, Texas, USA - June 24, 2021: The old business district on Jackson Avenue.

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Florida and Wyoming follow closely.

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However, potential entrepreneurs should be wary of Wyomings high inflation rate and low consumer spending growth.

The state also sees a net outflow of educated workers, which can stymiebusiness innovation and growth.

Washington D.C., California, Mississippi, and New Hampshire round out the bottom five.

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States like Texas, Florida, and Wyoming offer a conducive environment withstrong growth potentialand supportive business conditions.

Conversely, states like Louisiana and California may pose significant challenges due to high costs and unfavorable economic conditions.

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