California Ranks 15th for Business Climate as No. 1 Entrepreneurship Offsets No. 49 Costs
Updated
Updated · OCRegister · Jul 22
California Ranks 15th for Business Climate as No. 1 Entrepreneurship Offsets No. 49 Costs
1 articles · Updated · OCRegister · Jul 22
Summary
California placed 15th in a new national business-climate ranking built from 36 metrics across six yardsticks, landing well above its 27th-place consensus ranking in other scorecards.
No. 1 entrepreneurship drove the showing, while California also ranked No. 6 for workforce and No. 7 for economic strength despite a tougher operating environment.
No. 30 business friendliness and No. 49 costs held the state back, with only New York ranking as a costlier place to do business.
Utah took the top overall spot ahead of North Carolina, Texas, Colorado and Florida, while Alaska ranked last.
Weighting changes sharply altered California's result: doubling costs would drop it to No. 24, while doubling entrepreneurship would lift it to No. 8.