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05-08-2013, 06:24 AM #1
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HERE ARE THE TOP 5 ‘BEST’ & ‘WORST’ STATES FOR BUSINESS: GUESS WHICH ONES CEOS PREFER
BUSINESS
HERE ARE THE TOP 5 ‘BEST’ & ‘WORST’ STATES FOR BUSINESS: GUESS WHICH ONES CEOS PREFER
May. 7, 2013 7:00pm
Becket Adams
It appears CEOs prefer doing business in states run by Republican governors, or so says Chief Executive magazine’s ninth annual “The Best and Worst States for Business” survey.
The survey asked 736 CEOs to grade states on a variety of “competitive metrics that CEOs themselves regard as critical,” including taxation and regulation, quality of workforce, and living environment.
“The tax and regulatory grade includes a measure of how CEOs grade a state’s attitude toward business, a key indicator,” the report write-up notes.
“In the minds of most leaders, a state’s friendliness is closely aligned with its tax and regulatory regime. Similarly, workforce quality also measures the perceived cooperativeness of workers with management, as well as the people’s general work ethic and education attainment,” the write-up reads.
“The living environment metric measures the perceived quality of education and public health facilities, as well as the affordability and quality of real estate, the transportation system and related environmental factors,” it adds.
And although three of the top 10 worst states for business are controlled by Republican governors, the top 10 best states, as noted by the Washington Examiner’s Charlie Spiering, are allrun by Republican governors.
Here are the top five best states for business:
5. INDIANA
Republican Gov. Mike Pence. (Getty Images)
Taxations & Regulations
Workforce Quality
Living Environment
4. TENNESSEE
Taxations & Regulations
Workforce Quality
Living Environment
3. NORTH CAROLINA
Taxations & Regulations
Workforce Quality
Living Environment
2. FLORIDA
Taxations & Regulations
Workforce Quality
Living Environment
1. TEXAS
Taxations & Regulations
Workforce Quality
Living Environment
And here are the top five worst states for business:
5. NEW JERSEY
Taxations & Regulations
Workforce Quality
Living Environment
4. MASSACHUSETTS
Taxations & Regulations
Workforce Quality
Living Environment
3. ILLINOIS
Taxations & Regulations
Workforce Quality
Living Environment
2. NEW YORK
Taxations & Regulations
Workforce Quality
Living Environment
1. CALIFORNIA
Taxations & Regulations
Workforce Quality
Living Environment
Click here to see the full report.
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Featured image AEI.
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