Chief Executive Magazine announces best, worst states for business
TweetFollow Us on Twitter

Chief Executive Magazine announces best, worst states for business


For the ninth year in a row, CEOs rate Texas as the #1 state in which to do business, according to Chief Executive Magazine's annual Best & Worst States Survey.

Florida, North Carolina, Tennessee and Indiana also made the top five. The states rated worst for business are California, New York, Illinois, Massachusetts and New Jersey.

The Best & Worst States Survey measures the sentiments of CEOs on a range of issues, including regulations, tax policies, workforce quality, educational resources, quality of living and infrastructure. For the 2013 survey, 736 CEOs from across the country evaluated the states between Jan. 16 and Feb. 14, 2013. Ohio was the biggest gainer in this year's survey, rising 13 spots from #35 to #22. \

CEOs say California's poor ranking is the result of a perceived hostility to business, high state taxes and onerous regulations, all of which drive investment, companies and jobs to other states. According to the California Manufacturers & Technology Association, California accounts for 12.6% of total U.S. GDP, but only has a 2.2% share of investments in new and expanding manufacturing sites.

"When you investigate acquiring businesses in some of the states rated poorly for business conditions, the anecdotes all wind up being true," says Kevin Hawkesworth, President & CEO of Florida-based Shaw Development. "The horror stories about these states are real."

"California, Illinois and New York are simply awful states to operate facilities or employ people," according to another CEO. "We will do almost anything possible to minimize our exposure to these anti-business environments."

A common theme among CEOs is the burden of constantly changing regulations.
"Business is too hard without dealing with piles of regulations that are constantly changing," says Rick Waechter, CEO of Boston Magazine. "I believe there have to be controls, but keep them simple and straightforward -- and most importantly, don't make it a moving target."

"CEOs continue to tell us that California seems to be doing everything possible to drive business from the state. Texas Governor Rick Perry, by contrast, personally makes it his mission to lead corporate recruitment and economic development efforts in his state," says J.P. Donlon, Editor-in-Chief of Chief Executive magazine and ChiefExecutive.net.

"The playbook for successful states boils down to three simple moves: engage in real dialogue with business leaders, adapt policies to create an attractive environment, and effectively communicate your story to real job creators," adds Marshall Cooper, CEO of Chief Executive magazine and ChiefExecutive.net. "This year's rankings prove that smart policies result in increased investments, jobs and greater overall economic activity."

 
AAPL
$99.86
Apple Inc.
-0.49
GOOG
$735.72
Alphabet Inc.
+3.06
MSFT
$53.00
Microsoft Corporation
+0.68
MacNews Search:
Community Search:
view counter

view counter
view counter
view counter
view counter
view counter
view counter

Warcher Defenders (Games)
Warcher Defenders 1.0 Device: iOS Universal Category: Games Price: $.99, Version: 1.0 (iTunes) Description: Warcher Defenders is a tiny castle defense action RPG with a very unique and challenging gameplay!Join this epic archery adventure (with lots of weapons and spells) and fight lots of enemy hordes to defend the towers in the... | Read more »
The best value players on UEFA EURO 2016...
With Euro 2016 kicking off on June 10th, time's running out to pick your 15-man fantasy squad in UEFA EURO 2016 Fantasy. [Read more] | Read more »
How to become the ultimate robot warrior...
Chrono Strike is a delightfully immersive beat ‘em up with a sense of humor (any game with a good Sims reference gets points in my book). [Read more] | Read more »
Tips and tricks to get a higher score in...
Snow Roll is a devilish endless runner very much in the vein of Flappy Bird. It revels in its dastardly level of difficulty, and doesn’t really care how angry you get at it as it knows you’ll keep coming back for more. [Read more] | Read more »
How to win big in Slots Deluxe
Cheating while gambling is illegal and morally wrong, and in some parts of the world it leads to men with names like Vinnie "Six Knuckles" Manchenzo beating you to a pulp in a dark alley. [Read more] | Read more »
How to take over the world in Dictator 2
Running a country isn't easy - especially when you're a dictator who wants to take over the world and crush everyone in your path while you do it. [Read more] | Read more »
Tips and tricks to get a higher score in...
Tank.iois - you guessed it! - another multiplayer arena battler likeAgar.io and Slither.io. It does differentiate itself by putting you in a tiny tank though, so it's not exactly the same. To help you get that all-important high score, we've got a few tips and tricks for you. [Read more] | Read more »
How to unlock characters in One Tap Tenn...
As the title suggests, One Tap Tennis requires only a single tap to play its particular brand of tennis, and rewards you with a ton of unlockable characters if you perform well. Fortunately for you, we at 148Apps have got a few tips and tricks to help get you up to speed. [Read more] | Read more »
Grab it now: Game Craft’s Legend of War...
The real time strategy game is now available for you to sink your teeth into, through the App Store and Google Play. Combining elements of skill, strategy and empire building, Legend of War is a real gamers’ game. [Read more] | Read more »
Skateboard Party 3 ft. Greg Lutzka (Gam...
Skateboard Party 3 ft. Greg Lutzka 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: Skateboard Party is back! This third edition of the popular sports franchise features professional skater Greg Lutzka. Skateboard Party 3 brings the thrill of skateboarding to your mobile device! Hop on your... | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.