The result — the region is the most successful in embracing and fine-tuning a free-market platform — which certainly encourages direct investment. The Southern States perform extremely well in most aspects of promoting, attracting, servicing, and retaining investments as reflected within the survey results. They are competing head-on with each other in this dynamic region, which forces keen competition.
This is all good news for the investor. From their perspective, the region offers a location where it can set up easily, source locally or import using local world-class ports, make a product at a reasonable price with reasonable regulations, and sell a product directly into the heart of the largest consumer base in the world — with the biggest expansion of this base being their own region.
To the South, this means jobs. To continue this success, the region must provide skilled workers, and the workforce development agencies of these states are among the best. The reason the South dominates the survey — they work together to welcome and nourish the investor. Expect the Southern States to be here on the list next year as well.
Top States For Doing Business 2014
- 3.South Carolina
- 8.North Carolina