Alabama #4 overall Top State for Doing Business

AD_MAGArea Development ‘s fifth annual Top States for Doing Business survey of site consultants, ranks the states based on their number of mentions by the consultants in three overall categories and 18 subcategories, Business Environment, Labor Climate and Infrastructure and Global Access:

http://www.areadevelopment.com/Top-States-for-Doing-Business/

TOP STATES FOR DOING BUSINESS 2014

  1. Georgia
  2. Texas
  3. South Carolina
  4. Alabama
  5. Tennessee
  6. Louisiana
  7. Indiana
  8. North Carolina
  9. Ohio
  10. Mississippi

Business Environment

Overall Rank  Alabama #4

  • Cost of Doing Business  Alabama #4
  • Incentive Programs   Alabama #5
  • Corporate Tax Environment
  • Cooperative State Government  Alabama #5
  • Access to Capital & Project Funding   
  • Speed of Permitting   Alabama #1
  • Most Favorable Regulatory Environment   Alabama #4

Labor Climate

Overall Rank   Alabama #4   

  • Availability of Skilled Labor   
  • Competitive Labor Costs  Alabama #1  
  • Leading Workforce Development   Alabama #4
  • Labor Climate (RTW)   Alabama #4
  • Labor Climate (Non RTW)

Overall Infrastructure & Global Access

  • Distribution/Supply Chain Hubs
  • Rail & Highway Accessibility
  • Certified Sites/Shovel-Ready Programs   Alabama #4
  • Competitive Utility Rates  Alabama #1 
  • Energy Reliability / Smart Grid Deployment   
  • Water Outlook (Availability & Cost)