#50 California
#50 in Taxation and Regulation
#35 in Workforce Quality
#26 in Living Environment
Right to Work? ✗
Regional Profile – West
| California | ||||
| Colorado | ||||
| Idaho | ||||
| Montana | ||||
| Nevada | ||||
| Oregon | ||||
| Utah | ||||
| Washington | ||||
| Wyoming |
Key Industries
Offers incentives to all sectors except retail.
Key Companies
Apple
Chevron
Disney
McKesson
Oracle
Visa
Wells Fargo
Yahoo
Advantages
California’s growth is currently outpacing the nation, and will continue to do so over the next two years.
Chinese investors poured $15 billion into the U.S. in 2015, with California receiving the largest share.
Challenges
Businesses have already started moving out of the state, just one month after the new $15 minimum wage law has been enacted.
Florida’s Gov. Scott is proactively going after the Pacific coastal state’s business.
Key Contacts
GO-BIZ
Panorea Avdis, Director
916-322-0694
1325 J Street, Suite 1800
Sacramento, CA 95814
Panorea.Avdis@gov.ca.gov
http://www.business.ca.gov/Home.aspx
CEO Comments
“California currently produces our highest unit costs of any state in the country for our high-end commercial construction output.”
“States like California just don’t get it. At the rate they are going, who’s going to pay the bills with such a anti-business, leftist government and businesses leaving every month for Arizona or Washington state?”
“California has been running businesses out of the state for years, and in fact, their policies are getting worse. Class action lawsuits abound, it’s a crazy environment for small businesses out there.”
Current Developments
2015 REGIONAL REPORT: The West
July 29, 2015
San Francisco Commercial Market Loosens Up Slightly
March 27, 2016
7 Best States for Startups
May 8, 2014
5 Great States for Biotech Companies
May 8, 2014