Having jumped 31 positions from 40th in 2010, Louisiana is the Cinderella state of Chief Executive’s ranking, proving that a concerted effort to transform old habits and policies can truly pay off. The state’s labor and economic development departments are currently preparing for a job boom in the hundreds of thousands.
The oil boom in North Dakota is driving increases in job availability there, so much so that Census Director John Thompson told the Associated Press that North Dakota was the fastest growing state in the nation. The unemployment rate there is a full 4.1% less than the national average.
New York’s high-tech startup, STARTUP-NY, designed to bring jobs to New York, poses some concerns. Critics feel that it is too narrowly focused in terms of the types of companies they are trying to attract and the places where they can be located, and have complained about everything from the cost of the advertising to the political motivations behind it.
Geographically, Delaware is well-positioned for all types of commerce. There are many ways in which this small but mighty state could move forward, and it will be exciting to follow their growth strategy in the year ahead. The first state to ratify the constitution, Delaware is a favored state for incorporation while still remaining “small and personal,” Gov. Markell said.
The relatively low-tax and limited-regulation policies adopted by the state of Texas have provided it with many economic and commercial advantages over other states.
As we eagerly await the announcement of 2014's Best & Worst States for Business, let's take a look at last year's Top 10 States.
Keeping and chasing jobs remains a top priority for America’s governors. Chief Executive sought responses from governors on how their states are ranked in the 2013 version of the magazine’s increasingly influential annual, “Best States / Worst States for Business” ranking. To vote in the 2014 survey click on this link : Best/Worst Survey
The Great Lakes states are riding a manufacturing boom, an increasingly right-to-work environment and the business-friendly campaigns and policies of Republican governors. Can they claw their way back into the economic-development derby and spark above-average growth despite a slow national economy?
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