CEOs rated Texas as the #1 state to do business four years in a row.
from Chief Executive Magazine
March 18, 2009
CEOs Select Best, Worst States for Job Growth and Business
Texas, North Carolina, Florida Top List as Best States; California, New York, Michigan Are the Worst
As the nation’s unemployment figures continue to reach new heights, Chief Executive magazine’s 2009 "Best & Worst States" survey took CEOs’ pulse on what the best and worst places for jobs and business growth are. For the fourth year in a row, CEOs rated Texas as the #1 state to do business and California as the worst.
Chief Executive's fifth annual survey asked 543 CEOs to evaluate their states on a broad range of issues, including proximity to resources, regulation, tax policies, education, quality of living and infrastructure. Providing additional insight to the evaluations, CEOs were also asked to grade each state based on the following criteria: 1) Taxation & Regulation, 2) Workforce Quality, and 3) Living Environment.
“Our survey, year-over-year proves that those states with the worst records continue to practice the same policies that alienate businesses,” said JP Donlon, Editor-in-Chief of Chief Executive magazine. “As the nation’s economic problems continue to snowball and an increasing number of states experience budgetary problems, state governments ought to take a hard look at their taxation and unionization policies if they want to turn the page and attract new businesses and capital to their provinces.”
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