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CEO Survey: Illinois 3rd Worst State In Which To Do Business
Last week, Chief Executive magazine announced the results of its 9th annual survey regarding the best and worst states in which to do business. From their website:
In its ninth annual survey of CEO opinion about the best and worst states in which to do business, 736 CEOs—the highest response on record—rendered their verdict. Business leaders were asked to grade states with which they are familiar on a variety of competitive metrics that CEOs themselves regard as critical. These include: 1) taxation and regulation; 2) quality of workforce; and 3) living environment. The tax and regulatory grade includes a measure of how CEOs grade a state’s attitude toward business, a key indicator.
The best states in which to do business?
1. Texas (9 consecutive years now)
2. Florida
3. North Carolina
4. Tennessee
5. Indiana
Nice job Indiana!
The “Top 5” were unchanged from last year.
And the worst states in which to do business?
1. California
2. New York
3. Illinois
4. Massachusetts
5. New Jersey
Nice going Illinois. Second year in a row in that position.
The faster Illinois residents dump incompetent and ill-intentioned lawmakers, the sooner the state will be able to make headway on a number of real issues. Avoiding insolvency (somewhat of a stretch at this point) and job retention/attraction readily come to mind here.
By the way, our neighbors to the north- Wisconsin- climbed three spots in this latest survey to number 17. JP Donlon wrote on May 6:
More and more states are getting the pro-growth message. Wisconsin governor Scott Walker’s position is typical of this new thinking. “I’ve never seen a store get more customers by raising its prices, but I’ve seen customers knock down doors when they cut prices,” he says.
You can view the rankings of all 50 U.S. states on the Chief Executive website here.
By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)
Source:
Donlon, JP. “States More Aggressive in Competing With One Another.” Chief Executive. 6 May 2013. (http://chiefexecutive.net/states-more-aggressive-in-competing-with-one-another-2013). 13 May 2013.
Survival And Prosperity
\”Protecting and Growing Self and Wealth in These Uncertain Times\”
Source: http://survivalandprosperity.com/2013/05/13/ceo-survey-illinois-3rd-worst-state-in-which-to-do-business/
