Texas Continues its 10 Year Historical Position as the Best State
Overall for Business in 2014
Florida Ranks #2 is Edging Up and Even Overtaking Texas in its
Quality of Living Environment
California Ranks Dead Last as the Worst State for Business in 2014
(Chief Executive.net) In the 10th annual survey of CEO’s concerning their views of the best and worst states for business, over 500 CEO’s across the United States responded, grading states which they were familiar on measures including taxes and regulatory regime, the quality of the workforce and the quality of the living environment.
California, New York and Illinois continue to rank among the worst three states for business with virtually no change from 2013
What CEO’s are saying about California:
- California goes out of its way to be anti-business and particularly where one might put manufacturing and/or distribution operations;
- California continues to lead in disincentives for growth businesses to stay;
- California’s attitude toward business makes you question why anyone would build a business there;
- We relocated our corporate office from Los Angeles to Atlanta in 2006 largely because of the regulatory and unfriendly tax environment in the State of California. We considered Dallas but settled on Atlanta for customer-related and other secondary or marginal reasons. Would make the same decision if I had to do it all over again;
- California could hardly do more to discourage business if that was the goal. The regulatory, tax and political environment are crushing. The only saving grace is that there are still a lot of affluent areas that drive local economic zones but the trend line on these is not good for the mid to longterm.
Read full report here from Chief Executive.net