Georgia Named Among Best States for Business

From Atlanta Real Estate Forum

CNBC just announced America’s Top States for Business 2011 and Georgia is one of the leaders of the pack. Listed this year at 4th, this is up from 10th in 2010. Georgia has been a great place to do business for years, and the job growth resulting from business growth is why the Atlanta real estate market was hot for so many years!

Georgia scored a 1,513 out of 2,500 points in CNBC’s study, which considers a variety of factors that measure competitiveness. The National Association of Manufacturers and the Council on Competitiveness gave input to the study.

The 10 categories ranked in CNBC’s study and Georgia’s scores are:

• Cost of Doing Business — ranked 18th with a score of 208
• Workforce — ranked fourth with a score of 259
• Quality of Life — ranked 38th with a score of 140
• Economy — ranked 35th with a score of 107
• Infrastructure & Transportation — ranked second with a score of 273
• Technology & Innovation — ranked 17th with a score of 156
• Education — ranked 22nd with a score of 118
• Business Friendliness — ranked 16th with a score of 134
• Access to Capital — ranked 13th with a score of 76
• Cost of Living — ranked ninth with a score of 42

Georgia ranked highest for infrastructure and transportation. Quality of life in Georgia fell on the low end of the spectrum in the study.