News Feed Archive
Top States with a Pro-Business Climate
On July 17, 2013, Luke Geiver reported for The Bakken Magazine that North Dakota is one of the nation’s top pro-business states. According to numerous recently released reports, the state is in the top five of all states regarding business climate or competitiveness.
In its annual report, “America’s Top States For Business,” CNBC LLC ranked N.D. third among all states. The broadcasting network issued the following statement to explain its rankings:
“We scored all 50 states on 51 measures of competitiveness developed with input from business groups including the National Association of Manufacturers and the Council on Competitiveness. States received points based on their rankings in each metric. Then, we separated those metrics into ten broad categories, weighting the categories based on how frequently they are cited in state economic development marketing materials. That way, our study ranks the states based on the criteria they use to sell themselves.”
North Dakota ranked third overall behind South Dakota and Texas.
The American Economic Development Institute and Pollina Corp. Real Estate Inc. has also issued a report recently, ranking North Dakota the fourth best state to do business in. The top 10 states exhibit leadership that truly understands the importance of producing the best business environment, Pollina Corp. said. “All 10 top-ranked states should be held up as models for the other 40 states and the federal government,” Pollina Corp. also said regarding the list.
According to the North Dakota Governor’s Office, the Pollina report is considered the most comprehensive and unbiased report by the economic development industry. The report used 32 factors related to state efforts ranging from taxes to energy costs.