America’s Top States for Business 2023: The full rankings

Published Friday, July 14, 2023

America’s Top States for Business 2023: The full rankings

CNBC.com staff
 

To rank America’s Top States for Business in 2023, CNBC scored all 50 states on 86 metrics in 10 broad categories of competitiveness. Each category is weighted based on how frequently states use them as a selling point in economic development marketing materials. That way, our study ranks the states based on the attributes they use to sell themselves. We developed our criteria and metrics in consultation with a diverse array of business and policy experts, and the states. Our study is not an opinion survey. We use data from a variety of sources to measure the states’ performance. Under our methodology, states can earn a maximum of 2,500 points. The states with the most are America’s Top States for Business.

AMERICA’S TOP STATES FOR BUSINESS 2023

OVERALL RANK  STATE  WORK- FORCE  INFRA- STRUCTURE  ECONOMY  LIFE, HEALTH & INCLUSION  COST OF DOING BUSINESS  TECHN & INNOVATION  BUSINESS FRIENDLI- NESS  EDUCATION  ACCESS TO CAPITAL  COST OF LIVING 
1 North Carolina 1 16 3 34 18 6 10 7 6 27
2 Virginia 7 10 13 16 34 15 6 1 4 25
3 Tennessee 9 3 5 43 7 27 19 5 15 22
4 Georgia 8 1 4 39 27 19 35 21 23 14
5 Minnesota 17 3 24 4 39 4 30 13 20 17
6 Texas 2 24 2 50 16 8 25 35 1 22
7 Washington 5 23 17 7 37 3 22 32 17 44
8 Florida 15 14 1 41 26 20 26 36 16 36
9 Utah 6 29 6 38 22 23 7 44 23 39
10 Michigan 24 26 29 24 6 12 15 36 10 7
11 Colorado 9 10 32 8 38 10 18 21 12 35
12 Ohio 39 6 21 23 4 16 40 40 5 3
13 Indiana 35 5 9 44 5 22 22 45 13 3
14 Arizona 3 7 15 35 33 18 13 42 17 40
15 Massachusetts 13 34 26 8 49 1 19 3 3 47
15 Pennsylvania 24 17 18 27 24 11 31 13 6 16
17 Illinois 28 2 33 17 32 14 39 2 6 9
18 Delaware 4 19 10 21 42 24 26 46 27 30
19 New Jersey 16 21 19 3 44 21 48 4 11 30
20 New York 46 18 12 14 41 5 46 13 6 46
21 Oregon 14 32 26 6 31 9 43 30 20 48
22 Maryland 28 15 31 11 47 7 24 21 13 27
23 Iowa 23 26 42 13 20 27 33 26 35 1
23 Kansas 30 10 40 30 13 34 11 5 45 2
25 California 12 26 37 19 45 1 47 9 1 49
26 Idaho 20 38 8 33 21 25 14 47 30 40
27 South Carolina 31 8 7 46 13 37 32 27 41 21
28 Nebraska 36 35 34 22 19 33 8 20 40 12
29 Vermont 41 37 39 1 40 31 16 10 32 36
30 Nevada 11 9 11 31 30 47 9 50 25 36
31 Connecticut 21 33 42 10 43 13 16 13 27 34
32 Missouri 49 21 16 45 2 30 29 11 17 7
33 Wisconsin 38 39 20 36 17 17 33 13 35 20
34 South Dakota 47 31 28 31 11 42 2 27 37 27
35 Montana 42 40 23 28 22 35 4 13 41 45
36 North Dakota 43 25 46 18 29 44 1 21 41 17
37 Wyoming 18 36 35 25 28 50 2 11 30 22
38 Kentucky 33 29 25 36 10 41 40 36 45 17
39 Maine 22 50 38 2 34 40 26 19 48 32
40 New Hampshire 34 42 44 15 36 35 4 8 32 40
41 Oklahoma 36 20 30 49 3 38 21 48 25 5
42 Alabama 44 13 21 46 12 32 42 34 37 11
43 New Mexico 27 45 36 29 24 27 44 21 47 26
44 Arkansas 31 46 14 42 15 49 44 42 20 12
45 Rhode Island 19 44 48 12 46 25 37 41 29 43
46 West Virginia 50 41 48 26 1 47 49 32 39 5
47 Hawaii 40 43 41 5 50 39 36 36 50 50
48 Mississippi 45 48 47 39 9 46 50 27 41 9
49 Louisiana 48 46 45 48 7 45 37 30 32 14
50 Alaska 26 49 50 20 48 43 12 49 49 32

https://www.cnbc.com/2023/07/11/americas-top-states-for-business-2023-the-full-rankings.html 

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