La. ranked 11th-best state for business

CEOs nationwide rank Louisiana the 11th-best state for business, according to Chief Executive magazine’s 2013 survey, released Monday. That’s a jump of two spots for Louisiana since last year and the highest ranking the state has ever received in the survey, Gov. Bobby Jindal’s office says. “The report continues the state’s ascent in national business climate rankings, with Louisiana showing the greatest improvement of any state in the U.S. over the past four years,” reads a release from the governor’s office. “Since 2009, Louisiana has improved a nation-best 33 spots in the Chief Executive survey. In the survey, Louisiana is given 3.5 out of 5 stars when it comes to taxation and regulations; 3.5 stars for workforce quality; and 4 stars for living environment. Chief Executive Editor-in-Chief J.P. Donlon, who last year described Louisiana as “the Cinderella of business improvement,” writes this year that “Louisiana has come a long way since 2006 when it ranked 47th.” The top five states in this year’s ranking—Texas, Florida, North Carolina, Tennessee and Indiana—are all unchanged from last year. California is ranked the worst state for business, as it was last year.

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