Texas holds its place for the fourth year in a row as the best state to do business in according to Chief Executive magazine.
The magazine ranks the states on what it calls a broad range of issues" including natural resources regulation tax policies quality of living education and infrastructure.
Texas was giving top ratings for both transportation and economy and was also noted for its access to capital and technology and innovation.
Following Texas was North Carolina Florida Georgia and Tennessee. The worst states to do business with according to the study was California New York Michigan New Jersey and Massachusetts.
The magazines list was based on surveys done by 543 CEOs.
The magazine said states that perform well in the rankings tend to have lower taxes and low rates of unionization.
Our survey year-over-year proves that those states with the worst records continue to practice the same policies that alienate businesses" JP Donlon editor-in-chief of Chief Executive magazine said.
As the nations economic problems continue to snowball and an increasing number of states experience budgetary problems state governments ought to take a hard look at their taxation and unionization policies if they want to turn the page and attract new businesses and capital to their provinces."
