As the economy improves and states continue to vie for new investment and jobs, they also seek the attention of site consultants who help companies make their new facility and expansion decisions. With that in mind,
Area Development’s fourth annual Top States for Doing Business survey of site consultants ranks the states based on their number of mentions in
17 categories (scores were weighted based on position in each category and then overall).
States were ranked on factors in the following categories: Business Environment (costs, taxes and regulations, incentives, etc.), Labor Climate (diversity, costs, development programs, etc.); and Infrastructure and Global Access (rail/highway access, shovel-ready sites, utility rates, logistics access). Following is more detailed information on the attributes of the top-10 states that provides insight into the rankings. Additionally, several site consultants who participated in the survey offer their comments.
Top State's Analysis
States were ranked on factors in the following categories: Business Environment (costs, taxes and regulations, incentives, etc.), Labor Climate (diversity, costs, development programs, etc.); and Infrastructure and Global Access (rail/highway access, shovel-ready sites, utility rates, logistics access). Following is more detailed information on the attributes of the top-10 states that provides insight into the rankings. Additionally, several site consultants who participated in the survey offer their comments.
Top States For Doing Business 2013
- 1.Texas
- 2.Georgia
- 2.tSouth Carolina
- 4.Alabama
- 5.North Carolina
- 6.Louisiana
- 7.Tennessee
- 8.Florida
- 9.Mississippi
- 10.California
Consultant's Commentary
Ann Petersen, Senior Associate, Business and Economic Incentives, Jones Lang LaSalle Dan Levine, Principal, MetroCompare LLC Robert Hess, Executive Managing Director; Newmark Grubb Knight Frank Global Corporate Services Andrew Shapiro, Managing Director, Biggins Lacy Shapiro & CompanyBusiness Environment
Overall Rank
- 1.Texas
- 2.South Carolina
- 3.tGeorgia
- 3.tLouisiana
- 4.Alabama
- 5.Florida
Next Best: North Carolina, Arizona, Mississippi
Overall Cost of Doing Business
- 1.Texas
- 2.South Carolina
- 3.tAlabama
- 3.tNorth Carolina
- 4.Louisiana
- 5.tGeorgia
- 5.tMississippi
- 5.tTennessee
Incentive Programs
- 1.Texas
- 2.tGeorgia
- 2.tLouisiana
- 3.tAlabama
- 3.tSouth Carolina
- 4.North Carolina
- 5.tMississippi
- 5.tOklahoma
- 5.tTennessee
Corporate Tax Environment
- 1.Texas
- 2.South Carolina
- 3.Nevada
- 4.Georgia
- 5.Florida
Cooperative State Government
- 1.Texas
- 2.South Carolina
- 3.Georgia
- 4.Louisiana
- 5.Alabama
Access to Capital & Project Funding
- 1.Texas
- 2.Florida
- 3.North Carolina
- 4.tCalifornia
- 4.tGeorgia
- 5.Virginia
Speed of Permitting
- 1.Texas
- 2.tAlabama
- 2.tSouth Carolina
- 3.tGeorgia
- 4.Louisiana
- 5.tMississippi
- 5.tTennessee
Renewed Consideration Post-Recession
- 1.Florida
- 2.Louisiana
- 3.tIndiana
- 3.tTexas
- 4.tMichigan
- 4.tSouth Carolina
- 5.tArizona
- 5.tOhio
Most Favorable Regulatory Environment
- 1.Texas
- 2.Arizona
- 3.tAlabama
- 3.tLouisiana
- 3.tSouth Carolina
- 4.Georgia
- 5.Mississippi
Labor Climate
Overall Rank
- 1.Texas
- 2.South Carolina
- 3.tAlabama
- 3.tGeorgia
- 3.tNorth Carolina
- 4.California
- 5.Kentucky
Next Best: Florida, Louisiana, Mississippi, Ohio
Availability of Skilled Labor
- 1.Texas
- 2.North Carolina
- 3.tCalifornia
- 3.tMichigan
- 4.Georgia
- 5.Massachusetts
Competitive Labor Costs
- 1.Alabama
- 2.South Carolina
- 3.Mississippi
- 4.Texas
- 5.tGeorgia
- 5.tLouisiana
- 5.tNorth Carolina
Leading Work Force Development Programs
- 1.Georgia
- 2.South Carolina
- 3.tLouisiana
- 3.tNorth Carolina
- 4.Alabama
- 5.tFlorida
- 5.tVirginia
Most Diverse Labor Pool
- 1.Texas
- 2.California
- 3.Florida
- 4.New York
- 5.Georgia
Right-to-Work Environment
- 1.South Carolina
- 2.tAlabama
- 2.tTexas
- 3.tNorth Carolina
- 4.Georgia
- 5.tMississippi
- 5.tTennessee
Non-Right-to-Work Environment
- 1.Kentucky
- 2.Ohio
- 3.New Mexico
- 4.tMissouri
- 4.tPennsylvania
- 5.tColorado
- 5.tWest Virginia
Overall Infrastructure & Global Access
Overall Rank
- 1.Tennessee
- 2.tGeorgia
- 2.tTexas
- 3.tIllinois
- 3.tSouth Carolina
- 4.Alabama
- 5.tIndiana
- 5.tNorth Carolina
Next Best: Ohio
Rail & Highway Accessibility
- 1.Georgia
- 2.Texas
- 3.Illinois
- 4.tIndiana
- 4.tTennessee
- 5.Ohio
Certified Sites/Shovel-Ready Program
- 1.South Carolina
- 2.Georgia
- 3.Tennessee
- 4.tNorth Carolina
- 4.tTexas
- 5.Alabama
Competitive Utility Rates
- 1.Tennessee
- 2.Texas
- 3.Alabama
- 4.Georgia
- 5.North Carolina
Distribution & Logistics Access
- 1.Tennessee
- 2.Texas
- 3.Georgia
- 4.Illinois
- 5.Indiana
States Most-Mentioned By Respondents
(without regard to ranking in 17 categories)
- 1.Texas
- 2.South Carolina
- 3.Georgia
- 4.Alabama
- 5.North Carolina
- 6.Tennessee
- 7.Louisiana
- 8.Florida
- 9.Indiana
- 10.Virginia
- 11.Mississippi
- 12.Ohio
- 13.Kentucky
- 14.Arkansas
- 15.tOklahoma
- 15.tMichigan