Area Development’s 13th Annual “Top States for Doing Business” Survey of Consultants Finds Locations Offer an Environment Conducive to Business Growth—Georgia Ranked #1

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JERICHO, NY–(BUSINESS WIRE)–Area development, the leading site selection and facility planning publication, announces the results of its 2022 Top States for Doing Business survey. According to the results, the top 10 states for doing business are Georgia, Tennessee, South Carolina, Texas, North Carolina, Alabama, Virginia, Ohio, Indiana and Mississippi, in this order.

Area development asked a select group of consultants who work with a national clientele to name their top state picks in 13 categories that impact business site plans and facilities. States were ranked by their number of mentions in each category, and the total number of mentions was calculated to rank the top 20 states overall.

Area developmentThe Top States for Doing Business Survey selected site location consultants who are accountable for their clients’ decisions that translate into hundreds of new locations or facility expansions, billions of dollars in spend each year investment and millions of square feet of new construction, but more importantly creating thousands of new jobs in the United States,” said Publisher and President Dennis J. Shea.

For the ninth consecutive year, Georgia ranks first among states, ranking first in overall cost of doing business, business incentive programs, competitive labor market, community development programs manpower, its logistics and infrastructure, its available real estate and its cooperation and responsiveness. State government.

Ranked second overall, Tennessee is tied with Georgia for first place in energy availability and costs. Tennessee also ranks first in site preparation programs, while Alabama is first in speed of permitting projects.

Texas ranks first for its corporate tax structure, while South Carolina ranks first for its favorable regulatory environment. And although California only ranks 16e Overall, the state continues to lead in access to capital and finance.

A comprehensive review of this year’s top states for doing business, along with commentary on the results by leading industry consultants, is featured in the third quarter issue of Area development magazine and published online at www.areadevelopment.com/top-states.

Area development is published quarterly and also maintains several popular websites, accessible at www.areadevelopment.com. He has also produced more than 50 best practice consultant forums for economic developers since 2006.

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