Louisiana called ‘Cinderella state’ on latest business climate ranking
Louisiana called ‘Cinderella state’ on latest business climate ranking

Published Oct 22, 2014 at 3:07 pm

Louisiana is ranked as the ninth-best state for business in a new survey of more than 500 CEOs of U.S. companies by Chief Executive magazine.

“Having jumped 31 positions from 40th in 2010 to No. 9 this year, Louisiana is the Cinderella state ofChief Executive‘s ranking, proving that a concerted effort to transform old habits and policies can truly pay off,” says the magazine.

Chief Executive says it asked CEOs about tax and regulatory issues, as well as workforce quality and overall living standards in compiling its ranking. Texas is ranked as the top state for business in the ranking, followed by Tennessee, North Carolina, South Carolina, Indiana, Arizona, Nevada and Louisiana. See the complete rankings..

The positive ranking of Louisiana’s business climate is the second this week. On Monday, aranking released by location marketing firm Development Counsellors International placed Louisiana No. 10 nationally. DCI also ranked the state’s economic development agency, Louisiana Economic Development, No. 2 nationally, trailing only the Georgia Department of Economic Development. —Steve Sanoski, Baton Rouge Business Report, www.businessreport.com 

Article courtesy of Greater Baton Rouge Business Report

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