Southern states dominate the rankings

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(The Center Square) – Southern states rank first for the best business climate in the United States, according to Site Selection magazine’s most recent annual survey.

Texas and North Carolina were the two states with two cities in the 10 most sensible for corporate headquarters relocations. Dallas placed first, Austin placed sixth. Charlotte placed second; Raleigh ranked fifth.

The biggest upset in the ranking was Texas dropping from its long-held top spot in the ranking. Texas for years has ranked first for having the best business climate. This year, that changed, with Georgia taking the top spot.

Georgia followed North Carolina and South Carolina, excluding the three best. Texas is tied with Tennessee in fourth place. Virginia, Alabama, Mississippi and the atypical values of Ohio and Indiana exclude the 10 states with the most productive industries. climate.

According to the survey, most of the most sensitive cities for corporate headquarters relocation are also located in the south. Dallas ranked first, followed by Charlotte, Atlanta, Nashville, Raleigh, Austin, Chicago, Richmond, Memphis, Phoenix and San Diego.

That Dallas receives the most sensible rating “should not come as a surprise,” said Dallas Mayor Eric Johnson. “Dallas has been on an economic winning streak in recent years and shows no signs of slowing down until 2025. Texas has rightly earned its reputation as a wonderful state in which to do business, and this popularity solidifies Dallas as the city, not only in Texas. Still national matrix for companies.

Site selectors “tend to favor southern states,” the magazine says, because their business climates offer “labor, state and local tax policy, and burden of living. ” They also benefit from incentives offered through states, in terms of quality of life and employee education programs, according to the survey.

Tess Fay, director and vice president of global leasing strategies, founded in South Carolina, said: “The South has a merit in terms of logistics and infrastructure that has made it horny for projects like those GLS is working on. Associated with a relatively low charging environment and relatively favorable advertising policies, they complete a precedence for many of our clients. The main differentiators also come with economic progression infrastructure and the availability of stocks, he said.

This year, 36 sites participated in the survey, which covered questions ranging from “business climate to how they price innovation centers and the importance of electricity availability” Array

Site selectors said California and New Jersey have the worst commercial climates; South Carolina, Ohio, and Michigan have the production workforce.

The top five southern states “accounted for roughly 60% of all our state-specific client inquiries and related location research,” John Boyd Jr., principal of The Boyd Company Inc., a national site consulting firm with offices in Florida and New Jersey, said.

“The South wins the race for the business climate due to points such as demographic replacement towards the South, investments in site preparation, paint force educational systems, availability of incentives, reduction of prices and taxes, taxes “and positive fiscal policies and union and bay relations,” Mr. Boyd added.

He also said that South Carolina ranking first for having the best manufacturing workforce was because of its “top-notch workforce training program – readySC – that works hand-in-glove with the state’s network of technical colleges, as well as its outstanding labor-management relations climate.”

The president of Garner Economics LLC, based in Atlanta, Jay Garner, said that the legislatures of the five most classified South South states “have worked tirelessly for years to be pro-negocio. ” Many are favorably located in the annual tax competitiveness index of the Tax Foundation. “

California and New Jersey have the worst business climate because of their high tax policies, he added.

When asked to name the biggest workforce challenges over the next decade, site selectors listed labor shortages, affordable housing, upskilling, childcare and lack of soft skills.

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