Nashville Business and Economy

Site Selection Magazine, just named Tennessee's business climate FIFTH BEST in the United States, for the second year in a row! (11/11/06)

BEST business climate in the U.S.? North Carolina, followed by Texas, Ohio, Georgia, and Tennessee.

From the Nashville City Paper:

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Half the ranking score was derived from a survey of corporate site electors, which ranked Tennessee sixth nationally.

"Corporate site selectors' input is crucial. They indicate which 10 states they think have the best business climate based on their experience of managing property assets around the country," wrote the magazine's editor, Mark Arend, in the article announcing the latest ranks. The ranking also took into account the state's performance in categories including new or expanded projects and new plant performance. Tennessee ranked eighth in terms of total new or expanded projects in 2005, and 12th in new plant performance.

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[SOURCE: Nashville City Paper]

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