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Texas Is Getting Good Marks for Handling Growth

The eyes of the U.S. economic-development community are upon Texas as it prepares to accommodate 4,000 jobs in the move of Toyota’s North American headquarters to the Lone Star State over the next few years. And staring over their shoulders are CEOs and business owners looking on with excited curiosity as they ponder the possibility of following in Toyota’s footsteps and moving to or expanding within Texas.

Dale Buss Best & Worst States , Best & Worst States for Business 2014 July 3 2014

Study Ranks States on Softer Strategic Measures, but Can Those Measures Equate to Profitability?

A new study of how states can excel in the “new economy” attempts to turn on its head the conventional wisdom about what makes states attractive. And it ends up endorsing the business climates of many high-cost states while denigrating the pro-business credentials of many low-cost states.

Dale Buss Best & Worst States for Business 2014 June 26 2014

New Jersey is the 47th Best State for Business 2014

New Jersey’s credit rating was recently downgraded by Moody’s in conjunction with an $807 million budget deficit, resulting in pension payments and school aid being at risk.

JP Donlon Best & Worst States , Best & Worst States for Business 2014 May 8 2014

Ohio is the 27th Best State for Business 2014

Under the previous governor, Scott Walker, Ohio became the No. 5 job creator in the nation and the No. 1 in the Midwest. Unemployment is now 6.5%, lowest in Ohio since June 2008. Likewise, Ohio has gone from an $8 billion deficit to a $1.5 billion surplus over the same period.

JP Donlon Best & Worst States , Best & Worst States for Business 2014 May 8 2014

Georgia is the 10th Best State for Business 2014

Since the 2013 ranking, the legislature passed significant worker’s comp reform that cut business costs, and CEOs were pleased.

JP Donlon Best & Worst States , Best & Worst States for Business 2014 May 8 2014

Virginia is the 11th Best State for Business 2014

With China lifting its 7-year ban on Virginia poultry, the state’s GDP may be on the rise. In addition, Dominion Virginia Power received a $47 million grant from the U.S. Dept. of Energy to build wind turbines off of Virginia Beach, which will bring jobs to the area.

JP Donlon Best & Worst States , Best & Worst States for Business 2014 May 8 2014

Hawaii is the 43rd Best State for Business 2014

Tourism for the first quarter was down slightly from the same period last year. Hawaii lawmakers passed an increased minimum wage bill earlier this year, increasing it from $7.25 to $10.10. And in April, the governor approved a bill that would allow the University of Hawaii to grow a crop of hemp, for use in biodiesel. The program should provide new jobs on the island.

JP Donlon Best & Worst States , Best & Worst States for Business 2014 May 8 2014

Texas Is the Best State for Business 2014

For the tenth year in a row, CEOs rated Texas as the No. 1 state in which to do business. The Lone Star state also ranked as one of the seven best states for startups.

ChiefExecutive.net Best & Worst States , Best & Worst States for Business 2014 May 8 2014

Arizona is the 7th Best State for Business 2014

Arizona, which has been making news of late with the expansion of Apple’s sapphire plant in Mesa, has been cultivating high-tech innovation through its Innovation Challenge, which awards $250,000 to winning companies to start up their business in the sixth largest state.

JP Donlon Best & Worst States , Best & Worst States for Business 2014 May 8 2014

South Carolina is 5th Best State for Business 2014

By improving South Carolina’s business-friendly climate and developing the skills of the workforce, companies like Boeing, BMW, Bridgestone, Continental and Michelin have made large investments or greatly expanded their presence in South Carolina, Gov. Nikki Hawley told Chief Executive magazine in February (in response to last year’s ranking). “These investments have helped advance our state’s manufacturing renaissance, and generated interest from companies around the globe.”

JP Donlon Best & Worst States , Best & Worst States for Business 2014 May 8 2014

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