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In one of the most widely recognized annual economic studies in the country, Utah was named, for the third year in a row as one of the “Top 10 Pro-Business States.”

From GOED's newsletter:

Jason Perry, executive director of the Governor’s Office of Economic Development and the newly named transition director for incoming Governor Gary Herbert noted, “Utah has worked tirelessly to be a business friendly state. Our productive workforce, favorable tax climate and overall business friendly environment has been successful in growing and recruiting some of America’s leading businesses. This report recognizes that success and our ongoing commitment to keep the Utah economic engine humming.”

The Pollina Corporate Top Ten Pro-Business States for 2009 are:

1. Virginia
2. Utah
3. North Carolina
4. Wyoming
5. South Carolina
6. South Dakota
7. Kansas
8. Georgia
9. Florida and
10. Nebraska

The study evaluates and ranks states based on 33 factors including taxes, human resources, right-to-work legislation, energy costs, infrastructure spending, workers compensation laws, economic incentive programs and state economic development efforts.

Hat tip to the Utah Pulse.

1 Comments:

 JHP said...

I assume that states that give out lots of economic incentives received more points to increase their rating.

Economic incentives certainly help some businesses, but unless they are available to every business in the state, no matter how big they are or what they produce, then they are unfair and, in fact, probably create a more hostile business climate as businesses compete more by hiring lobbyists and government-relations coordinators than by trying to improve their products and services and cut costs.

Overall, though, I do agree that Utah is a great state for businesses, but we can always improve.

7/13/2009 3:14 PM  

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