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North Carolina is 4th Best State for Business 2014

The state maintains one of the most varied biotech sectors in the U.S. and employs more than 62,000 people at more than 2,500 locations. Creatively, North Carolina used $60 million from tobacco-settlement trust funds to form a statewide training program for biomanufacturing workers, which provided North Carolina State University with the money to create a training center.

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

Illinois is the 48th Best State for Business 2014

“Corporate tax rates in Illinois are lower than many competing states in the region and the country,” Gov. Pat Quinn told Chief Executive magazine in February. When you take into account the tax incentives we offer for new business investment, Illinois has one of the lowest effective corporate tax rates in the United States… [It’s a] top state for business, as more and more domestic and foreign firms are realizing every day.”

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

Connecticut is the 44th Best State for Business 2014

A Gallup poll shows that 76% of Connecticut residents feel the taxes they pay are too high. In addition, the New Britain Herald reports that there are 5,000 fewer businesses today than there were five years ago, as a result of the Great Recession.

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

Missouri is the 22nd Best State for Business 2014

Media reports of flat tax revenues amid higher spending could put the state’s ranking at risk if they change their tax structure. Moreover, two pieces of legislation-one to outlaw direct car sales and another to block unions from collecting and spending worker fees-could help secure Missouri’s economic stability going forward.

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

Indiana is the 6th Best State for Business 2014

The Hoosier State is one of only two with a concentration in four of the biotech industry’s five major sectors, employing 60,000 workers at more than 2,000 bioscience establishments. The government plans to catch up with rival states in areas including capital formation, research commercialization and STEM (Science, Technology, Engineering and Math).

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

10 Best States for Business

Here’s a look at the 10 Best States in which to do business in 2014.

ChiefExecutive.net Best & Worst States May 8 2014

Oregon is the 38th Best State for Business 2014

The Portland Tribune reports that Oregon’s economy is growing faster than the national average. Jobs increased 2.6% over the past year, compared to 1.7% for the nation, according to the Oregon Employment Department. The greatest growth occurred in construction and business services.

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

West Virginia is 35th Best State for Business 2014

Corporate tax rate reductions during the past two years and additional reductions scheduled for next year, plus the scheduled elimination of the Corporate Franchise Tax by 2015, are all being accomplished while maintaining a balanced state budget.

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

Kentucky is the 25th Best State for Business 2014

Revenue from Kentucky tourism increased in 2013. In addition, corn farming generated over $1 billion in revenue last year, while grain farming contributed 43,000 jobs and $31 million in revenue. Also, the price of horses is on the rise again, after taking a painful dive during the recession.

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

Massachusetts is 46th Best State for Business 2014

Massachusetts is considered one of the seven best states for startups. Cambridge, home to Harvard and MIT, ranked as the No. 4 metro on the Kaufmann Index for high-tech startup density, and entrepreneurs brewed by those educational institutions often stay in and around Boston. In addition, Massachusetts ranked No. 25 overall by the Tax Foundation, while the Suffix University Index (based in Boston) ranks the state business climate No. 1 in the country.

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

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