2023 Top States for Doing Business Meet the Needs of Site Selectors
25 Sep 2023
What makes a state a great place to do business? Let us count the ways.
There are more than a dozen factors that enterprises find are important to their success — and, in particular, vital considerations as they decide where to locate, relocate or expand. These factors influence various aspects of the cost of doing business, the ease and speed of proceeding with a new project, the ability to hire and train the right people, and the overall hassle factor. Every year, Area Development consults with a panel of experts whose careers are involved in location selection and economic development, asking them which states excel at these all-important characteristics.
The result is our annual Top States for Doing Business feature. If you’re a regular reader, you’ll see a lot of familiar names here, which is not entirely surprising because it takes a lot of time and effort for a state to hardwire these valuable traits and build solid reputations.