July 6, 2020
Wednesday, May 2, 2018
(STAMFORD, Conn.), May 2, 2018 – For the sixth straight year Florida was ranked as the No. 2 state for business in Chief Executive magazine’s 14th annual Best & Worst States for Business survey, which was released today. The state has consistently ranked among the nation’s top states for business since the survey’s inception. The Chief Executive rankings reflect CEO perceptions of best and worst states based on a range of key measures.
The Orlando area is leading the Florida charge with a flourishing advanced manufacturing sector, based on its location at the center of a nexus of colleges and universities and tapping the expertise of engineers from the nearby “Space Coast” around Cape Canaveral.
North Carolina and South Carolina (tied at No. 3) and Indiana (No. 5) rounded out the top five in the survey. Full results and additional information can be found on ChiefExecutive.net, and in the May/June issue of Chief Executive.
The Best & Worst States for Business survey captures the perceptions of CEOs on a range of important issues. The rankings are crucial, as CEO perception drives investments in offices, factories and other facilities that bring jobs to a region. This year 300 CEOs participated in the survey.
“The annual Best and Worst States Survey is a key component of Florida’s ability to attract new jobs,” said Marshall Cooper, CEO of Chief Executive Group, which has conducted the survey for the last 13 years. “The rankings capture current CEO perceptions of Florida’s business climate, and are a good gauge of the state’s ability to attract and retain business investment in the future.”
In addition to the overall state rankings, Chief Executive’s 2018 Best & Worst States for Business survey also presents individual category rankings, including workforce, taxes/regulation, living environment.
Florida’s rankings in key categories include:
|Chief Executive Best & Worst States for Business|
|Best 5 States||Worst 5 States|
|1. Texas||50. California|
|2. Florida||49. New York|
|3. North Carolina||48. Illinois|
|3. South Carolina||47. New Jersey|
|5. Indiana||46. Connecticut|
About Chief Executive Group
Chief Executive Group, the leading community for business leaders worldwide, publishes Chief Executive magazine (since 1977), ChiefExecutive.net, Corporate Board Member magazine and BoardMember.com, as well as conferences and roundtables that enable CEOs to discuss key subjects and share their experiences with their peers. The Group also runs the Chief Executive Network, the leading CEO membership organization arranged by industry, and facilitates the annual “CEO of the Year,” a prestigious honor bestowed upon an outstanding corporate leader, nominated and selected by a group of peers. Visit www.ChiefExecutive.net and www.BoardMember.com for more information.
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