With that in mind, Area Development is publishing our fifth annual Top States for Doing Business survey of site consultants, ranking the states based on their number of mentions by the consultants in three overall categories and 18 subcategories, Business Environment, Labor Climate and Infrastructure and Global Access:
Analysis and Profiles of Top 10 States
Top States For Doing Business 2014
- 1.Georgia
- 2.Texas
- 3.South Carolina
- 4.Alabama
- 5.Tennessee
- 6.Louisiana
- 7.Indiana
- 8.North Carolina
- 9.Ohio
- 10.Mississippi
Consultant's Commentary
Michael McDermott, Consulting Manager, Global Business Consulting, Cushman & Wakefield Bradley Migdal, Executive Managing Director, Location Advisory & Economic Incentives, Transwestern Dean Uminski, Partner, Crowe Horwath Bill Luttrell Sr. Locations Strategist / International Business Development, Werner EnterprisesBusiness Environment
Overall Rank
- 1.Texas
- 2.Georgia
- 3.South Carolina
- 4.Alabama
- 4.tLouisiana
- 5.Florida
Next Best: Mississippi, Tennessee
Overall Cost of Doing Business
- 1.South Carolina
- 2.Georgia
- 3.Texas
- 4.Alabama
- 5.Louisiana
Next Best: Florida, Mississippi
Incentives Programs
- 1.Louisiana
- 2.South Carolina
- 3.Georgia
- 4.Texas
- 5.Alabama
Next Best: Oklahoma
Corporate Tax Environment
- 1.Texas
- 2.Nevada
- 3.Florida
- 4.South Dakota
- 5.tIndiana
- 5.tTennessee
- 5.tUtah
- 5.tWyoming
Cooperative State Government
- 1.Georgia
- 2.South Carolina
- 3.Louisiana
- 4.Texas
- 5.Alabama
Next Best: Indiana, Tennessee
Access to Capital & Project Funding
- 1.Texas
- 2.Georgia
- 3.California
- 4.New York
- 5.South Carolina
Next Best: Florida
Speed of Permitting
- 1.Alabama
- 2.tTexas
- 2.tGeorgia
- 3.South Carolina
- 4.Louisiana
- 5.tMississippi
Next Best: Tennessee
Most Favorable Regulatory Environment
- 1.Arizona
- 2.Texas
- 3.tLouisiana
- 4.Alabama
- 5.tGeorgia
- 5.tSouth Carolina
Next Best: Mississippi
Labor Climate
Overall Rank
- 1.Georgia
- 2.South Carolina
- 3.Texas
- 4.Alabama
- 5.North Carolina
Next Best: Ohio
Availability of Skilled Labor
- 1.tMichigan
- 1.tIndiana
- 2.Ohio
- 3.Texas
- 4.tCalifornia
- 4.tNorth Carolina
- 5.Illinois
Next Best: Georgia, New York
Competitive Labor Costs
- 1.Alabama
- 2.South Carolina
- 3.Mississippi
- 4.Texas
- 5.Georgia
Next Best: Arkansas, Louisiana
Leading Work Force Development Programs
- 1.Georgia
- 2.Louisiana
- 3.South Carolina
- 4.Alabama
- 5.tNorth Carolina
Next Best: Tennessee
Labor Climate (Right-to-Work States)
- 1.South Carolina
- 2.tTexas
- 3.tGeorgia
- 3.tNorth Carolina
- 4.Alabama
- 5.tMississippi
Next Best: Florida, Indiana
Labor Climate (Non-Right-to-Work States)
- 1.Missouri
- 2.Kentucky
- 3.Ohio
- 4.New Mexico
- 5.Colorado
Next Best: Pennsylvania, Wisconsin
Overall Infrastructure & Global Access
Overall Rank
- 1.Tennessee
- 2.Georgia
- 3.Texas
- 4.Ohio
- 5.Illinois
Next Best: Indiana
Distribution/Supply Chain Hubs
- 1.Tennessee
- 2.Illinois
- 3.tGeorgia
- 3.tIndiana
- 3.tTexas
- 4.Ohio
- 5.California
Rail & Highway Accessibility
- 1.Illinois
- 2.Texas
- 3.tGeorgia
- 3.tOhio
- 4.Indiana
- 5.Tennessee
Certified Sites/Shovel-Ready Program
- 1.Tennessee
- 2.South Carolina
- 3.Georgia
- 4.Alabama
- 4.tNorth Carolina
Competitive Utility Rates
- 1.Alabama
- 2.tTennessee
- 2.tKentucky
- 3.tGeorgia
- 3.tLouisiana
- 3.tSouth Carolina
- 4.tArkansas
- 4.tTexas
- 4.tWashington
- 5.tMississippi
- 5.tNorth Carolina
Energy Reliability / Smart Grid Deployment
- 1.Texas
- 2.Georgia
- 3.North Carolina
- 4.Tennessee
- 5.Ohio
Water Outlook (Availability & Cost)
- 1.Michigan
- 2.Indiana
- 3.tOhio
- 3.tWisconsin
- 4.Illinois
- 5.tMinnesota
- 5.tTennessee