Capitol Observations - Written by Jere Beasley on Tuesday, December 2, 2008 11:37 - 0 Comments
Alabama’s business climate ranks number three among states
Alabama is still a good place for business. This ranking was acknowledged when, according to a new ranking from Site Selection magazine, Alabama tied with Texas for third place among the states with the top business climates. North Carolina and Tennessee ranked first and second, respectively, and Indiana took the fifth spot. The top ten was rounded out with Florida, Ohio, Virginia, Illinois and Georgia. The economic development publication’s annual business climate rankings are determined by considering the state’s performance in Conway Data’s “New Plant Database,” which tracks new and expanded business facility activity and a survey of corporate site seekers across the country.
Site selectors also ranked the most important factors when determining a location for a new facility. The three leading factors were ease of permitting and regulatory procedures, transportation infrastructure and existing work-force skills. The rankings were published in the magazine’s November issue. This is another indication that the naysayers in Alabama, who have their own agenda, haven’t been able to tarnish our state’s reputation as a good place for business.
Source: Birmingham News
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