Site Selection magazine has released the annual rankings of states based on business competitiveness.
Texas takes the top spot this year followed closely by Indiana and Georgia.
5. North Carolina
10. South Carolina
The criteria used to determine a state’s competitiveness include:
•Total new and expanded facilities in 2012
•Total new and expanded facilities in 2012 per 1 million population
•Total capital investment in new and expanded facilities in 2012
•Total capital investment in new and expanded facilities per 1 million population in 2012
•Total new jobs created in 2012
•Total new jobs created in 2012 per 1 million population
•Rank in the corporate real estate executive portion of the 2012 Site Selection Business Climate Ranking
•State tax climate as ranked by the Tax Foundation
•Performance in the Beacon Hill Institute's State Competitiveness Index (Business Incubator Index)
•Number of National Career Readiness Certificates per 1,000 residents aged 18-64, according to ACT — Workforce Development Division, administrator of the ACT Certified Work Ready Communities initiative