Area Development Magazine has ranked Alabama among the top five states for doing business for the third consecutive year. Alabama was also first for competitive labor costs and near the top of the list of its workforce development programs. The rankings are based on a survey of a select group of highly-respected location consultants who work with a nationwide client base. The consultants were asked to name their top-five state choices in 14 site selection categories.
Alabama’s overall business environment, including its cost of doing business, corporate tax environment, incentives programs and cooperative state government were also cited among the top five by the responding consultants. The state’s certified sites and competitive utility rates placed in the top five among the states as well. While this is very good news for Alabamians, it’s not such good news for those in and outside of Alabama who claim our state is not a good place for business.
Source: Area Development Magazine
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