Another survey, another “winner” for California. Every three years Development Counsellors International publishes a survey: A View from Corporate America: Winning Strategies in Economic Development Marketing. Among the many results in the survey are the five best and worst states for business.
Here are the five best states for businesses:
1. Texas
2. North Carolina
3. South Carolina
4. Tennessee
5. Florida
And here are the five worst states for businesses:
50. California
49. New York
48. Illinois
47. New Jersey
46. Michigan
This survey shouldn’t shock anyone. The five worst states are known for high taxes, high regulations, and a miserable business climate. Meanwhile, the five best states are known for low taxes, low regulations, and a favorable business climate. Shocking, no?