Georgia’s business climate has been named No. 1 in the nation by Site Selection magazine, an economic-development trade publication.
According to a news release from Gov. Nathan Deal’s office, the magazine releases its annual rankings each November. It bases its research partially on a survey of corporate real-estate executives and an index of tax-burden criteria, according to the Tax Foundation and KPMG’s Location Matters analysis and the states’ performance in Conway Data’s New Plant Database, which tracks new and expanded business-facility activity.
“Georgia is a regular top finisher in our annual analysis of state business climates, with five top-10 placements in the last five years,” Site Selection Editor in Chief Mark Arend said. “Executives at companies investing there regularly point to its many logistics advantages, cutting-edge workforce training programs, particularly Quick Start, and proactive economic developers on the state and local levels who understand the business requirements of today’s capital investors.”
Georgia has ranked among the top 10 states in Site Selection’s business climate rankings during the last 10 years, and moves up from No. 4 last year. The Peach State makes frequent appearances on national “Top 10” lists for business, including No. 2 in Area Development’s 2013 rankings and No. 8 in CNBC’s annual rankings.
Site Selection magazine, published by Conway Data Inc., delivers expansion planning information to 49,000 executives of fast-growing firms. For more information, go to www.siteselection.com.