Area Development
{{RELATEDLINKS}} Looking at the 10+/- states which top this list, I have to say there is not too much that I find surprising. While I cannot claim to have recent (within the past 12–18 months) experience working projects within all the states that rank highest overall on this list, I do have enough familiarity to note the following state-level factors I think most have in common and which have likely driven a favorable rating by those of us who responded to the survey:

TOP STATES FOR DOING BUSINESS 2021

  1. 1. Georgia
  2. 2. Texas
  3. 3. Tennessee
  4. 4. South Carolina
  5. 5. North Carolina
  6. 6. Alabama
  7. 7. Indiana
  8. 8. Virginia
  9. 9. Ohio
  10. 10. Florida
  11. 11. Arizona
  12. 12. Mississippi
  13. 13. Louisiana
  14. 14. California
  15. 15. Nevada
  16. 16. Kentucky
  17. 17. Utah
  18. 18. Oklahoma
  19. 19. New York
  20. 20. Kansas

Individual Categories

Overall Cost of Doing Business

  1. 1. Georgia
  2. 2T. North Carolina
  3. 2T. Alabama
  4. 4T. Texas
  5. 4T. Tennessee
  6. 4T. South Carolina
  7. 7. Mississippi
  8. 8. Indiana
  9. 9T. Florida
  10. 9T. Arizona

Business Incentives Programs

  1. 1. South Carolina
  2. 2. Georgia
  3. 3. Alabama
  4. 4. Tennessee
  5. 5T. Indiana
  6. 5T. Mississippi
  7. 7T. North Carolina
  8. 7T. Virginia
  9. 7T. Louisiana
  10. 10. Texas

Access to Capital & Project Funding

  1. 1. California
  2. 2. Texas
  3. 3. New York
  4. 4. Massachusetts
  5. 5. Georgia
  6. 6. North Carolina
  7. 7. Illinois
  8. 8. Florida
  9. 9T. Tennessee
  10. 9T. Arizona

Competitive Labor Environment

  1. 1T. Georgia
  2. 1T. Texas
  3. 3. North Carolina
  4. 4. Florida
  5. 5T. Tennessee
  6. 5T. Virginia
  7. 5T. Arizona
  8. 8. Indiana
  9. 9T. South Carolina
  10. 9T. Alabama

Workforce Development Programs

  1. 1. Georgia
  2. 2T. Virginia
  3. 2T. Louisiana
  4. 4. South Carolina
  5. 5. Alabama
  6. 6T. North Carolina
  7. 6T. Tennessee
  8. 8T. Arizona
  9. 8T. Ohio
  10. 10T. Texas
  11. 10T. Florida
  12. 10T. California

Energy Availability & Costs

  1. 1. Tennessee
  2. 2. Georgia
  3. 3. Texas
  4. 4. North Carolina
  5. 5.
  6. 6T. South Carolina
  7. 6T. Kentucky
  8. 8T. Arizona
  9. 8T. Alabama
  10. 10. Oklahoma

Logistics & Infrastructure

  1. 1. Texas
  2. 2. Georgia
  3. 3T. Tennessee
  4. 3T. Indiana
  5. 5T. Virginia
  6. 5T. South Carolina
  7. 7. Ohio
  8. 8. California
  9. 9. North Carolina
  10. 10T. Kentucky
  11. 10T. Illinois

Site-Readiness Programs

  1. 1. Tennessee
  2. 2. Georgia
  3. 3. North Carolina
  4. 4T. South Carolina
  5. 4T. Ohio
  6. 6T. Virginia
  7. 6T. Indiana
  8. 8. Alabama
  9. 9T. Texas
  10. 9T. Arizona
  11. 9T. Kentucky

Available Real Estate

  1. 1T. Texas
  2. 1T. Georgia
  3. 3. North Carolina
  4. 4T. Ohio
  5. 4T. South Carolina
  6. 6. Tennessee
  7. 7T. Arizona
  8. 7T. Alabama
  9. 9. Indiana
  10. 10. Florida

Cooperative & Responsive State Government

  1. 1. Georgia
  2. 2. Tennessee
  3. 3. Indiana
  4. 4. South Carolina
  5. 5. North Carolina
  6. 6T. Alabama
  7. 6T. Virginia
  8. 8. Mississippi
  9. 9. Arizona
  10. 10T. Texas
  11. 10T. Ohio

Corporate Tax Environment

  1. 1. Texas
  2. 2. Florida
  3. 3T. Nevada
  4. 3T. North Carolina
  5. 5. Tennessee
  6. 6. Ohio
  7. 7T. Indiana
  8. 7T. South Dakota
  9. 9. Georgia
  10. 10T. Utah
  11. 10T. Wyoming

Favorable Regulatory Environment

  1. 1. South Carolina
  2. 2. Texas
  3. 3T. Georgia
  4. 3T. Alabama
  5. 5. Indiana
  6. 6. Tennessee
  7. 7. Mississippi
  8. 8T. Arizona
  9. 8T. Nevada
  10. 10T. North Carolina
  11. 10T. Florida
  12. 10T. Utah

Speed of Permitting

  1. 1. Alabama
  2. 2. South Carolina
  3. 3. Georgia
  4. 4. Mississippi
  5. 5. Texas
  6. 6. Tennessee
  7. 7. Virginia
  8. 8. North Carolina
  9. 9T. Arizona
  10. 9T. Louisiana
  11. 9T. Indiana