America's Top States For Business
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America's Top States For Business
CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk sho ...
, a division of
NBC Universal The National Broadcasting Company (NBC) is an American English-language commercial broadcast television and radio network. The flagship property of the NBC Entertainment division of NBCUniversal, a division of Comcast, its headquarters are ...
, has been ranking state business climates annually since 2007. According to information compiled by CNBC, both from private industry sources, as well as State and Federal agencies, there have been increases and decreases in many U.S State's economies. Specifically, there have been sizable changes in state population, state GDP per capita, unemployment rates, foreclosure rates, budget gaps, and corporate tax rates. CNBC's state rankings are based on 10 categories: Cost of Doing Business, Workforce, Quality of Life, Infrastructure, Economy, Education, Technology & Innovation, Business, Friendliness, Access to Capital, and Cost of Living.
Virginia Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth ar ...
was ranked as No. 1 on CNBC's "America's Top States For Business 2011".
CNBC: "America's Top States For Business 2011"
Previously in the 2010 report, Virginia was ranked as number 2 and in the 2009 report, Virginia was ranked as number 1. Virginia's current Governor is Bob McDonnell (R). The state's population is 8,001,024, with a GDP (2009 per capita) of $46,609. The unemployment rate as of May 2011 is 6.0 percent, the foreclosure rate as of May 2011 is one per 766 households, and the projected budget gap for 2012 is $2.0 billion. Also the corporate tax rate is 6.0 percent, and the largest employers are
Northrop Grumman Northrop Grumman Corporation is an American multinational aerospace and defense technology company. With 90,000 employees and an annual revenue in excess of $30 billion, it is one of the world's largest weapons manufacturers and military techn ...
, Food Lion, and Booz Allen Hamilton.
Texas Texas (, ; Spanish: ''Texas'', ''Tejas'') is a state in the South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by ...
was ranked as No. 2 on CNBC's "America's Top States For Business 2011".
CNBC: "America's Top States For Business 2011"
North Carolina North Carolina () is a state in the Southeastern region of the United States. The state is the 28th largest and 9th-most populous of the United States. It is bordered by Virginia to the north, the Atlantic Ocean to the east, Georgia and ...
was ranked as No. 3 on CNBC's "America's Top States For Business 2011".
CNBC: "America's Top States For Business 2011"
Georgia Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the ...
was ranked as No. 4 on CNBC's "America's Top States For Business 2011".
CNBC: "America's Top States For Business 2011"
Colorado Colorado (, other variants) is a state in the Mountain states, Mountain West subregion of the Western United States. It encompasses most of the Southern Rocky Mountains, as well as the northeastern portion of the Colorado Plateau and the wes ...
was ranked as No. 5 on CNBC's "America's Top States For Business 2011".
CNBC: "America's Top States For Business 2011"


References


U.S. Government



RealtyTrac

Center on Budget and Policy Priorities

Federation of Tax Administrators

CNBC: America's Top States for Business


External links



{{Economy of the United States Economy of the United States