Louisiana #1 for Best Business Climate in the USA


3 recent rankings from Business Facilities magazine:

1) For the first time ever, Louisiana has been ranked #1 for Best Business Climate in the USA.  Said Editor-in-Chief Jack Rogers: “When we scrutinized all of the essential elements for a successful economic development program in today’s highly competitive market—including workforce training, incentives, a business-friendly tax and regulatory structure, and a highly diverse, well-conceived growth strategy—we consistently found an aggressive standard for excellence in Louisiana.”  The Top 10 States are:

1. LOUISIANA

2. UTAH

3. TEXAS

4. TENNESSEE

5. INDIANA

6. FLORIDA

7. GEORGIA

8. SOUTH CAROLINA

9. NEBRASKA

10. ALABAMA

2) Furthermore, Greater New Orleans and the Baton Rouge Area (together the “Southeast Super Region”) were ranked in the Top 10 for Economic Growth Potential in the USA.  The Top 10 Regions are:

1. AUSTIN, TX

2. BATON ROUGE, LA

3. MOBILE, AL

4. SALT LAKE CITY, UT

5. NEW ORLEANS, LA

6. CHARLOTTE, NC

7. ORLANDO, FL

8. OKLAHOMA CITY, OK

9. ODESSA, TX

10. DETROIT, MI

3) Finally, Louisiana and the New Orleans region scored in the Top 10 in a number of other key economic categories, including:

  • #1 Fastest Growing Airport
  • #1 Workforce Training
  • #2 Export Leader
  • #2 Natural Gas Production
  • #5 Best Infrastructure
  • #8 Lowest Electricity Rates
  • #8 Lowest Cost of Labor

You can see the full state report here.

You can see the full region report here.