GREENWICH, Conn. — CEOs rated Ohio 10th out of 50, as a best state in which to do business, according to Chief Executive magazine’s annual Best & Worst States for Business survey.
Ohio moved up 12 spots, from 22 in 2015, jumping the most positions of any state.
The Best & Worst States for Business survey gauges the sentiment of CEOs on a variety of measures that they have viewed as critical. These include the tax and regulatory regime, the quality of the workforce and the quality of the living environment. The rankings are crucial, as CEO sentiment drives investments in offices, factories and other facilities that bring jobs to a region.
“Ohio is the country’s seventh-largest economy with a GDP of almost $600 million,” said Marshall Cooper, CEO of Chief Executive magazine and ChiefExecutive.net. “This says a lot about the quality of the state’s business environment.”
For individual state rankings, CEO comments and methodology, visit http://chiefexecutive.net/2016-best-and-worst-states-for-business/.