Georgia ranked No. 8 on Forbes’ annual “Best State for Business” list, which is up three spots from last year's listing.
Forbes compiled the list using six categories: costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life.
According to the
Atlanta Business Chronicle, Georgia gained the ranking with a gross state product of $419 billion and five-year annual gross state product of -0.2 percent.
Utah ranked No. 1 for the third year running with Virginia and North Dakota following in second and third place. North Carolina and Colorado ranked fourth and fifth.
The Top Ten, courtesy of
Forbes:
- Utah
- Virginia
- North Dakota
- North Carolina
- Colorado
- Nebraska
- Texas
- Georgia
- Oklahoma
- Iowa