How Does Your State Rank for Business? Texas, Virginia, Utah, Idaho, Colorado Top the List
CNBC recently released a ranking of U.S. states as to their competitiveness and top states in which to do business. CNBC used ten weighted categories and combined rankings for all categories to get an overall ranking.
The categories were (in order of most to least weight): cost of doing business (taxes), work force, economy (“solid” – whatever that means – and diversity of industries), education, quality of life, technology and innovation, transportation, cost of living, business friendliness (regulations), and access to capital.
I commented in my About.com blog that I disagreed with the weighting. Access to capital is a heck of …read more